Little Professor
Net Lease
2738 18th St S, Homewood, Alabama
Ownership Type:
Fee Simple
Landlord Responsibilities:
Roof and Structure
Lease Expiration Date::
Approx. 3.6 Years years
Renewal Options:
2, 5 Year Options
Building Sq. Ft.:
4,200 SF
Rent Increases:
2% Annually
Investment Highlights
- High-Barrier Urban Infill Location: Ideally positioned in the heart of Downtown Homewood, one of Birmingham’s most vibrant and walkable submarkets. The area’s limited available land and strong zoning protections create lasting real estate value and supply constraints.
- Prime Retail Visibility & Foot Traffic: Strategically located along 18th Street South, surrounded by a mix of popular local boutiques, coffee shops, and restaurants. The property benefits from steady pedestrian activity and visibility to 10,000+ vehicles per day, enhancing tenant exposure and sales performance.
- Affluent Surrounding Demographics: Situated within one of Birmingham’s most prosperous submarkets, the property is supported by an affluent customer base with average household incomes of $138,195 within a 2-mile radius.
- New Class A Renovation: Renovated in 2023, the site features modern, high-quality construction designed to Class A standards with efficient layouts, contemporary architectural detailing, and durable materials—reducing long-term maintenance needs and providing a professional, institutional-grade appearance.
- High-Visibility Along Major Arterial: Located just a half mile from Highway 31, a key north–south thoroughfare spanning from Mobile, Alabama to Mackinaw City, Michigan. The corridor carries over 38,000 vehicles per day, providing exceptional regional connectivity and exposure for the property.
Ownership Type:
Fee Simple
Landlord Responsibilities:
Roof and Structure
Lease Expiration Date::
Approx. 3.6 Years years
Renewal Options:
2, 5 Year Options
Building Sq. Ft.:
4,200 SF
Rent Increases:
2% Annually