Shopping Strip
Family Dollar Strip
1343 Bessemer Rd, Birmingham, AL 35208
Listing Price: $1,306,000
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.
Family Dollar Strip
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
Financing By
Listing Price: $1,306,000
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
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Eddie Greenhalgh
Senior Vice President Investments
Financing By
