Cahaba Market
Two End Cap Drive Thru's | 15-Year Leases to Anchor Tenants
Marketing description
Fully leased 6-tenant retail asset anchored by Dunkin' and corporate Five Guys, both on 15-year leases with drive-thru components. Constructed in 2021, the property sits at the signalized entrance to the 78-acre Tattersall Park development along U.S. 280 in Hoover—one of the top-performing retail corridors in Alabama. Surrounded by national retailers including Walmart, Publix, ALDI, and Target, the site features a strong tenant mix and a weighted average lease term of 8.9 years. Investors benefit from built-in rent growth, internet-resistant tenancy, and excellent demographics in the Birmingham MSA.
This property is listed in conjunction with Alabama-licensed real estate broker Thomas Newton.
Investment highlights
Fully-Leased Dunkin' and Five Guys Anchored Retail Shops Building
WALT Remaining of 8.9 Years
Highly Functional Footprint Featuring Drive-Thru for Both Dunkin' & Five Guys
Prominent Retail Location Nearby to Walmart Supercenter, ALDI, Trader Joe's & Target
Robust, Internet-Resistant Mix of Food & Service Tenants
U.S. 280 Corridor Includes Over 5.5 Million SF of Office Space and Over 1.2 Million SF of Retail
12 Miles from Downtown Birmingham
Recent 2021 Construction
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