Vestavia Hills (Birmingham), AL 35243

Chick-fil-A Ground Lease

Property Address

3949 Crosshaven Drive, Vestavia Hills, AL, USA

Offering Summary

  • Price: $3,771,400
  • Lot Size: 1.69 Acres
  • Cap Rate: 3.50%
  • Year Built: 2021
  • Building SF: 4,971
  • Status: Available
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  • New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 141,427 Residents within a 5-Mile Radius - Birmingham MSA
  • Large 1.69-Acre Lot with Dual Lane Drive-Thru
  • Average Household Income Exceeds $175,000 within Three Miles of Subject Property
  • Surrounded by National Retailers - Winn-Dixie, Publix Super Market, Walgreens, Zaxby’s Chicken Fingers & Buffalo Wings, and More
  • Less Than 2 Miles Off the I-459 Freeway (107,500+ Cars/Day)
  • Down the Road from The Summit Birmingham - Upscale Outdoor Retail Complex with 90+ Stores and Restaurants
  • 15 Minutes Drive-Time from Downtown Birmingham and University of Alabama at Birmingham (22,560 Students)

Broker Information