Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2020
Building Area
Land Area ()

Property description

Jones Lang LaSalle (JLL) is pleased to exclusively present Marketplace at The Bray: a Publix-anchored Retail Neighborhood Center located in the Mountain Brook / Vestavia Hills Submarkets - Alabama's most affluent submarkets. Marketplace at The Bray is a 2020 construction that is 98% leased to a diversified tenancy that was specifically designed to cater to the neighborhood's everyday needs. The Property boasts a secure income stream as characterized by the weighted average lease term remaining exceeding 16 years across the property, including Publix, who has significant term remaining. The Property is located directly adjacent to The Bray at Liberty Park, a new 700-acre, $850 million master planned community that is in the early stages, which positions Marketplace at The Bray for significant growth as the development begins to formalize. 

Investment highlights

  • Grocery-anchored - Publix has significant term remaining
  • Top Tier Submarkets: Marketplace at The Bray is located within the Mountain Brook / Vestavia Hills submarkets - Alabama's most affluent submarkets and some of the wealthiest cities in the United States.
  • Phenomenal Demographics
  • Located directly adjacent to The Bray at Liberty Park, a new 700-acre, $850 million master planned community that is in the early stages
  • Secure Income Stream: 16+ Yrs of Weighted Average Term Remaining across the entire property
  • Strong Property Fundamentals
Last Updated Date: 02 Sep 2021
Jim Hamilton
Jim Hamilton
Senior Managing Director, Capital Markets
Broker Licenses
NC-LC337: AL-000097341: SC-75571: TN-320889 GA-270038
Brad Buchanan
Brad Buchanan
Senior Director, Capital Markets
Broker Licenses
AL-129056 GA-351151 SC-79504 TN-356874

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Last Updated Date: 02 Sep 2021

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