We are pleased to market for sale the Walgreens property located at 1815 9th Avenue North in Bessemer, Alabama ("The Property"). Walgreens has operated at this location for over 24 years and has 5 years and 8 months remaining on its lease before the option periods.
The store ranks in the top 25% nationwide in foot traffic, according to Placer.AI, and is the best-performing national chain drugstore within a five-mile radius. Walgreens recently renewed its 5-year option without concessions, reinforcing its commitment to this location. This is the only Walgreens serving the Bessemer market and is the furthest southwest location along the I-20 corridor on the route from Birmingham to Tuscaloosa.
The Property is positioned near major employers, including US PIPE (500 employees), BLOX (1 million square feet, 600 employees), Dollar General Distribution Center ($100 million, 106 acres), and Piggly Wiggly Manufacturing Headquarters (450,000 square feet).
The Property is the closest Walgreens pharmacy to UAB Medical West, which opened in August 2024. The hospital spans 412,000 square feet over nine stories, with 200 beds, alongside a 127,000-square-foot, seven-story medical office building.
Listed in conjunction with Brian Brockman, Bang Realty-Alabama Inc, 513-898-1551, wg@bangrealty.com, AL DRE Lic. 119315.