Birmingham, AL – Cleeman Realty Group is pleased to announce the successful sale of a net-leased Winn-Dixie property located at 4470 Montevallo Rd. in Birmingham, Alabama. The property spans 51,282 square feet on approximately 6.7 acres, offering a prime investment opportunity in a thriving retail market.
Michael Cleeman of Cleeman Realty Group represented both the buyer and the seller in this transaction. The seller sought to capitalize on the strong demand for net-leased supermarket properties, while the buyer was drawn to the long-term lease and the recent acquisition of the Winn-Dixie chain by Aldi earlier this year.
“This transaction highlights the continued investor appetite for stable, net-leased grocery properties,” said Michael Cleeman, Principal at Cleeman Realty Group. “The combination of a long-term lease and the strength of the Aldi-backed Winn-Dixie brand made this property a highly attractive acquisition.”
Notably, this marks the 15th Winn-Dixie property that Cleeman Realty Group has successfully sold in recent years, further solidifying the firm’s expertise and leadership in the supermarket real estate sector.
For more information about Cleeman Realty Group and its services, please visit www.cleeman.com