Auto Collision Lease
140 Resource Center Pkwy Birmingham, AL 35242
140 Resource Center Pkwy, Birmingham, AL, 35242
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For Sale
Contact for pricing
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 Market23
Property Features for 140 Resource Center Pkwy
General Information
- Standard status
- Active
- Size
- 12,416 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agency
Cushman & Wakefield - Sacramento, California
Listed by
Michael Yuras · License #CA 01823291
Source
Crexi
Added: Jun 29 Updated: Jul 21 at 2:37PM Checked: Jul 21 at 2:37PM
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
Location Intelligence
Current Use by Public Records
Gerber Collision & Glass
Auto Repair Shop
Carpet & Flooring USA ...
Big Box & Wholesale Store
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FAQs
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