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    4889 Promenade Pkwy Bessemer, AL 35022

    For Lease
    Contact for pricing

    Bessemer, AL Shopping Center Opportunity

    Lot size:
    310,872 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, Tannehill Promenade, located at 4889 Promenade Pkwy in Bessemer, Alabama (zip code 35022), offers multiple spaces for lease within a substantial 310,872 square foot shopping center. The property is situated in Jefferson County and presents a unique opportunity for businesses seeking flexible space options. Available spaces range from a minimum of 1,440 square feet to a maximum contiguous space of 57,455 square feet, catering to a variety of tenant needs and business sizes. The property's classification includes both general retail space and a second-generation dental office, suggesting adaptable layouts and existing infrastructure. The address is conveniently located at 4889 Promenade Pkwy, offering excellent visibility and accessibility for customers. This prime location in Bessemer, Alabama provides a strong foundation for business growth and success. The property's size and flexibility make it ideal for a range of retail businesses, from smaller boutiques to larger retail operations. Interested parties are encouraged to inquire about available space and lease terms. The property is categorized as a shopping center, indicating ample parking and potential for synergistic tenant relationships. The latitude and longitude coordinates are 33.3345501 and -86.9897779 respectively.

    Property Features for 4889 Promenade Pkwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    310,872 SF

    Unit(s) available at that property

    Space
    Suite 318A
    Size
    1,440 SF
    Space
    Suite 318B
    Size
    2,000 SF

    HighLights

    • Tannehill Promenade is a 310,872 SF shopping center anchored by a 45,600 SF Publix.
    • The center is located in a densely populated retail corridor, approximately 20 miles southwest of downtown Birmingham.
    • Excellent visibility from I‑459 and Eastern Valley Rd, boasting over 86,000 vehicles per day (VPD).
    • Strong demographics: over 72,000 residents with average household income exceeding $93,000 within a 7‑mile radius.
    • High‑quality national tenants include Burlington, Ross, Michaels, PetSmart, TJ Maxx, Five Below, and America's Best.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy Lori Patton, PharmD Pharmacy Susan Hays, PharmD Pharmacy CDReload at CVS Crypto Atm CDReload Instant Bitcoin Crypto Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9897779
    Latitude
    33.3345501

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    FAQs

    What type of property is this?
    Lifestyle center - Bessemer, AL Shopping Center Opportunity
    Where is this lifestyle center located?
    The property is located at 4889 Promenade Pkwy Bessemer, AL.
    What are key features of this property?
    This property features: Tannehill Promenade is a 310,872 SF shopping center anchored by a 45,600 SF Publix.; The center is located in a densely populated retail corridor, approximately 20 miles southwest of downtown Birmingham.; Excellent visibility from I-459 and Eastern Valley Rd, boasting over 86,000 vehicles per day (VPD).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4889 Promenade Pkwy Bessemer, AL 35022
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