Retail

Shops at Promenade Fultondale

3345 Lowery Pkwy Fultondale, Alabama United States 35068-1695
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Documents

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Teaser
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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

Tenant Verizon Wireless
Tenant Great Clips
Building Area

Property Description

Jones Lang LaSalle Americas (JLL) is excited to exclusively present the Shops at Promenade Fultondale - a necessity-based retail center, located in Fultondale (Birmingham), Alabama, in one of the most frequently visited shopping centers in Alabama. The 7,930 SF offering is 100% occupied by three tenants - Verizon Wireless, Great Clips, and Therapy South. The Property benefits from Best-In-Class Shadow Anchors such as Target, Ross Dress for Less, BAM, JC Penney, Five Below and Ashley HomeStore, which have enormous drawing power that extends 40+ miles.

Investment Highlights

  • Necessity-Based, Internet-Proof Tenancy
  • 4.5 Years of Weighted-Average Lease Term Remaining
  • 8.5 Years of Weighted-Average Tenure
  • 100% National / Regional Tenancy
  • Compelling Cash Flow Growth
  • Outparcel to One of the Most Frequently Visited Shopping Centers in Alabama
Last Updated Date: 19 Jul 2021
Brad Buchanan
Brad Buchanan
Senior Director, Capital Markets
License details
AL-129056 GA-351151 SC-79504 TN-356874
+6531594021
Jim Hamilton
Jim Hamilton
Senior Managing Director, Capital Markets
License details
NC-LC337: AL-000097341: SC-75571: TN-320889 GA-270038
+6531594021
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Last Updated Date: 19 Jul 2021

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