This Retail Property is Off-Market.

7330 1st Avenue North
Birmingham, AL 35203 ·

9,000 SF · Retail For Sale

N/A

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Family Dollar

Price N/A No. Stories 1
Building Size 9,000 SF Tenancy Single
Property Type Retail Year Built 1984
Property Sub-type Retail (Other) Lot Size 33,000 SF
Property Use Type Investment APN / Parcel ID 23-15-1-029-013.001
Commission Split 3% Parking Ratio 5.50 / 1,000 SF
Cap Rate 12.90%
Listing ID: 18314065 Date Created: 08/16/2013 Last Updated: 05/08/2014

Description

9,000 SF Family Dollar Store situated on 33,000 SF of land.

The property is located on 1st Avenue North which is a major east/west artery linking the eastern areas of town with Birmingham's CBD. This area of 1st Avenue North is mostly retail with residential development on the side streets.

Highlights

  • Family Dollar is in the 2nd of (6) 5-year options.
  • Family Dollar has paid overage rents for the past 8 years.
  • Store sales have averaged $250 PSF over the past 8 years.
  • Traffic count is over 20,000 VPD.
  • Parking Ratio: 5.5 / 1,000 SF

Research

7330 1st Avenue North, Birmingham, AL 35203 (Jefferson County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Birmingham Market Trends - Asking price index trends, sale price trends, asking rent trends

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