Your email has been sent.
Parkside at Dolly Ridge 4317 Dolly Ridge Rd 14,935 SF 100% Leased Retail Building Birmingham, AL 35243 $8,632,250 ($577.99/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Premier tenant mix
- 100% Leased
- Affluent population in Vestavia Submarket
EXECUTIVE SUMMARY
* 100% Leased - Grandview Medical Anchored Retail Center
* Premier tenant mix including Big Bad Breakfast, Grandview Medical, Bodybar Pilates, SweatHouz, Kares Salon and Infinity Personal Training
* Recent 2022 construction
* 8.25 years remaining WALT
* NNN lease structures with strong rent escalations and minimal landlord responsibilities
* $191,369 Avg HH income (1 mile) $207,869 (3 miles)
* Highly educated, affluent population in Vestavia submarket (Metro Birmingham)
* Located next to Cahaba Heights Elementary and integrated with Vestavia Hills' Sport Complex, dog park and Community Center
* U S Highway 280 corridor includes over 5.5 million square feet of office space and over 1.2 million square feet of retail
* 858,700 annual visits and 241,600 visitors within 1,000 feet radius
* Avg dwell time: 62 minutes, with a 3.55 x visit frequency per user
* Blocks from the upscale open-air "lifestyle center" The Summit with over 1 million square feet of retail/restaurants and over 11 million visitors per year
PROPERTY FACTS Under Contract
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Arts, Entertainment, and Recreation
- -
- $34.00
- Triple Net
- Mar 2033
BODYBAR Pilates’ purpose is to build a community of people who love, respect, encourage and motivate one another to be strong, healthy and happy human beings. They achieve this by empowering values-focused entrepreneurs to deliver their brand ethos globally via BODYBAR studio ownership. Their mission is to cultivate a balanced, athletic, and real community. They are committed to providing a fiercely effective workout experience powered by Pilates that helps individuals discover their physical potential and enhance their overall well-being both on and off the Reformer.
-
- Health Care and Social Assistance
- -
- -
- -
- Aug 2032
At Grandview Medical Group, their compassionate team is committed to working with you to meet your healthcare needs. Whether you are looking for a primary care physician or a specialist, their dedicated staff will assist you in finding a doctor who is conveniently located near you. Good health is a life-long journey and their personalized patient experience can make your journey smoother.
- Infinity Personal Training
- Retailer
- -
- $37.50
- Triple Net
- May 2035
- SweatHouz
- Retailer
- -
- -
- Triple Net
- Nov 2029
- The Hair Bar
- Retailer
- -
- -
- Triple Net
- Sep 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Arts, Entertainment, and Recreation | - | $34.00 | Triple Net | Mar 2033 | |
|
|
Health Care and Social Assistance | - | - | - | Aug 2032 | |
| Infinity Personal Training | Retailer | - | $37.50 | Triple Net | May 2035 | |
| SweatHouz | Retailer | - | - | Triple Net | Nov 2029 | |
| The Hair Bar | Retailer | - | - | Triple Net | Sep 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-00-22-2-010-010.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $677,160 |
PROPERTY TAXES
Presented by
Parkside at Dolly Ridge | 4317 Dolly Ridge Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.