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Attributes
Tenant | Verizon Wireless |
Tenant | Great Clips |
Building Area Net |
|
Occupancy | 100.0 % |
Asset Description
Jones Lang LaSalle Americas (JLL) is excited to exclusively present the Shops at Promenade Fultondale - a necessity-based retail center, located in Fultondale (Birmingham), Alabama, in one of the most frequently visited shopping centers in Alabama. The 7,930 SF offering is 100% occupied by three tenants - Verizon Wireless, Great Clips, and Therapy South. The Property benefits from Best-In-Class Shadow Anchors such as Target, Ross Dress for Less, BAM, JC Penney, Five Below and Ashley HomeStore, which have enormous drawing power that extends 40+ miles.
Investment Highlights
- Necessity-Based, Internet-Proof Tenancy
- 4.5 Years of Weighted-Average Lease Term Remaining
- 8.5 Years of Weighted-Average Tenure
- 100% National / Regional Tenancy
- Compelling Cash Flow Growth
- Outparcel to One of the Most Frequently Visited Shopping Centers in Alabama
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