Single-Tenant Office Medical
TitleMax
6912 1st Ave N, Birmingham, AL 35206
Listing Price: $771,428
Cap Rate
7.00%
Tenant Name
TitleMax
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
4,000
Lease Type
Double Net
Rent Per Square Feet
$13.50
Investment Overview
See Highlights
TitleMax
Investment Highlights
- Tenant recently executed a brand new 10-year lease showing exceptional commitment to the site
- Dense, growing population with over 9,100 people within a 1-mile radius, projected to grow by nearly 3.7% between now and 2030.
- Nearly 19,250 vehicles per day pass in front of the property on 1st Avenue North, providing ample customer awareness for the asset
- Birmingham continues to be one of the strongest markets in Alabama with affordable living, a 2.2% unemployment rate, strong economic diversity, and a growing population
- Annual increases provide stable cash flow with a strong hedge against inflation for an incoming investor
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $771,428
Cap Rate
7.00%
Tenant Name
TitleMax
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
4,000
Lease Type
Double Net
Rent Per Square Feet
$13.50
Investment Highlights
- Tenant recently executed a brand new 10-year lease showing exceptional commitment to the site
- Dense, growing population with over 9,100 people within a 1-mile radius, projected to grow by nearly 3.7% between now and 2030.
- Nearly 19,250 vehicles per day pass in front of the property on 1st Avenue North, providing ample customer awareness for the asset
- Birmingham continues to be one of the strongest markets in Alabama with affordable living, a 2.2% unemployment rate, strong economic diversity, and a growing population
- Annual increases provide stable cash flow with a strong hedge against inflation for an incoming investor
Investment Overview
See Highlights
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
