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Property profile & analytics
OFF-MARKET
Power centers

5084 Pinnacle Sq Birmingham, AL 35235

249,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 249,000 square foot power center, located at 5084 Pinnacle Sq in Birmingham, Alabama (zip code 35235), presents a compelling investment opportunity. Situated in Jefferson County, this first-class retail center enjoys a dominant position within a major retail corridor, drawing customers from a 15+ mile radius. Its strategic location offers immediate access to I-59 and I-459, key regional transportation arteries. The property boasts a strong tenant base, with 91% of the gross leasable area occupied by national and regional brands. Recent improvements, driven by new ownership, are transforming the center into a family-friendly destination, featuring enhanced amenities such as improved lighting, greenspace for events, and entertainment options. This revitalization is already yielding positive results, with tenant sales experiencing a 21.39% growth from 2019 to 2021, and annual visitor counts reaching 24 million within a 5-mile radius. The center benefits from its proximity to a top-tier shopping center (6th most visited in Alabama, with 5.6 million annual visitors), and the recent Valley Road Extension further enhances accessibility by diverting US Highway 11 traffic directly in front of the property. Attractive lease terms and tenant allowances are available, creating an ideal environment for local businesses to flourish alongside established anchor tenants. The property's impressive 8.4 million square feet of retail within a 5-mile trade area underscores its significant market potential.

Property profile
Verified
Property type Power centers
Total area 249,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tutwiler Farm Shopping Center & Mall
  • Casa Fiesta Méxican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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