7316 1st Avenue North

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7316 1st Avenue North

Birmingham, AL 35206
Asking Price
$1.35M
Asset Type
Shopping Center Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail shopping center asset measuring 15,251 square feet for sale.
  • Property is listed with an asking price of 1,350,000 dollars.
  • Located at 7316 1st Avenue North in the Birmingham market.
  • Investment offers potential for upside through strategic leasing and management.
  • Asset benefits from strong traffic counts in a established submarket.

What's Special

This retail shopping center is currently for sale, providing a distinct prospect for investors seeking value-add potential in the Birmingham market. Spanning 15,251 square feet, the property is positioned at 7316 1st Avenue North within a region noted for consistent commercial activity and steady consumer traffic. Birmingham serves as a central economic hub for Alabama, supporting a diverse range of business operations and local commerce. The facility layout remains well-suited for varied retail tenants, offering flexibility for those looking to stabilize occupancy or implement a repositioning strategy. With its location in a established district of Birmingham, this asset presents a practical acquisition for individuals or firms focused on long-term portfolio growth through proactive management and leasing efforts.

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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.04%
Monthly Payment
$6,679.063
Annual Cash Flow
$-148.761

Location & Travel Times