16 Years Remaining on NNN Walgreens Lease

  SOLD May 2019 for $5,757,385

101 Bessemer Super Highway, Birmingham, Alabama 35228


Documents
Building Size13,400 Square Feet
Land Size0.9 Acres
ZoningCommercial
Year Built2014

Long Term NNN Lease - 16+ years remaining on a passive triple net lease; no landlord obligations.

Corporate Backed Guarantee - Walgreens Co. has a S&P investment grade credit rating of “BBB.”

Dense Residential Corridor - Over 160,000 residents within a 5 mile radius.

Suburb of Birmingham - Birmingham is the largest city in the state with a metro population of +/- 1,136,650 residents.

Just Minutes from Two Universities - Birmingham-Southern College and University of Alabama at Birmingham have a total combined enrollment of over 20,829. UAB is the city's largest employer.

Large Steel Producer Less Than 1 Mile Away - New Process Steel is a globally respected steel manufacturer and distributor and has one of its six locations in Birmingham, AL.

New Amazon Fulfillment Center 5 Miles South of Subject Property - Amazon has announced a $325 million fulfillment center to be built in Bessemer, which will bring +/- 500 new jobs to the area.

UAB is Alabama's Largest Employer - University of Alabama at Birmingham employs over 23,000 people and receives over $500 million in federal funding annually for medical research.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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