1151 BANKHEAD HWY W

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1151 BANKHEAD HWY W

BIRMINGHAM, AL 35204
Asking Price
$150K
Cap Rate
14.06%
Asset Type
Bank Retail
Class
Class B

What's Special

ABSOLUTE $1 AUCTION | PNC Bank (Dark) | Lease Expires Nov ‘26 | 41K VPD | AUCTION AUGUST 3-5 <ul><li>​ABSOLUTE $1 AUCTION | PNC Bank (Dark) | Lease Expires Nov ‘26 | 41K VPD | AUCTION AUGUST 3-5</li><li>​<span style="color: rgba(74, 74, 74, 1)">PNC Bank has Vacated the Premise and Pays $4,100 Monthly Rent Through November 30, 2026</span></li><li>​<span style="color: rgba(74, 74, 74, 1)">41,155 VPD Traffic with Excellent Visibility on US-78 (Bankhead Hwy) | Immediate Access to I-20 (+112K VPD)</span></li><li>​<span style="color: rgba(74, 74, 74, 1)">Demand Drivers: Days Inn, BNSF Railway

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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