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Property profile & analytics
FOR LEASE
Drive through restaurants

2808 7Th Ave S Birmingham, AL 35233

22,620 SF 1.3 ac lot Built 2012
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US03-0378960
Property summary
AI-generated overview

RISE Lakeview offers a unique opportunity to lease the last remaining space in this vibrant Birmingham, Alabama commercial building. Located at 2808 7th Ave S, 35233, this Class A property boasts a prime corner location with frontage on both 7th Avenue South and 29th Street South. The building, constructed in 2012, is a four-story structure with an elevator, totaling 20,000 square feet. Currently, 1,524 square feet of space is immediately available, ideal for a fitness studio (with existing shower facilities), restaurant, or other retail use. The building features multiple tenancies, creating a dynamic and thriving atmosphere. RISE Lakeview is situated in the highly desirable Lakeview and Southside neighborhoods, known for their popular entertainment venues, diverse restaurants, attractive parks, and unique boutique shopping experiences. This location provides exceptional access to key Birmingham attractions, including Pepper Place, the UAB Campus and Medical Center, the McWane Science Center, Sloss Furnaces, Avondale Park, and Protective Stadium. The building also features 54 apartment units above the street-level retail space, ensuring a constant flow of potential customers. Don't miss this chance to establish your business in one of Birmingham's most sought-after areas.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2012
Total area 22,620 SF
Lot 1.3 ac (56,802 SF)
Zoning code B3
APN 23-00-31-3-003-005.000
UPID US03-0378960
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Locked In: The Birmingham Escape Game Resort
  • The Mayor Bar Restaurant
  • Rice Bowl Restaurant
  • Mr West's Asian Chow Hall Restaurant
  • Umami Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.28M
Blend (final) Blend
$11.90M
Owner & transaction history
Wf Lakeview LLC · 5 yrs held
Wf Lakeview LLC
since 2021
Last sale
$13.7M
5 recorded transactions
2021
$13.7M
2011
Price N/A
2005
$1.3M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B3 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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