Eastwood Village

Eastwood Village

1632 Montclair Road
Birmingham, AL

Price: $16,585,000
Cap: 7.50%
NOI: $1,243,874
Building Size: 130,056 SF
Lot Size: 13.28 AC

Investment Highlights

EASTWOOD VILLAGE
• The subject property is a 130,056 square foot retail offering in dense and affluent submarket of Birmingham, AL
• Shadow Anchored by a high performing Walmart
• Eastwood Village is stabilized at 96% occupancy and includes national tenants such as Ross, Five Below, Office Depot, Tuesday Morning, Party City, and more
• Positioned just off Interstate 20

#1 RETAIL CENTER IN MARKET
• With 3.4M annual visits, Eastwood Shopping Center is the #1 community shopping center in the market
• Many of the tenants rank within the top percentile within their respective chains and are top performers
• Eastwood Village benefits from being shadow anchored by a high performing Walmart Supercenter and an array of outparcels that include tenants such as Chick-Fil-A, Starbucks, Wells Fargo, Walgreens, Regions Bank, Pep Boys, PC Bank, Waffle House, and more
• This center draws from a 15 mile trade area that encompasses the greater Birmingham MSA

HIGH TRAFFIC INTERSTATE LOCATION | RETAIL CORRIDOR
• Eastwood Village is positioned just of the intersection of I-20 & Crestwood Blvd (SR-78), which see a combined 78,000+ vehicles per day
• Eastwood Village is the central hub of a dense retail corridor that encompasses 2.3M SF of retail (Surrounding 1-Mile) serving the Mountain Brook, Irondale, Crestwood, Eastwood, Oak Ridge, and Cr estline neighborhoods of Birmingham
• This is a dense population center of Birmingham, with a population 52,9354 and 21,925 households within 3 miles of the center

 

www.EastwoodVillageBirmingham.com

Zach Taylor
Eric Abbott

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