NAI Chase Commercial Real Estate Represents $835,000 Sale of 6,300 sq. ft. Retail and Office Center at 5502 Caldwell Mill Road, Birmingham, Alabama

PRESS RELEASE-

October 19, 2022

NAI Chase Commercial Real Estate Represents $835,000 Sale of 6,300 sq. ft. Retail and Office Center at 5502 Caldwell Mill Road, Birmingham, Alabama

Birmingham, Alabama – October 19, 2022 – NAI Chase Commercial Real Estate, a member of the world’s premier managed network of commercial real estate firms, announced today that it represented the Seller in the sale of The Indian Springs Shopping Center located in Indian Springs, Alabama to SWNC Indian Springs, LLC.   Glenn Ponder and Terry Ponder represented the seller and Shannon Waltchack represented the buyer.

“This property is the quintessential Neighborhood Convenience Center” said Glenn Ponder, Director of Sales, Leasing, and Development for the Birmingham office of NAI Chase Commercial.  “With over 35,000 households in a 5-mile radius and zero competition within a 4-mile radius, every business in this center has an opportunity to flourish with a captive market.”

The 6,300 Sq. Ft shopping center is anchored by a gas station/C-store with three other inline businesses.

ABOUT NAI CHASE COMMERCIAL

NAI Chase Commercial is recognized as one of the top full service commercial real estate companies in Alabama, with offices in both Birmingham and Huntsville, Alabama. In addition, NAI Chase Commercial is an Accredited Management Organization® (AMO®), a designation granted by the Institute of Real Estate Management in recognition of quality standards and best practices in property management and leasing services. The firm has been operating in Alabama and the Tennessee Valley since its founding in 1985. NAI Chase Commercial and its principals have over 60 years of combined real estate experience and is a leading full-service real estate organization with the ability to handle all facets of real estate transactions. Services include Office, Industrial and Retail Leasing and Sales, Commercial Development, Property Management, Asset Management, Facilities Management, Investment Brokerage and Construction/Renovation.

For more information on NAI Chase Commercial, please visit www.chasecommercial

ABOUT NAI GLOBAL

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.