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INVESTMENT OPPORTUNITY

SAB Capital is pleased to present the Shops at Trussville, a three-unit strip center plus ATM in Birmingham Alabama. The subject is occupied by Chipotle, Mattress Firm, and Vitamin Shoppe with a Wells Fargo ATM also located on the site. The site was constructed in 2017 and all three tenants are leased until 2027. The subject is in a dense trade area, with over 1,400,000 square feet of existing retail space within one mile. It is strategically located on a highly visible parcel from Edwards Lake Road and Gadsden Highway, which sees over 37,000 vehicles per day.

  • The Shops at Trussville in Birmingham, AL | 3-Tenant + ATM fully occupied strip center

  • Located in a very populated area | Over 240,000 residents within 10 miles of the subject property

  • Nationally recognized tenants | Chipotle, Mattress Firm, and Vitamin Shoppe have locations across the nation

  • Added income from a drive-thru Wells Fargo ATM | Additional rent from very limited space needed

  • Very dense trade area | over 1.4M square feet of retail space within 1 mile of the subject

  • Strategically located with great visibility from Edwards Lake Road and Gadsden Highway | 37,000+ Vehicles Per Day (VPD)

  • Double Net Leases make for limited landlord responsibility | Only responsible for roof and structure

  • National retailers nearby the subject include: McDonald’s, Zaxby’s, Subway, Staples, Hooters, Panda Express, Waffle House, Lowe’s and Many More

     


Tenant Price Cap Rate Lease Type Square Feet Status
The Shops at Trussville $5,428,923 6.50% NN 9,000 Available

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