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5006-5084 Pinnacle Sq
Birmingham, AL 35235

Pinnacle · Retail Property For Sale

Investment Highlights

  • Excellent location advantage on the dominant retail corridor in the highly sought-after Birmingham metro region, a top 50 metro in the US.
  • Offered at a significant discount to replacement cost with a diversified, synergistic tenancy mix.
  • Shadowed by Colonial Promenade Tutwiler Farm, the sixth most visited shopping center in the state with annual visits exceeding 5.6 million.
  • Currently 75%-occupied, providing an immediate value-creation opportunity via lease-up of the remaining space.
  • Anchored by At Home and Best Buy and shadow-anchored by Belk and JCPenney, providing multi-anchor drawing power.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
248,988 SF
Building Class
C
Year Built
2006
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
11 Exterior
Building FAR
0.13
Land Acres
44.17 AC
Zoning
C2 - General Business District
Parking
1,653 Spaces (6.64 Spaces per 1,000 SF Leased)
Frontage
2,862 FT on I-59

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-00-28-4-000-001.001
  • 12-00-27-3-000-003.009
  • 12-00-28-4-000-001.010
  • 12-00-33-1-000-001.001
Land Assessment
$106,360
Improvements Assessment
$0
Total Assessment
$6,930,780
  • Listing ID: 22197782

  • Date on Market: 2/9/2021

  • Last Updated:

  • Address: 5006-5084 Pinnacle Sq, Birmingham, AL 35235

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