HCP Monarch LLC Acquires Richard Arrington Jr Blvd N Retail Property For $1.08M

The property at 112 Richard Arrington Jr Blvd N in Birmingham, AL has been sold in a retail transaction. The property previously housed John's City Diner, a beloved restaurant in the Birmingham restaurant community that has recently closed after 19 years of operation. The property was sold by DGSG Inc to HCP Monarch LLC for a sale price of $1,080,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,080,000
• Address: 112 Richard Arrington Jr Blvd N, Birmingham, AL
• Market: Birmingham, AL

DGSG Inc, the seller, sold the property to HCP Monarch LLC in the transaction. John's City Diner, previously located at the property, had operated for 19 years before closing its doors. The sale of the property marks the end of an era for the restaurant and the beginning of a new chapter for the building under new ownership.