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Mugshots Bar and Grill 3339 Lowery Pky 5,293 SF Retail Building Fultondale, AL 35068 $2,500,000 ($472.32/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- This property is an outparcel to the Fultondale Promenade which is anchored by tenants such as Target, Ross, Five Below, Ashley Furniture and JCP
EXECUTIVE SUMMARY
The property is located directly off Interstate 65 within the Fultondale Promenade, providing excellent visibility and immediate access to one of the primary north-south corridors serving the Birmingham metro. The area functions as a major retail and dining destination for North Birmingham, supported by strong commuter traffic and a dense surrounding residential base. The corridor is anchored by a mix of national and regional retailers, restaurants, and service-oriented users, generating consistent activity throughout weekday meal periods and peak weekend hours. The location offers convenient ingress and egress and benefits from proximity to major employers, established neighborhoods, and nearby hospitality options that further support restaurant demand. Its close proximity to downtown Birmingham allows the site to capture both local clientele and pass-through traffic traveling between the city and northern suburbs, creating a proven, durable restaurant location with long-term stability.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
5,293 SF
Building Class
A
Year Built
2016
Price
$2,500,000
Price Per SF
$472.32
Cap Rate
7%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.23 AC
Opportunity Zone
Yes
Zoning
None
Parking
62 Spaces (11.71 Spaces per 1,000 SF Leased)
Frontage
116’ on Lowery Pky
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-00-36-2-000-032.004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $352,440 |
PROPERTY TAXES
Parcel Number
14-00-36-2-000-032.004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$352,440
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Mugshots Bar and Grill | 3339 Lowery Pky
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