Retail - BIRMINGHAM, AL
Great investment opportunity. Property is under a "triple-net" land lease, with monthly payments of $2,750.00. Lease has been renewed till 12/31/2018. At expiration of lease there is an automatic 5 year extension at a mutually agreed upon lease rate. The current tenant is a credit union and has previously renewed lease at the past three anniversary dates. The property has great visibility and fronts the high traffic count of Parkway East. Site has two entrance/exits onto the parkway.
Would you like more information regarding this property?
Please call (205) 661-0662.
Data Provided by:
Birmingham Area Multiple Listing Service