Eastlake Building Assemblage
5 Adjacent Building Assemblage | 8.00% CAP | 24,291 SqFt
Marketing description
Rare Eastlake Commercial Center Assemblage – 5 Leased Retail Buildings
This is a one-of-a-kind opportunity to own a significant footprint in Birmingham’s historic Eastlake commercial district. This portfolio consists of five fully leased retail buildings, offering immediate income and long-term redevelopment potential.
HIGHLIGHTS - Prime Corner Location: High-traffic intersection with excellent visibility and access; Stabilized Income: All buildings currently leased, providing consistent cash flow; Historic Character: Classic storefront architecture within Eastlake’s commercial core; Future Potential: Rare large-scale assemblage ideal for redevelopment, adaptive reuse, or long-term hold strategy.
Positioned in one of Birmingham’s most storied neighborhoods, the property benefits from strong community support, nearby residential density, and a mix of thriving local businesses. Easy connectivity to I-20/59 and downtown Birmingham enhances tenant draw and long-term value.
Investment highlights
Prime Corner Location – High-traffic intersection with excellent visibility and accessibility
Stabilized Income – Fully leased portfolio delivering immediate, consistent cash flow
Historic Character – Classic storefront architecture within the heart of Eastlake’s commercial district
Rare Assemblage – Five contiguous retail buildings, providing scale and strategic control
Future Redevelopment Potential – Ideal for adaptive reuse, repositioning, or long-term hold strategy
Community-Oriented Setting – Surrounded by strong residential density and established local businesses
Convenient Access – Close proximity to I-20/59 and downtown Birmingham, enhancing tenant appeal and long-term value
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