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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Meadowlark Dr Birmingham, AL 35242

16,100 SF 1.73 ac lot Built 2025
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 16,100-square-foot Caliber Collision center in Birmingham, Alabama. Built in 2025, this Class A storefront and auto shop sits on a 1.73-acre lot and boasts a 15.6-year absolute triple-net (NNN) lease with a corporate guarantee from Caliber Collision, the nation's largest collision repair provider. The lease features a 10% rent increase every five years, ensuring consistent income growth. The property generates a strong net operating income (NOI) of $400,340, resulting in a compelling 6.25% cap rate. Located in the rapidly growing U.S. Route 280 corridor, this property benefits from its proximity to major retailers such as Walmart, Lowe's, Home Depot, and numerous others, serving a densely populated and affluent area with an average household income exceeding $130,000 and over 78,000 residents within a five-mile radius. The property's location is further enhanced by its adjacency to significant new housing developments, contributing to the area's robust growth. This investment offers significant tax benefits through accelerated depreciation and cost segregation. The asking price is $6,405,440. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a thriving market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2025
Total area 16,100 SF
Lot 1.73 ac (75,359 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
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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