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CVS 2000 Center Point 10,195 SF Retail Building Birmingham, AL 35215 $2,790,400 CAD ($273.70 CAD/SF) 13.71% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Strategic Retail Location
  • Strong Demographics
  • High Traffic Counts

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, Absolute NNN leased CVS located at 2000 Center Point Parkway in Birmingham, Alabama (the “Property”). This is a dark location, CVS has 3+ years remaining on their lease and will continue to pay base rent and additional rent for the remainder of their primary lease term. The Property is situated on a highly visible corner parcel at the signalized intersection of 20th Avenue NW and Center Point Parkway (AL Route 75), the area’s primary commercial and commuter corridor. CVS enjoys outstanding visibility and frontage with two points of access and is surrounded by national and local retailers and restaurants that drive traffic to the area. Located in the northern portion of Birmingham, the Property lies in the heart of a densely populated residential neighborhood that provides a captive customer base. The Property is 12-miles from Birmingham’s Central Business District.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,195 SF
Building Class
C
Year Built
2001
Price
$2,790,400 CAD
Price Per SF
$273.70 CAD
Cap Rate
13.71%
NOI
$382,617 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.51 AC
Zoning
C1
Frontage
60’ on 20TH AVE

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • CVS
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
CVS Retailer - - -
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Walmart Neighborhood Market
PNC Bank
Regions Bank
Waffle House
Food Giant
Krystal
Applebee's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-00-18-3-007-002.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$166,303 CAD
  • Listing ID: 33991930

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: 2000 Center Point, Birmingham, AL 35215

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