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7730 1st Ave N
Birmingham, AL 35206
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Family Dollar has operated at this location since 1999.
- The tenant recently exercised their first 5-year renewal option, with three additional 5-year renewal options remaining.
- The property sits on a lot of approximately 0.767 acres.
- The current lease term extends until June 30, 2029, with five years remaining.
- The building, approximately 9,000 square feet, was recently renovated in 2023.
- The landlord is responsible for the roof, structure, and parking lot maintenance.
EXECUTIVE SUMMARY
9,100 SF recently renovated Family Dollar for sale in Birmingham, AL.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
9,100 SF
Building Class
C
Year Built/Renovated
1965/2023
Price
$950,369 CAD
Price Per SF
$104.44 CAD
Cap Rate
9.50%
NOI
$90,285 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
B2 - In Alabama, B2 zoning is typically a General Business District designed for commercial activities that are highway or automobile-oriented.
PROPERTY TAXES
| Parcel Number | 23-00-10-4-024-002.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $50,696 CAD |
PROPERTY TAXES
Parcel Number
23-00-10-4-024-002.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$50,696 CAD
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