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495 Southland Dr
Vestavia, AL 35226 Hoover/Vestavia Hills

$3,809,096 USD

Department Store For Sale  •  17,936 SF

Property Details

• Property Type Department Store
• Total Building Size 17,936 SF
• Lot Size 1.79 AC
• Building Class B
• Year Built 2014
• Cap Rate 6.75 %
• Tenancy Single
• Zoning C2

30 Transit Score

40 Walk Score

Highlights

17,936 SF Northern Tool + Equipment Building on ±1.79 Acres (77,972 SF) at the NWQ of US Highway 31 & Southland Drive

Corporate Lease Directly with Northern Tool & Equipment Company, Inc

Average Household Income Exceeds $112,000 in a 1 Mile Radius and $119,000 in a 3 Mile Radius of the Property

Recently Extended via Third Amendment; New Base Term Runs August 1, 2026 Through July 31, 2031

Approximately 8% Rent Increase Built Into the Start of Each Renewal Option Period

Hoover, AL is the Largest Suburb of Birmingham with a Population of Approximately 93,000 and a Median Household Income of Approximately $109,000

Property Flyers

Northern_Tool_Hoover_AL_om

Cap Rate:

6.75 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Birmingham (Crescent - Amtrak)	13 min	-	9.4 mi
Airport	Drive	Walk	Distance
Birmingham-Shuttlesworth International	22 min	-	14.5 mi