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Spark by Hilton Birmingham Colonnade

4300 Colonnade Pkwy, Birmingham, AL 35243
$12,000,000
Spark by Hilton Birmingham Colonnade
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The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap (including Marcus & Millichap Real Estate Investment Services, Inc. and its affiliated entities and subsidiaries) and distribution to any other person or entity without the express written consent of Marcus & Millichap is strictly prohibited for a period of one calendar year (12-months) immediately following the date of this agreement. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. Marcus & Millichap has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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Franchise
Hilton
Room Count
122
Year Built
1997
Lot Size
2.25 Acres
Key Highlights
Minimal PIP for new investor, subject property will open as a Spark by Hilton in Q1 2025
University of Alabama (UAB) at Birmingham Hospital, just over 7 miles away, is a 1,207-bed facility that is nationally ranked amongst the top 20 largest and best equipped research centers and clinics in the nation
Regions Financial Corporation is headquartered just miles from the subject property with over 20,000 employees across all its offices
Birmingham is undergoing significant development with Birmingham metro reporting over 320 permits issued in 2024 totaling to $690 million
Star Amphitheater, approximately a 15-minute drive, is a 9,000-seat amphitheater expected to open June 2025 and will host concerts, festivals, and special events heavily contributing to the city’s growth
Higher education institutions include Samford University, University of Alabama at Birmingham, and Birmingham Southern University

Contact an Agent

Jack Davis
Sr Vice President
Charleston, SC
SC-92795 NC-LC896
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Eddie Greenhalgh
Broker of Record
Birmingham, AL
AL-000088298
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