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Birmingham, AL - Birmingham Luxury Motors

$8,571,000

190 Vulcan Rd, Birmingham, AL 35209

Active
Last Updated: 12/17/2025

7

Cap Rate

600,000

NOI

Details:
Cap Rate:    7%
NOI:    $600,000
Building Size:    80,125 sqft
Description:

• The tenant will sign a 15-year lease at close of escrow, with 4 (5-Year) options
• The lease features 2% annual rental increases throughout the initial term and option periods, growing NOI and hedging against inflation

• The property is located directly across from Green Springs Shopping Center, featuring over 180,000 square feet of retail space and major tenants including Floor & Decor, Harbor Freight, Dollar Tree, and more
• The asset is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart, Sam’s Club, Hobby Lobby, Whole Foods, Aldi,
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

Map:
Location
Gallery