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Investment Highlights

  • 28,092 SF anchor tenant plus four retail units totaling 5,988 square feet
  • Prime Vestavia Hills location, directly across from the City’s civic center and municipal court buildings
  • Signalized Intersection
  • 100% Occupancy

Executive Summary

SRS Capital Markets | National Multi-Tenant Advisory is pleased to present an exceptional investment opportunity located in the thriving Vestavia Hills area of Birmingham, Alabama. Vestavia Commons presents a prime Retail/Community Center venture. The Property is newly anchored by The Picklr, Alabama’s first indoor pickleball hub.
Boasting a generous 34,080 square foot building with four units plus the main anchor, this 2016-built asset offers a prime location fronting on Montgomery Highway. With the property at 100% occupancy, investors can benefit from a stable and lucrative income stream. Situated in a high-traffic area, this property provides an ideal position for retailers and community services to thrive.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
34,080 SF
Building Class
B
Year Built
2016
Price
$15,499,660 CAD
Price Per SF
$454.80 CAD
Cap Rate
7.71%
NOI
$1,194,613 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.23
Lot Size
3.34 AC
Zoning
B-2 - General Business
Parking
168 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
206’ on Montgomery Hwy

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Chipotle Mexican Grill began in 1993 when Steve Ells opened a restaurant in Denver, Colorado. The company focuses on burritos, tacos, bowls, and salads made with fresh ingredients. Customers can customize their orders while watching the food preparation. Chipotle operates thousands of locations internationally and emphasizes using real food without artificial additives. The chain has grown substantially since its founding and remains a major player in the fast-casual dining industry.

  • Accommodation and Food Services
  • -
  • -
  • -
  • Jan 0000

Jersey Mike's Subs began in 1956 when 17-year-old Peter Cancro bought a local sub shop in New Jersey. The company expanded through franchising starting in 1987 while maintaining its focus on quality ingredients and community involvement. Their signature subs are made to order with fresh-sliced meats and cheeses. After building a strong US presence, Jersey Mike's launched international expansion in 2026 with plans for UK/Ireland locations. The brand remains committed to its original sub-making principles while growing globally.

  • Services
  • -
  • -
  • -
  • Jan 0000

Supercuts began in 1975 in Albany, California, and grew into a hair salon franchise under Regis Corporation. Supercuts focuses on no-appointment-required hair services for men and women, including cuts, colour and related salon services, alongside online check-in and wait-time tools. Supercuts also sells professional hair care products through salons, adding a retail element to the service model. Today, Supercuts maintains a broad salon network across the country and is known for a practical, standardised approach to everyday hair care.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - Lorem Ipsum Jan 0000
Accommodation and Food Services - - - Jan 0000
Services - - - Jan 0000
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Truist
Metro Diner
Red Lobster
Great Greek Mediterranean Grill
First Watch
Pinnacle Bank
Publix
Orangetheory Fitness
HOTWORX
Planet Fitness

Property Taxes

Property Taxes

Parcel Number
28-00-30-3-001-002.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,531,897 CAD
  • Listing ID: 39809286

  • Date on Market: 2026-03-17

  • Last Updated:

  • Address: 1031 Old Montgomery Hwy, Birmingham, AL 35216

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