4476 Montevallo Rd
Birmingham, AL 35213
Winn-Dixie
| Offering Summary | |||
|---|---|---|---|
| Price | $11,352,000 | Cap Rate | 5.50% |
| NOI | $624,360 | Rentable SF | 58,077 SF |
| Lot Size | 6.70 +/- Acres | Year Built | 1999 / 2012 |
| Lease Type | Absolute NNN | Lease Term | 9 Years |
Investment Highlights
- New 10-Year Absolute NNN Lease Extension Proves their Success
and Shows Winn-Dixie’s Long-Term Commitment to the Location - Winn-Dixie Has Occupied This Location Since 1999
- Zero Landlord Responsibilities – Long-Term Absolute NNN Lease
- Corporate Guarantee from Winn Dixie / ALDI (Pending Acquisition)
- Rent Increases to $674,358 in the First Option
- $5MM Renovation Completed by Winn-Dixie in 2012
- Dense Infill Trade Area w/ 127,000 Residents in 5-Miles
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]
Greg LaBarre
Vice President
(619) 997-1242
[email protected]