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Birmingham Shopping Center - Birmingham, AL 7316 1st Ave N 15,251 SF 39% Leased Retail Building Birmingham, AL 35206 $1,863,351 CAD ($122.18 CAD/SF) 2.98% Cap Rate
Investment Highlights
- Opportunity to acquire a multitenant retail asset with a built-in value-add component through the 9,251 SF vacancy.
- Strategically located in the revitalizing Woodlawn/Birmingham corridor with quick access to major highways.
- Area demographics show an average household income of $100,735 within a 5-mile radius, reinforcing strong spending power and long-term tenant demand.
- Positioned directly next to a highperforming Family Dollar, creating consistent daily foot traffic and strong co-tenancy benefits.
- Supported by a strong surrounding population of 109,888 residents within a 5-mile radius, providing a deep customer base for retail, medical Etc.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 15,251 SF Birmingham Shopping Center located at 7316 1st Avenue North in Birmingham, Alabama. This multi-tenant retail asset offers a value-add opportunity through the available 9,251 SF vacancy, allowing an owner-user to occupy the space or an investor to increase NOI through lease-up, providing for a strong investment opportunity.
BoR: Andrew Ackerman - Lic. AL #1089690
BoR: Andrew Ackerman - Lic. AL #1089690
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,251 SF
Building Class
C
Year Built
1984
Price
$1,863,351 CAD
Price Per SF
$122.18 CAD
Cap Rate
2.98%
NOI
$55,503 CAD
Percent Leased
39%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.41
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
CB2 - Commercial Business
Parking
60 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Smoke Shop
- Retailer
- 6,000 SF
- $12.42 CAD
- Triple Net
- Nov 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Smoke Shop | Retailer | 6,000 SF | $12.42 CAD | Triple Net | Nov 2028 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Right next door to Family dollar busy location, busy location connect downtown.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,261 SF | Retail | - | Now |
1st Floor
| Size |
| 9,261 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 9,261 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Right next door to Family dollar busy location, busy location connect downtown.
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-00-15-1-029-013.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $251,069 CAD |
Property Taxes
Parcel Number
23-00-15-1-029-013.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$251,069 CAD
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Birmingham Shopping Center - Birmingham, AL | 7316 1st Ave N
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