Viewed by 120 Investors
500 Inverness Corners
Birmingham, AL 35242
Inverness Corners is anchored by a 54,000 square-foot Winn Dixie grocery store as well as a 92,641 square-foot Kohls. Winn Dixie has been a tenant since 2013, has lease term through November 2033 and maintains six renewal options that will allow them to remain at the site until 2063. Winn Dixie has updated facades and is planning to invest over $1 million dollars into a major interior renovation of their store which will include more grocery pickup capabilities as well as coolers. In 2020, the grocer generated sales of $13.37 million dollars, which represents nearly a 12% increase in year-over-year sales. Winn Dixie is a subsidiary of Southeastern Grocers, who owns and operates over 520 locations across 3 banners. Southeastern Grocers had over $10.5 Billion Dollars in Revenue in 2020.
Inverness Corners features a high-quality tenant roster including Kohls, Orange Theory, Mellow Mushroom, Tropical Café, Wing Stop, H&R Block and Enterprise. The remaining 17,227 SF of vacant space in the center provides FNRP with the opportunity to increase foot traffic, enhance cash flow and create meaningful upside.
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Viewed by 121 Investors
500 Inverness Corners
Birmingham, AL 35242
500 Inverness Corners
Birmingham, AL 35242
“…In my experience in working with FNRP, I have seen a genuine desire to build trust and forge partnerships with all stakeholders through their transparency and integrity…”
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500 Inverness Corners
Birmingham, AL 35242
“…In my experience in working with FNRP, I have seen a genuine desire to build trust and forge partnerships with all stakeholders through their transparency and integrity…”
Investor
Welcome Investors
Select the best option to get started.
Allocation Request Form
"*" indicates required fields
Allocation Request Form
"*" indicates required fields
Allocation Request Form
"*" indicates required fields