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7330 1St Ave Birmingham, AL 35206

Sponsored
For Sale
$897,931

High-return retail investment opportunity.

Property size:
9,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
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 Features for 7330 1St Ave

General Information

Property type
Individual retail properties
Square Feet
9,000 SF

Building Details

Buildings
1
Stories
1

HighLights

  • 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.
  • Tenant recently exercised a five‑year renewal option.
Property Profile Location Intelligence

Current Use by Public Records

Redbox Movie Rental Kiosk

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Birmingham
County
Jefferson
State
Alabama
Longitude
-86.7327967
Latitude
33.5581474

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.
More about this property
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