9825 Parkway, Birmingham, AL 35215 | MLS 736782 | Listing Information
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9825 Parkway, Birmingham, AL 35215

$395,000
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MLS# 736782
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Last Updated: 12/7/2016 9:53 AM
Description for 9825 Parkway Birmingham, AL 35215
Great investment opportunity. Property is under a triple-net land lease, with monthly payments of $2,750.00. Lease has been renewed till 12/31/2018. At expiration of lease there is an automatic 5 year extension at a mutually agreed upon lease rate. The current tenant is a credit union and has previously renewed lease at the past three anniversary dates. The property has great visibility and fronts the high traffic count of Parkway East. Site has two entrance/exits onto the parkway.
Price
$395,000
Jefferson
736782
Active
Description
Great investment opportunity. Property is under a triple-net land lease, with monthly payments of $2,750.00. Lease has been renewed till 12/31/2018. At expiration of lease there is an automatic 5 year extension at a mutually agreed upon lease rate. The current tenant is a credit union and has previously renewed lease at the past three anniversary dates. The property has great visibility and fronts the high traffic count of Parkway East. Site has two entrance/exits onto the parkway.
Listing Information
Property Type: Retail, Other
0.38 Acres 1986
Neighborhood
Room Information
Exterior / Lot Features
None
commercial
Driving Directions
From I-59 North, take exit 134 (Roebuck Pkwy). Head north on pkwy. Building is past Huffman Baptist Church on the right. If you reach Old Springville Rd youve passed property.
Financial Considerations
$5,408

Birmingham Real Estate

Birmingham is located in Alabama. Birmingham, Alabama 35215 has a population of 213,180.

The median household income in Birmingham, Alabama 35215 is $31,467. The median household income for the surrounding county is $45,415 compared to the national median of $53,046. The median age of people living in Birmingham 35215 is 35.5 years.

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Courtesy: Keller Williams Realty Trussvi
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but is not guaranteed.

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