7330 1St Ave Birmingham, AL 35206
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High-return retail investment opportunity.
Property size:
9,000 SFProperty Features for 7330 1St Ave
General Information
- Property type
- Individual retail properties
- Square Feet
- 9,000 SF
Building Details
- Buildings
- 1
- Stories
- 1
Listing Agency: Southpace Properties Inc. Listing Agent: Tyler Bradford
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a single-tenant, 9,000 square foot convenience store located at 7330 1st Ave N, Birmingham, AL 35206, in Jefferson County. The property, a one-story building, is currently 100% occupied by a Family Dollar store, a long-term tenant since 1999. The asking price is $897,931, translating to a price per square foot of $99.77. This represents a strong value proposition given the property's performance history and the recent lease renewal. The tenant recently completed a full renovation in 2023, demonstrating their commitment to the location. Importantly, the Family Dollar store has consistently exceeded its percentage rent breakpoint in four of the past five years, indicating strong sales and profitability. Further solidifying the investment's stability, the tenant recently exercised their five-year renewal option, providing long-term lease security. This property offers a compelling combination of a strong tenant, proven financial performance, and a recently renovated building, making it an ideal addition to any investment portfolio. The property's prime location in Birmingham, Alabama, adds to its overall attractiveness. This is a rare opportunity to acquire a stable, high-performing retail asset with significant upside potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Redbox
Cinema
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7327967
- Latitude
- 33.5581474
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FAQs
What type of property is this?
Individual retail property - High-return retail investment opportunity.
Where is this individual retail property located?
The property is located at 7330 1St Ave Birmingham, AL.
What is the asking price?
The asking price for this property is $897,931.
What are key features of this property?
This property features: Family Dollar has occupied this location since 1999.; Tenant completed a store renovation in 2023.; Annual sales have surpassed the percentage rent threshold in four of the past five years.
