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Shopping Regional

Woodfield Square

617 Bessemer Super Hwy, Birmingham, AL 35228

Listing Price: $3,550,000

Cap Rate
9.75%
Gross SF
65,750
Rentable SF
65,750
Price/Gross SF
$53.99
Lot Size
6.50 acres
Year Built
1985

Investment Overview

Marcus & Millichap is pleased to present for sale this multi-tenant shopping center located at 617 Bessemer Super Highway Midfield, Alabama, part of Birmingham, AL MSA. The property consists of a 6.50-acre parcel improved with a 65,750-square foot building. Eleven tenants occupy approximately 100% of the available space. Two additional leases are in place for use of the parking lot depending on the season and events. There are four points of ingress and egress for the property which include access to Bessemer Super Highway.

The property is strategically located along a retail corridor of Midfield. This area experiences daily traffic counts in excess of 21,200 vehicles per day. Other notable tenants in the immediate trade area include AutoZone, O’Reilly Auto Parts, Save A Lot, Family Dollar and the US Postal Service to name a few. Household population is approximately 119,000 within a 5-mile radius of the property.

Investment Highlights

  • 95% Occupied Shopping Center
  • Birmingham, AL MSA
  • Long-term Retail Tenants
  • New Roof and HVACs

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Shopping Regional

Woodfield Square

Listing Price: $3,550,000

Cap Rate
9.75%
Gross SF
65,750
Rentable SF
65,750
Price/Gross SF
$53.99
Lot Size
6.50 acres
Year Built
1985

Investment Highlights

  • 95% Occupied Shopping Center
  • Birmingham, AL MSA
  • Long-term Retail Tenants
  • New Roof and HVACs

Investment Overview

Marcus & Millichap is pleased to present for sale this multi-tenant shopping center located at 617 Bessemer Super Highway Midfield, Alabama, part of Birmingham, AL MSA. The property consists of a 6.50-acre parcel improved with a 65,750-square foot building. Eleven tenants occupy approximately 100% of the available space. Two additional leases are in place for use of the parking lot depending on the season and events. There are four points of ingress and egress for the property which include access to Bessemer Super Highway. The property is strategically located along a retail corridor of Midfield. This area experiences daily traffic counts in excess of 21,200 vehicles per day. Other notable tenants in the immediate trade area include AutoZone, O’Reilly Auto Parts, Save A Lot, Family Dollar and the US Postal Service to name a few. Household population is approximately 119,000 within a 5-mile radius of the property.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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