2007 Avenue H Birmingham, AL 35218
High-return Dollar General NNN lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- Absolute NNN lease with Dollar General; approximately 3.2 years remaining.
- High-traffic location near Birmingham CrossPlex, attracting over 550,000 annual visitors.
- Proximity to numerous colleges and high schools, totaling over 4,500 students.
- Investment-grade tenant (Dollar General, S&P: BBB).
- Dollar General's expansion plans include 2,385 real estate projects in FY2024, benefiting from competitor store closures.
- 7.35% cap rate, $102,504 NOI.
Property Details for 2007 Avenue H
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 9,026 SF
- Year Built
- 2013
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 52,272 SF
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.510192990977
- Longitude
- -86.894115524672
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-return Dollar General NNN lease
- Where is the retail property located?
- The property is located at 2007 Avenue H Birmingham, AL.
- What is the asking price?
- The asking price for this property is $1,395,000.
- What are key features of this property?
- This property features: Absolute NNN lease with Dollar General; approximately 3.2 years remaining.; High-traffic location near Birmingham CrossPlex, attracting over 550,000 annual visitors.; Proximity to numerous colleges and high schools, totaling over 4,500 students.
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