retail market overview 2014 presented by southpace broker, stutts everette

RETAIL

MARKET

OVERVIEW

2014Birmingham, Alabama

Presented by: Stutts Everette

Sale Price: $1,650,000

RENTSAvg Rent: $12.40

Avg Rent: $18.81

Avg Rent: $16.45

Avg Rent: $8.80

Avg Rent: $8.80

Avg Rent: $16.82Avg Rent: $10.67

Avg Rent: $13.05

Avg Rent: $15.36

Avg Rent: $13.82

EXPECTED TRENDS

Sale Price: $1,650,000

EXPECTED TRENDS

• Landlords pushing out Tenants for higher rents

• Small shop, in-fill developments becoming active

• Unanchored and Jr box developments

• Neighborhood Walmart

• Target and Walmart are slowing growth

SIGNATURE DEALS

Sale Price: $1,650,000

RIVERCHASE VILLAGE

WHOLE FOODSHoover, AL

Sale Price: $1,650,000

PUBLIX SUPER MARKET

BIRMINGHAM, AL

Downtown

Sale Price: $1,650,000

UPTOWN ENTERTAINMEMNT DISTRICT

BIRMINGHAM, ALDowntown

Sale Price: $1,650,000

INVERNESS CORNERS / PLAZA

HOOVER, AL

Highway 280

Sale Price: $1,650,000

TRUSSVILLE I & II

TRUSSVILLE, AL

Sale Price: $1,650,000

BROOKWOOD VILLAGE

HOMEWOOD, AL

SIGNATURE

OPENINGS

Sale Price: $1,650,000

PAPPADEAUX SEAFOOD KITCHEN

BIRMINGHAM, AL

Sale Price: $1,650,000

ALLSOUTH APPLIANCE

HOMEWOOD, AL

Lakeshore

Pkwy

65

Sale Price: $1,650,000

AT HOME

HOOVER, AL

The Grove

Sale Price: $1,650,000

SPROUTS FARMERS MARKET

HOOVER, AL

Brook Highland Plaza

Sale Price: $1,650,000

TJ MAXX

GARDENDALE, AL

Magnolia City Place

Sale Price: $1,650,000

DICKS SPORTING GOODS

Alabaster, AL

Target Shopping Center

Sale Price: $1,650,000

THE SUMMIT

BIRMINGHAM, AL

The Summit

Sale Price: $1,650,000

WHAT’S COMING

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Sale Price: $1,650,000

RETAILERS COMING

Sale Price: $1,650,000

RUMORED RETAILERS

Sale Price: $1,650,000

FOOD, BEVERAGE & ENTERTAINMENT

LOCAL RESTAURANTS

CINEMA DINING

HIGH END DRIVE-IN

RETAIL

MARKET

OVERVIEW

2014Birmingham, Alabama

Presented by: Stutts Everette