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McAlister's Deli & My Eyelab Retail Space
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169 State Farm Pkwy, Birmingham, AL 35209

New-construction, two-tenant property with 100% occupancy and leases extending 10+ years.

Property SizeContact for details
Days on Market141

Property Features for 169 State Farm Pkwy

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:02AM

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 Fisher James Capital

Investment Insights

Based on property information with market context.

This new-construction retail building contains two tenant spaces occupied by McAlister's Deli and My Eyelab. The property is 100% leased under long-term agreements extending 10+ years, with scheduled rental escalations. It functions as an outparcel within Homewood Commons, a 168K SF retail center.

The site is positioned across from Wildwood Centre, a 225,000+ SF retail center, and a Walmart Supercenter-anchored shopping center, with Brookwood Village to the southwest. Access and exposure are supported by proximity to the junction of I-65 and Lakeshore Parkway, carrying reported traffic volumes of 132,104 AADT and 57,754 AADT, respectively. Samford University and the University of Alabama at Birmingham are also nearby, with a combined 32,000+ students, faculty, and staff.

Key Highlights

  • 100% leased to McAlister's Deli and My Eyelab
  • Two‑tenant, new‑construction retail building
  • Long‑term leases extending 10+ years

Property Analytics

Current Use

McAlister's Deli Take-out & Catering T.C.S.C.M. Restaurant Restaurant Rush My Passport Travel Agency

Suggested Use

Top Pick Dental Office Law Firm Kitchen & Bath Showroom Skin Care Clinic Garden Center Storage Facility

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby

Demographics for 35209, AL

27,827
Population
15,141
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
93%
High-School Grad
9.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$72,383
Median Household Income
$45,513
Median Earnings
$1,246
Median Rent
$465,600
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
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Frequently Asked Questions

What type of property is this?
Retail space - New-construction, two-tenant property with 100% occupancy and leases extending 10+ years.
Where is this retail space located?
The property is located at 169 State Farm Pkwy Birmingham, AL.
What are key features of this property?
This property features: 100% leased to McAlister's Deli and My Eyelab; Two‑tenant, new‑construction retail building; Long‑term leases extending 10+ years
(510) 289-1166 Call to check price and availability
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