Absolute NNN
For Sale
Contact for pricing
1101 Forestdale Blvd, Birmingham, AL 35214
Single-tenant investment with a long-term absolute NNN lease and contractual annual rent increases.
Property SizeContact for details
Days on Market143
Property Features for 1101 Forestdale Blvd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Westwood Net Lease Advisors LLC
Listed By:
Chris Schellin · License #MO 2005017398
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 6:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westwood Net Lease Advisors LLC
Investment Insights
Based on property information with market context.
This single-tenant property is subject to an absolute NNN lease with 26 years remaining before expiration. The lease is guaranteed by Tacala, LLC, which operates 111 units, while the tenant’s parent organization manages more than 300 units. Contractual rent increases of 1.5% occur annually during both the base term and option periods.
The tenant was expected to scrape and rebuild the site at its own cost in 2023. The property is located at 1101 Forestdale Boulevard in Birmingham, Alabama, and is offered as part of a larger portfolio.
The tenant was expected to scrape and rebuild the site at its own cost in 2023. The property is located at 1101 Forestdale Boulevard in Birmingham, Alabama, and is offered as part of a larger portfolio.
Key Highlights
- Absolute NNN lease with 26 years remaining
- Lease guarantee from Tacala, LLC, operator of 111 units
- 1.5% annual rent increases during the base term and option periods
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 35214, AL
18,287
Population
8,048
Households
2.3
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
24.8 sq mi
ZIP Area
737
Density / Sq Mi
$55,478
Median Household Income
$34,146
Median Earnings
$987
Median Rent
$149,600
Median Home Value
Market
Vacancy Rate% for Retail in Birmingham, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant investment with a long-term absolute NNN lease and contractual annual rent increases.
Where is this nnn property located?
The property is located at 1101 Forestdale Blvd Birmingham, AL.
What are key features of this property?
This property features: Absolute NNN lease with 26 years remaining; Lease guarantee from Tacala, LLC, operator of 111 units; 1.5% annual rent increases during the base term and option periods
