This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
5400 Highway 280
Birmingham, AL 35242
CVS · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
About 5400 HIGHWAY 280 , BIRMINGHAM, AL 35242
Completed in 2014, a 12,900± square foot freestanding CVS PHARMACY DRUG STORE branch with 70 parking spaces and drive-thru. Leased to ALABAMA CVS PHARMACY, LLC, and guaranteed by CVS CAREMARK CORPORATION, for 25 years from July 10, 2013 until January 31, 2039. The annual rent of $623,457 increases by 10% to $685,764 on August 1, 2023. The lease is absolute net with the tenant responsible for all taxes, insurance and maintenance including roof and structure. There are six 5-year options to renew with 10% rental increases in each option period.
Property Taxes
| Parcel Number | 039320001009000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $802,600 |
Property Taxes
