Crestwood Festival Center Retail
For Sale
Contact for pricing
7001 Crestwood Blvd., Birmingham, AL 35210
Retail center with spaces available, convenient location, high traffic.
Property Size299,709 SF
Price / SF$0.00
Days on Market201
Property Features for 7001 Crestwood Blvd.
General Information
Standard status
Active
Size
299,709 SF
Property subtype
Retail
Lease Term
NNN
Site & Location
Neighborhood
Crestwood South
Building Details
Building Size
299,709 SF
Year Built
1989
Properties For Sale
at 7001 Crestwood Blvd. Contact usSuite 1004
Size
1,400 SF
Type
Strip Center
Term
Negotiable
Suite 116
Size
2,003 SF
Type
Neighborhood Center
Term
Negotiable
Suite 120
Size
1,600 SF
Type
Neighborhood Center
Term
Negotiable
Suite 1202
Size
750 SF
Type
Strip Center
Term
Negotiable
Suite 410
Size
1,640 SF
Type
Neighborhood Center
Term
Negotiable
Suite 416
Size
3,300 SF
Type
Neighborhood Center
Term
Negotiable
Suite 418
Size
3,353 SF
Type
Strip Center
Term
Negotiable
Suite 602
Size
1,800 SF
Type
Strip Center
Term
Negotiable
Suite 610
Size
1,629 SF
Type
Strip Center
Term
Negotiable
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Listing Agency:
NAI Chase Commercial RE Services, Inc. - Birmingham
Listed By:
Vanessa Morris · License #793240
(205) 447-1728
Source:
Chasecommercial
Added: Apr 8
Changed: Oct 23
Last Checked: Oct 24 at 4:04PM
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 NAI Chase Commercial RE Services, Inc. - Birmingham
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Crestwood Festival Center is a retail center with approximately 299,709 square feet. It provides full access to Crestwood Boulevard and is conveniently located near I-59/20. Major tenants include Home Depot, Burlington Coat Factory, Dollar Tree, Bargain Hunt, Food Smart, Fun City Adventure Park, Crestwood Pickers, and Armor Gym. Under new management, the center offers suite sizes ranging from 750 to 4,450 square feet. The location benefits from a traffic count of over 23,870 vehicles per day on Crestwood Boulevard.
Key Highlights
- High‑traffic location with 23,870+ vehicles per day on Crestwood Blvd.
- Full access to Crestwood Blvd. and convenient access to I‑59/20.
- Anchored by major tenants including Home Depot and Burlington Coat Factory.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,929,176
Suggested Prices Based on Cap Rates
Cap Rate 5%
$58,583,520
$58.6M
Cap Rate 7%
$41,845,371
$41.8M
Cap Rate 9%
$32,546,400
$32.5M
Market Conditions
NOI Build-Up for 299,709 SF
Gross rent
$4.68M $15.60/SF
− Vacancy
−$490.9K −$1.64/SF
EGI
$4.18M $13.96/SF
− OpEx
−$1.26M −$4.19/SF
NOI
$2.93M $9.77/SF
Area
Birmingham, AL
Vacancy
10.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$58,583,520
Cap Rate 7%
$41,845,371
Cap Rate 9%
$32,546,400
Alternative Uses
Best Use
Retail
$41.85M
$36.61M – $48.82M
NOI $2,929,176 @ 7.0% cap · market cap 24,409,800.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$70.35M
$61.55M – $82.07M
NOI $4,924,339 @ 7.0% cap · market cap 41,036,158.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35210, AL
14,344
Population
7,204
Households
2
Avg Household Size
43
Median Age
46%
College-Educated
95%
High-School Grad
24.9 sq mi
ZIP Area
576
Density / Sq Mi
$72,632
Median Household Income
$48,194
Median Earnings
$1,164
Median Rent
$247,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Birmingham, AL
Similar Off Market Nearby
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- Crestwood Festival Center — 7001 Crestwood Blvd, Irondale, AL 35210
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- Village East Shopping Center — 5340 Oporto Madrid Blvd, Birmingham, AL 35213
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with spaces available, convenient location, high traffic.
Where is this shopping center located?
The property is located at 7001 Crestwood Blvd. Birmingham, AL.
What are key features of this property?
This property features: High‑traffic location with **23,870+ vehicles per day** on Crestwood Blvd.; Full access to Crestwood Blvd. and convenient access to I‑59/20.; Anchored by major tenants including **Home Depot and Burlington Coat Factory**.
