Listed by Sands Investment Group
$3,050,000
Hueytown Plaza - Bessemer, AL
Details
APN 30-30-1-005-019.000-RR-01
Property Type Retail
Sub Type Grocery Store, Shopping Center
Square Footage 43,650
Cap Rate 7.56%
NOI $230,581
Occupancy 100%
Tenancy Multi
Brand/Tenant Regions Bank, Food Giant
Lease Type Gross
Remaining Term 1
Lease Options No
Price per SqFt $70
Year Built 1974
Buildings 3
Stories 1
Acreage 4.880
Zoning B2
Parking Spaces 300 spaces
Parking Per SqFt 6.87
Investment Type Net Lease
Tenant Credit Credit Rated
Grocery-Anchored, 100% Occupied Retail Plaza | High Traffic Commercial Corridor - Birmingham MSA
Marketing description
Hueytown Plaza consists of 3 standalone buildings totaling 43,650 SF on a 4.8-acre lot, built in 1965 and well-maintained. The center is 100% occupied by 9 tenants, generating $230,581 in annual NOI, with ample parking, excellent visibility, and on-site signage. Located along a high-traffic corridor in Bessemer/Hueytown, the property benefits from a stable retail trade area and strong tenant exposure, making it a stable, income-producing investment with long-term upside.
Investment highlights
- Hueytown Plaza is situated in Bessemer, Alabama, along a high-traffic commercial corridor serving Hueytown and surrounding communities in Jefferson County.
- The property benefits from excellent visibility and accessibility from major roadways, including Interstate 59/20 and AL-150, connecting the site to Bessemer, Hueytown, and the greater Birmingham metropolitan area.
- The property is currently anchored by a strong mix of accredited and nationally recognized tenants, including Regions Bank and Food Giant.
- The location provides strong regional demand, consistent traffic flow, and convenient access to local amenities, making it an attractive site for retail tenants and investors.
- This investment opportunity consists of 3 standalone buildings totaling 43,650 SF on a 4.8-acre lot with B2 zoning and approximately 300 parking spaces. The property was built in 1965 and is well-maintained.
- The property offers ample parking, excellent visibility, and on-site signage, providing strong tenant exposure along a high-traffic corridor in Bessemer/Hueytown, part of the greater Birmingham metropolitan area.
- Grocery-anchored strip center featuring national tenant Food Giant. The property benefits from under-market rents, no remaining option periods, and no scheduled rent escalations, creating clear upside through future rent growth.
- 20,000 SqFt Out parcel space available next to the Food Giant building
Listing Contacts
Listed by Sands Investment Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$230,581.00
$19,215.08/mo
Valuation Metrics
0
DSCR
7.56%
Cap Rate
7.56%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Name
License
Is there information that looks off?
