7316 1st Ave N - Department Store FOR SALE


Birmingham, AL 35206- Wahouma
$1,350,000 USD
770-626-0445
7316 1st Ave N, Birmingham, AL for Sale
$1,350,000 USD
Department Store - FOR SALE
1/4
null | 2.98% Cap Rate

7316 1st Ave N
Birmingham, AL 35206
Wahouma


HIGHLIGHTS

  • Opportunity to acquire a multitenant retail asset with a built-in value-add component through the 9,251 SF vacancy.
  • Positioned directly next to a highperforming Family Dollar, creating consistent daily foot traffic and strong co-tenancy benefits.
  • Strategically located in the revitalizing Woodlawn/Birmingham corridor with quick access to major highways.
  • Supported by a strong surrounding population of 109,888 residents within a 5-mile radius, providing a deep customer base for retail, medical Etc.
  • Area demographics show an average household income of $100,735 within a 5-mile radius, reinforcing strong spending power and long-term tenant demand.

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

2.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Birmingham Shopping Center - Birmingham, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

CB2

APN/PARCEL ID

23-00-15-1-029-013.000

ASK ABOUT THIS PROPERTY

Andrew AckermanSands Investment Group Atlanta, LLCMore Info
770-626-0445

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Andrew AckermanSands Investment Group Atlanta, LLCMore Info
770-626-0445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.