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Bank

Legacy Community Credit Union

9825 Parkway E, Birmingham, AL 35215

Listing Price: $413,000

Cap Rate
8.00%
Tenant Name
Legacy Community Credit Union
Years Remaining On Lease
1.6
Gross SF
1,614
Guarantor
Corporate Guarantee
Rentable SF
1,614
Price/Gross SF
$255.89
Lease Type
Ground Lease
Rent Per Square Feet
$20.45

Investment Overview

Offered for sale is the opportunity to acquire a ground lease Legacy Community Credit Union in Birmingham, Alabama. The property consists of a 1,614-square-foot, freestanding building that sits on 0.48 acres of land. There are 1.6 years remaining on the current lease term. Broker of Record for AL: Eddie Greenhalgh, License: 000088298-0, P: (205) 510-9200

Investment Highlights

  • Ground Lease with 1.6 Years Remaining
  • Low Price Point
  • Tenant has Operated at this Site for 18 Years
  • High Area Traffic Counts - Excellent Access and Visibility on Parkway East (45,900 VPD)
  • More Than 100,666 Residents Within a Five-Mile Radius
  • 1.4 Miles to Interstate 59, A Major Route Connecting the City to New Orleans, Louisiana and Chattanooga, Tennessee

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Bank

Legacy Community Credit Union

Listing Price: $413,000

Cap Rate
8.00%
Tenant Name
Legacy Community Credit Union
Years Remaining On Lease
1.6
Gross SF
1,614
Guarantor
Corporate Guarantee
Rentable SF
1,614
Price/Gross SF
$255.89
Lease Type
Ground Lease
Rent Per Square Feet
$20.45

Investment Highlights

  • Ground Lease with 1.6 Years Remaining
  • Low Price Point
  • Tenant has Operated at this Site for 18 Years
  • High Area Traffic Counts - Excellent Access and Visibility on Parkway East (45,900 VPD)
  • More Than 100,666 Residents Within a Five-Mile Radius
  • 1.4 Miles to Interstate 59, A Major Route Connecting the City to New Orleans, Louisiana and Chattanooga, Tennessee

Investment Overview

Offered for sale is the opportunity to acquire a ground lease Legacy Community Credit Union in Birmingham, Alabama. The property consists of a 1,614-square-foot, freestanding building that sits on 0.48 acres of land. There are 1.6 years remaining on the current lease term. Broker of Record for AL: Eddie Greenhalgh, License: 000088298-0, P: (205) 510-9200

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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