$1 Auction - REIT Sale | Former AutoZone 1121 Huffman Rd Local commercial 499 m² À vendre Birmingham, AL 35215 64 715 € (129,62 €/m²)

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 1121 Huffman Road in Birmingham, Alabama 35215 (the “Property”). Formerly occupied by AutoZone, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible and strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE!
The Property consists of an approximately ±5,374-square-foot, single-story free-standing retail building situated on ±0.41 acres with ample parking spaces. Previously leased to AutoZone on a triple-net (NNN) basis, the Property presents a value-add opportunity through lease-up at long-term market rents, with CoStar estimating retail rental rates in the range of $10-13/SF Retail. Zoned C-2, General Commercial District, the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike. Disclaimer: The Seller does not have a survey – building size, parcel size and outline obtained from City of Birmingham and CoStar.
Birmingham, Alabama is the economic center of north-central Alabama and the anchor of the Greater Birmingham metro (±1.18M people), offering developers scale, workforce depth, and diversified demand drivers. The market is a proven logistics node at the crossroads of I-20/59 and I-65, supporting industrial and distribution activity with access to major Southeast trade lanes. Birmingham’s employment base is led by healthcare/education and corporate services, including the University of Alabama at Birmingham (UAB), which reports 28,000+ employees across its university and hospital entities. The Property benefits from visibility and access on Hoffman Road with proximity near the signalized intersection of Parkway East (±33,471 VPD) and Springville Road (±16,998 VPD) within a dense and established commercial area. Retail activity is further supported by strong nearby national and local retailers including McDonald’s, Walmart, Chick-fil-A, CVS, Aldi, Family Dollar, Burger King, Dollar General, Dollar Tree, Harbor Freight, Wendy’s, Church’s, Sonic, American Deli, and more. The Property is positioned within a dense trade area, serving ±101,828 residents with an average household income of $63,125 within a 5-mile radius.