Freestanding Grocery NNN
For Sale
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4476 Montevallo Rd, Birmingham, AL 35213
Freestanding Winn-Dixie with a corporately guaranteed Absolute NNN structure and tenant-responsible maintenance.
Days on Market112
Property Features for 4476 Montevallo Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Renovated
2012
Tenancy
Single
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 23 at 1:55PM
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 Wertz Real Estate Investment
Investment Insights
Based on property information with market context.
This freestanding Winn-Dixie has operated since 1999. The property underwent approximately $5,000,000 in renovations in 2012, and Winn-Dixie extended its lease in 2022 for an additional 10 years. The lease is corporately guaranteed, includes five (5-year) extension options with increases in each option period, and is structured as an Absolute NNN lease with the tenant responsible for all maintenance associated with the property.
The property is located on Montevallo Rd in a dense retail corridor surrounded by many homes. Downtown Birmingham is approximately 7 miles away, and Birmingham-Shuttlesworth International Airport is approximately 4.5 miles away. The area is described as one of the more affluent in Birmingham, with an average household income of $110,400 in a 1-mile radius.
Nearby retailers include Walmart, Ross, Chick-Fil-A, Starbucks, CVS, Walgreens, McDonald’s, Taco Bell, Advance Auto Parts, Pep Boys, Firestone Auto Care, Regions Bank, Wells Fargo Bank, Ace Hardware, Chevron, Goodwill, Planet Fitness, Papa John’s, Subway, and Publix Super Market, among others.
The property is located on Montevallo Rd in a dense retail corridor surrounded by many homes. Downtown Birmingham is approximately 7 miles away, and Birmingham-Shuttlesworth International Airport is approximately 4.5 miles away. The area is described as one of the more affluent in Birmingham, with an average household income of $110,400 in a 1-mile radius.
Nearby retailers include Walmart, Ross, Chick-Fil-A, Starbucks, CVS, Walgreens, McDonald’s, Taco Bell, Advance Auto Parts, Pep Boys, Firestone Auto Care, Regions Bank, Wells Fargo Bank, Ace Hardware, Chevron, Goodwill, Planet Fitness, Papa John’s, Subway, and Publix Super Market, among others.
Key Highlights
- Freestanding Winn‑Dixie operating history since 1999
- Approx. $5,000,000 in renovations completed in 2012
- Lease extended in 2022 for an additional 10 years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35213, AL
14,964
Population
6,841
Households
2.2
Avg Household Size
35
Median Age
89%
College-Educated
99%
High-School Grad
6.3 sq mi
ZIP Area
2,375
Density / Sq Mi
$161,902
Median Household Income
$77,635
Median Earnings
$1,749
Median Rent
$753,400
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?
Grocery and convenience store - Freestanding Winn-Dixie with a corporately guaranteed Absolute NNN structure and tenant-responsible maintenance.
Where is this grocery and convenience store located?
The property is located at 4476 Montevallo Rd Birmingham, AL.
What are key features of this property?
This property features: Freestanding Winn‑Dixie operating history since 1999; Approx. $5,000,000 in renovations completed in 2012; Lease extended in 2022 for an additional 10 years
