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7316 1st Ave N 9,261 SF of Retail Space Available in Birmingham, AL 35206
Highlights
- Features central air conditioning, updated systems, and ample customer parking.
- Situated less than 3 miles from Birmingham-Shuttlesworth International Airport and approximately 5 miles from downtown Birmingham.
- Fully renovated in 2023, improving long-term asset quality and reducing near-term capital expenditures.
- 100% occupied at sale, providing immediate income with multi-tenant stability.
- Located in an Opportunity Zone with potential tax advantages for qualified investors.
- Excellent visibility along 1st Avenue North with convenient access to I-20 and I-59.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,261 SF | Negotiable | $13.36 CAD/SF/YR $1.11 CAD/SF/MO $123,704 CAD/YR $10,309 CAD/MO | Triple Net (NNN) |
7316 1st Ave N - 1st Floor
Right next door to Family dollar busy location, busy location connect downtown.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Right next door to Family dollar busy location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 9,261 SF | Frontage | 1st AVE N |
| Center Type | Strip Center | Gross Leasable Area | 15,251 SF |
| Parking | 60 Spaces | Total Land Area | 0.85 AC |
| Center Properties | 1 | Year Built | 1984 |
| Total Space Available | 9,261 SF |
| Center Type | Strip Center |
| Parking | 60 Spaces |
| Center Properties | 1 |
| Frontage | 1st AVE N |
| Gross Leasable Area | 15,251 SF |
| Total Land Area | 0.85 AC |
| Year Built | 1984 |
About the Property
Prime location in the main Road next to busy Family dollar (2.6M last year total sales) , & next to big smoke shop , lots of traffic . Large parking lot Really good location for a retail like a beauty supply , liquidation center , clothing etc . (Large Space 9251sqft) This location has the traffic for sure , if you have the right products and sales people, really good business to have here . Plus , the shop is more then ready , as far as fixtures( BIG SAVINGS ), see photos . Serious inquiries only Please read the listing before you call Thank you
- Pylon Sign
Nearby Major Retailers
Presented by
Mohammed Abdullah
7316 1st Ave N
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