Auto Collision Lease
For Sale
Contact for pricing
140 Resource Center Pkwy, Birmingham, AL 35242
Absolute NNN auto collision and glass corporate lease with a 15-year term and scheduled rent increases.
Property Size12,416 SF
Price / SF$372.74
Days on Market64
Property Features for 140 Resource Center Pkwy
General Information
Standard status
Active
Size
12,416 SF
Class
A
Total Parking Spaces
49
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$247,578
Building Details
Year Built
2007
Buildings
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Sacramento, California
Listed By:
Michael Yuras · License #CA 01823291
(916) 288-4800
Source:
Crexi
Added: Jul 3
Changed: Sep 3
Last Checked: Sep 3 at 8:22AM
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 Cushman & Wakefield - Sacramento, California
Investment Insights
Based on property information with market context.
Cushman & Wakefield presents an absolute NNN investment opportunity anchored by a new 15-year corporate lease with Gerber Collision & Glass. The lease structure is described as fully passive, with the tenant responsible for taxes, insurance, and maintenance, including roof, structure, and parking lot. The rent schedule includes 2% annual rental increases during the initial term, along with four five-year option periods.
The property is located at the intersection of Resource Center Parkway and U.S. Route 280 in Birmingham, Alabama, a highly trafficked corridor with over 90,000 vehicles per day per the provided remarks. The site is positioned near major traffic drivers and retail and institutional uses, including a Target-anchored retail center, Walmart Supercenter, and Grandview Medical Center.
Gerber Collision & Glass is part of the Boyd Group, Inc., and the provided information notes the company’s expanding footprint across North America.
The property is located at the intersection of Resource Center Parkway and U.S. Route 280 in Birmingham, Alabama, a highly trafficked corridor with over 90,000 vehicles per day per the provided remarks. The site is positioned near major traffic drivers and retail and institutional uses, including a Target-anchored retail center, Walmart Supercenter, and Grandview Medical Center.
Gerber Collision & Glass is part of the Boyd Group, Inc., and the provided information notes the company’s expanding footprint across North America.
Key Highlights
- 2007‑built absolute NNN auto collision and glass corporate lease property in Birmingham, AL
- 15‑year lease term with 2% annual rental increases throughout the initial term
- Tenant has 4 five‑year option periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Explore this area
Business Placement
Demographics for 35242, AL
57,008
Population
25,247
Households
2.3
Avg Household Size
42
Median Age
65%
College-Educated
97%
High-School Grad
52.4 sq mi
ZIP Area
1,088
Density / Sq Mi
$116,053
Median Household Income
$59,731
Median Earnings
$1,430
Median Rent
$452,300
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 - Absolute NNN auto collision and glass corporate lease with a 15-year term and scheduled rent increases.
Where is this nnn property located?
The property is located at 140 Resource Center Pkwy Birmingham, AL.
What is the asking price?
The asking price for this property is $4,628,000.
What are key features of this property?
This property features: 2007‑built absolute NNN auto collision and glass corporate lease property in Birmingham, AL; 15‑year lease term with 2% annual rental increases throughout the initial term; Tenant has 4 five‑year option periods
