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Shopping Strip

Family Dollar Strip

1343 Bessemer Rd, Birmingham, AL 35208

Listing Price: $1,306,000

Cap Rate
8.50%
Gross SF
13,000
Rentable SF
13,000
Price/Gross SF
$100.46
Lot Size
1.10 acres
Year Built
1995

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. The Birmingham-Hoover metro, also known as Greater Birmingham, contains a population of roughly 1.2 million residents in North Central Alabama. The most populous city is Birmingham, with more than 213,000 residents. Greater Birmingham is the most populous region in the state, constituting roughly a quarter of the state’s population.

Investment Highlights

  • Strong Report Sales from Family Dollar with a Low Occupancy Cost
  • Subject Property 100 Percent Fully Leased to Two Diverse Tenants
  • 18 Year Occupancy History by Family Dollar with an Expansion in 2014, Showing Strong Commitment to Site
  • Below Market Rents for Property Leading to Future Rental Upside
  • 135,221 Residents within a Five Mile Radius - Birmingham MSA
  • 10 Percent Rental Increases Every Five Years and Multiple Renewal Options for Family Dollar
  • Located Along Bessemer Rd/US-11 with More than 20,600 Cars per Day
  • Down the Road from Western Hills Mall - Major Tenants Include Piggly Wiggly, Home Depot, McDonald's, Walgreens, Foot Locker, KFC, CVS, Rally's, T-Mobile, and More

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Shopping Strip

Family Dollar Strip

Listing Price: $1,306,000

Cap Rate
8.50%
Gross SF
13,000
Rentable SF
13,000
Price/Gross SF
$100.46
Lot Size
1.10 acres
Year Built
1995

Investment Highlights

  • Strong Report Sales from Family Dollar with a Low Occupancy Cost
  • Subject Property 100 Percent Fully Leased to Two Diverse Tenants
  • 18 Year Occupancy History by Family Dollar with an Expansion in 2014, Showing Strong Commitment to Site
  • Below Market Rents for Property Leading to Future Rental Upside
  • 135,221 Residents within a Five Mile Radius - Birmingham MSA
  • 10 Percent Rental Increases Every Five Years and Multiple Renewal Options for Family Dollar
  • Located Along Bessemer Rd/US-11 with More than 20,600 Cars per Day
  • Down the Road from Western Hills Mall - Major Tenants Include Piggly Wiggly, Home Depot, McDonald's, Walgreens, Foot Locker, KFC, CVS, Rally's, T-Mobile, and More

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. The Birmingham-Hoover metro, also known as Greater Birmingham, contains a population of roughly 1.2 million residents in North Central Alabama. The most populous city is Birmingham, with more than 213,000 residents. Greater Birmingham is the most populous region in the state, constituting roughly a quarter of the state’s population.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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