9060-9098 Parkway E | Birmingham, AL 35206
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- LoopNet Team
9060-9098 Parkway E
Birmingham, AL 35206
High Occupancy Retail Center w/ Value-Add · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent opportunity to acquire a large, stabilized shopping center with strong anchor tenants, including Diamond Furniture and Dollar General.
- Two large vacancies provide tremendous upside through strategic lease-up at current market rates.
- Over 105,000 residents live within five miles of the property, and the average income within one mile is expected to increase 22% by 2028.
- 9060-9098 Parkway E is currently 81% leased to a mix of national and local tenants, including a Regions Bank ATM and more.
- Conveniently located off Parkway East and Interstate 59, seeing over 75,000 vehicles passing by daily.
- Birmingham is the perfect investment location as it offers affordability, a strong economy, a strategic location, and development opportunities.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront
Building Size
153,853 SF
Building Class
C
Year Built/Renovated
1959/2005
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
7 Exterior
Building FAR
0.28
Lot Size
12.50 AC
Parcel Number
23-00-01-2-002-004.000
Zoning
CB2
Parking
776 Spaces (5.04 Spaces per 1,000 SF Leased)
Frontage
777’ on Parkway Rd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
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