Special Purpose Facility

Vestavia Hills City Center

700 Montgomery Hwy Vestavia, Alabama United States 35216-1868
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1954
Building Area Gross
Occupancy 91.0 %

Asset Description

Vestavia Hills City Center is a generational investment opportunity in Vestavia Hills, AL, one of Birmingham's most affluent submarkets. The shopping center features an impressive tenant lineup that includes a Publix with nearly 20 years of operating history, the 2nd most visited AMC in Alabama, Planet Fitness, Pet Supermarket, Shoe Station, Dollar Tree, and a plethora of high performing restaurants and small shops.


The property is located in a densely populated residential area, with more than 225 $1,000,000 homes sold in the past 24 months. It is also surrounded by economic drivers that include Samford University (+/- 6,000 students / #2 ranked university in AL), the Birmingham-Shuttlesworth International Airport, Brookwood Baptist Health ($688M+ Ann. Economic Impact), Downtown Birmingham (+/- 4 miles away), Vestavia Country Club (#7 Ranked Course in AL - Golf Digest).


Please reach out to the deal team to learn more about this opportunity!

Investment Highlights

  • Highly Sought After Vestavia Hills, AL Submarket
  • Top Performing Publix Anchor
  • Highly Affluent Demographics
  • Significant Value Add Potential
  • National Tenant Lineup
  • Generational Real Estate
  • Disposition Optionality
  • Multi Anchored Drawing Power
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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