Birmingham Retail NNN
For Lease
Contact for pricing
2313 Center Point Pkwy, Birmingham, AL
Corporate guaranteed NNN lease with excellent visibility in Birmingham.
Space Size13,905 SF
Lot Size2.05 Acres
Days on Market690
Property Features for 2313 Center Point Pkwy
General Information
Standard status
Active
Size
13,905 SF
Lot size
2.05 Acres
Property subtype
RETAIL
Spaces For Lease
at 2313 Center Point Pkwy
Center Point Plaza
AVAILABLE, Now
Floor
1
Size
13,905 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
Yes
-13,905 SF former Walgreens with drive-thru available
on Center Point Parkway.
-Freestanding building on main retail corridor in Center Point - part of
the Birmingham metropolitan area.
-All offers are subject to approval by Walgreens Real
Estate Committee
Contact us
Listing Agency:
SRS Real Estate Partners | Birmingham
(205) 259-2195
Listed By:
Cooper Smith
(205) 706-0404
Source:
Moodyscre
Added: Nov 28, 2024
Changed: Oct 6
Last Checked: Oct 19 at 8:24AM
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 SRS Real Estate Partners | Birmingham
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Investment Insights
Based on property information with market context.
This property, located on the hard corner of Center Point Parkway and 23rd Ave NE in Birmingham, offers excellent visibility with traffic counts of approximately 25,000 vehicles per day on Center Point Parkway and approximately 5,000 vehicles per day on 23rd Ave NE. The property has a corporate guarantee from Walgreens, ranked #27 on the Fortune 500 list as of January 2025, with approximately 4 years remaining on the lease and nearly $1.2M of remaining rent. The lease is an absolute NNN lease, offering zero landlord responsibilities. The roof of this property was replaced around 2014. The property is located near Firestone, Davita Kidney Care, Dollar Tree, Dollar General, Regions Bank, Auto Zone, Family Dollar, Taco Bell, Advance Auto Parts, Chick-fil-A, Walmart, USPS, Popeyes, and many national automotive dealerships. The Birmingham Hoover MSA has over 1,150,000 residents.
Key Highlights
- Corporate Guarantee: Lease guaranteed by Walgreens, ranked #27 on the Fortune 500.
- Absolute NNN Lease: Zero landlord responsibilities, offering a passive investment.
- Approximately 4 years remaining with nearly $1.2M of remaining rent.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Well-served
Demand for This Use
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Market
Vacancy Rate% for Retail in Birmingham, AL
Similar Off Market Nearby
- Walmart Pharmacy — 1916 Center Point Pkwy, Birmingham, AL 35215
- CVS Pharmacy — 2000 Center Point Pkwy, Center Point, AL 35215
- Walgreens Pharmacy — 2301 Center Point Pkwy, Center Point, AL 35215
- COVID-19 Drive-Thru Testing at Walgreens — 2301 Center Point Pkwy, Birmingham, AL 35215
- Joanna Nicholas — 2301 Center Point Pkwy, Birmingham, AL 352153618
Frequently Asked Questions
What type of property is this?
Drug store - Corporate guaranteed NNN lease with excellent visibility in Birmingham.
Where is this drug store located?
The property is located at 2313 Center Point Pkwy Birmingham, AL.
What is the lease rate?
The lease rate is $2,790,909.
What are key features of this property?
This property features: Corporate Guarantee: Lease guaranteed by Walgreens, ranked #27 on the Fortune 500.; Absolute NNN Lease: Zero landlord responsibilities, offering a passive investment.; Approximately 4 years remaining with nearly $1.2M of remaining rent.
