9190 Parkway E | Birmingham, AL 35206
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9190 Parkway E
Birmingham, AL 35206
T-Mobile · Retail Property For Sale
Investment Highlights
- Free standing building with drive thru
- Ample surface parking
- Signalized intersection
- Super Walmart outparcel
Executive Summary
Fantastic opportunity to acquire a freestanding T-Mobile retail store with a NN Corporate guaranteed lease. The property is situated on a signalized corner Super Walmart outparcel with exceptional traffic counts. Originally built as a Starbucks with a drive-thru, the property has a remaining lease term of five years with two five-year extensions options with 10% rent increases. The current annual rent is $50,484. A new roof was installed in 2023, ensuring minimal maintenance costs for the new owner. The building has a total area of 1,836 square feet and is situated on a .46-acre lot with 17 parking spaces and an enclosed dumpster pad.
Re-striped parking lot in 2024
Re-striped parking lot in 2024
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,836 SF
Building Class
B
Year Built
2006
Price
£677,228
Price Per SF
£369
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
CB2
Parking
14 Spaces (7.65 Spaces per 1,000 SF Leased)
Frontage
244 ft on East Pky
Amenities
- Freeway Visibility
- Signalised Intersection
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