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Triple-Net Walgreens Investment
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101 Bessemer Super Hwy, Birmingham, AL 35228

Fee-simple Walgreens prototype with an absolute triple-net lease and more than 17 years remaining on the base term.

Property Size13,500 SF
Days on Market145

Property Features for 101 Bessemer Super Hwy

General Information

Standard status Active
Size 13,500 SF
Property subtype Retail

Additional Details

Traffic Count 44,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: The Jonna Group at Colliers International
Listed By: Simon Jonna · License #MI 6501357188
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 12:49AM

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 The Jonna Group at Colliers International

Investment Insights

Based on property information with market context.

Marcus & Millichap presents a fee-simple Walgreens prototype investment totaling 13,500 square feet. The property is leased under an absolute triple-net arrangement with over 17 years remaining on the base term.

The site is positioned with two points of ingress and egress on a main retail corridor in Midfield, Alabama, located just two miles south of Fairfield. The property sits on a busy corner of Bessemer Super Highway and Aaron Aronov Drive (Wiebel Drive), with over 44,000 vehicles traveling per day on each of the respective roadways.

The Walgreens is situated within a dense residential area, with over 126,000 people reported within a 5-mile radius. Nearby retailers include Home Depot, Burlington Coat Factory, Hibbet Sports, Piggly Wiggly, Advance Auto Parts, Dollar Tree, CVS, McDonald’s, Burger King, Wendy’s, Domino’s Pizza, Krispy Kreme, and Regions Bank, along with additional local businesses.

Key Highlights

  • 13,500‑square‑foot Walgreens prototype offered as a fee simple investment.
  • Absolute triple‑net lease with over 17 years remaining on the base term.
  • Two points of ingress and egress on a main retail corridor in Midfield, Alabama.

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service Western Union Bank Walgreens (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Restaurant Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
158k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 30% Groceries 21% Apparel 8%
McDonald's Dining
26,048 visits/mo 0.1 miles
Piggly Wiggly Groceries
24,299 visits/mo 0.2 miles
Circle K Shops & Services
23,918 visits/mo 0.0 miles
Waffle House Dining
9,903 visits/mo 0.1 miles
Murphy USA Shops & Services
9,328 visits/mo 0.2 miles

Demographics for 35228, AL

9,525
Population
4,519
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
4.4 sq mi
ZIP Area
2,165
Density / Sq Mi
$50,147
Median Household Income
$36,124
Median Earnings
$1,080
Median Rent
$79,200
Median Home Value

Market

Vacancy Rate% for Retail in Birmingham, AL

8.1% 2019
7.3% 2020
6.4% 2021
5.9% 2022
5% 2023
6% 2024
6.1% 2025
Rey
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Similar Off Market Nearby

  • COVID-19 Drive-Thru Testing at Walgreens 101 Bessemer Super Hwy, Midfield, AL 35228
  • Walgreens Pharmacy 101 Bessemer Super Hwy, Midfield, AL 35228
  • Mills Pharmacy 30-A Phillips Dr, Midfield, AL 35228
  • CVS Pharmacy 604 Bessemer Super Hwy, Midfield, AL 35228

Frequently Asked Questions

What type of property is this?
Drug store - Fee-simple Walgreens prototype with an absolute triple-net lease and more than 17 years remaining on the base term.
Where is this drug store located?
The property is located at 101 Bessemer Super Hwy Birmingham, AL.
What are key features of this property?
This property features: 13,500‑square‑foot Walgreens prototype offered as a fee simple investment.; Absolute triple‑net lease with over 17 years remaining on the base term.; Two points of ingress and egress on a main retail corridor in Midfield, Alabama.
(248) 226-1611 Call to check price and availability
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