FirstBank

5342 Highway 280, Birmingham, AL
Deal Type:
Net Lease
Price:
$2,216,405
Cap Rate:
5.73%
Current Rent:
$127,000
Lease Type:
DoubleNet
Lease Term:
15 years
Landlord Responsibilities:
Roof & Structure
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
2,900 SF
Rent Increases:
1.5% Annually
Site Size:
0.55 Acres
  • firstbank stream capital partners
  • firstbank stream capital partners
  • firstbank stream capital partners
  • firstbank stream capital partners

Investment Highlights

  • Primary US-280 and Hwy 119 intersection location with more than 81,600 vehicles per day. The property has excellent visibility and multiple points of ingress/egress
  • Residential population growth of over 5% is projected over the next five years and average household incomes exceeding $143,000 within 3 miles
  • Located among other national tenants including Walmart, Lowe’s, Best Buy, Chick-fil-A, Dick’s, Publix, Sprouts, TJ Maxx, The Home Depot, and T-Mobile, among others
  • Located down the street from the brand-new Tattersall Park development, a 78-acre mixed-use project that features Walk-On’s, Publix, Starbucks, and more
  • More than 90,000 residents and 50,600 employees support the trade area

Listing Agents

Adam Baxter

Vice President
205 394 3520
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]
Jordan Williams Stream Capital Partners

Jordan Williams

Senior Associate
205 209 5671
[email protected]

Alabama Broker of Record: Jonathan Wolfe, Lic. #000116991 – 0

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.







    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






      View All Listings