Property profile

2860 Lakeshore Pkwy Birmingham, AL 35211

OFF-MARKET
Power centers
71,248 SF
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Property summary

AI-generated overview

This exceptional 71,248 square foot power center, situated on 1.5 acres in Birmingham, Alabama, presents a prime retail investment opportunity. Located at the southwest corner of Lakeshore Parkway and Shannon Wenonah Road, this property enjoys high visibility and accessibility, benefiting from its position along major commuter routes to and from I-65. The center is strategically positioned at the main entrance to the prestigious RTJ at Oxmoor Valley Golf Course and the four-star Renaissance Birmingham Ross Bridge Golf Resort & Spa, serving as a gateway to the exclusive Ross Bridge residential community. Currently, there are two available spaces, offering flexible sizes ranging from a minimum of 1,400 square feet to a maximum contiguous space of 22,400 square feet. A total of 8,400 square feet is currently vacant. The property's location within Jefferson County, at 2860 Lakeshore Parkway, Birmingham, AL 35211, ensures strong exposure to a substantial customer base. This multi-tenant retail center offers a unique blend of high-traffic location and proximity to upscale residential and recreational amenities, making it an ideal investment for discerning businesses seeking a prominent presence in a thriving market. The property's size and flexibility cater to a wide range of retail concepts, providing ample space for expansion or consolidation.

Property profile

Verified
Property type Power centers
Total area 71,248 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Atm
  • Specialty Food Shop Supermarket

Location

2860 Lakeshore Pkwy Birmingham, AL 35211
Birmingham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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