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Family Dollar 7330 1st Ave N

9,100 SF Retail Building Birmingham, AL 35206 £722,739 (£79/SF) 7.25% Net Initial Yield

Executive Summary

Family Dollar has operated at this location since 1999.
The current lease term extends until June 30, 2029, with five years remaining.
The tenant recently exercised their first 5-year renewal option, with two additional 5-year renewal options remaining.
The building, approximately 9,000 square feet, was recently renovated in 2023.
The property sits on a lot of approximately 0.767 acres.
The landlord is responsible for the roof, structure, and parking lot maintenance.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
1984
Price
£722,739
Price Per SF
£79
Net Initial Yield
7.25%
NOI
£52,399
Tenancy
Single
Number of Floors
1
Building FAR
0.27
Lot Size
0.76 AC
Opportunity Zone
Yes
Zoning
CB2 - Commercial
Frontage
190 ft on 1st Ave

Amenities

  • Pylon Sign

Nearby Major Retailers

United Rentals-storage Containers & Mobile Offices
Piggly Wiggly

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-00-15-1-029-013.001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£85,045
  • Listing ID: 34359043

  • Date on Market: 03/01/2025

  • Last Updated:

  • Address: 7330 1st Ave N, Birmingham, AL 35206

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