Contacts

Nancy Miller, CCIM, MBA

Bull Realty

Property Details

Property Type Retail - Freestanding
Property Size 8,320 SF
Additional Rent Contact for pricing
Parking Spaces Avail. 35
Property Tenancy Single Tenant
Year Built 2016
Date Updated Jan 2, 2025

Birmingham, ALThis absolute NNN, dark Family Dollar located in Birmingham, AL, closed in April 2024 and awaits a new concept! The tenant is paying rent of $127,783 with 6+ years remaining on the initial lease term. This attractive ±8,320 SF building, on over 1.5 acres, was constructed in 2016. The reason to close the store is unclear, but the “bones” of this location are excellent! The Family Dollar faces a busy six lane road with over 35,000 vehicles per day. It is located 3.5 miles from Birmingham-Shuttlesworth International Airport, close to major interstate highways, and less than a 10-minute drive to downtown Birmingham. In addition, the 5-mile population is over 113,000 with an average household income of $83,000. This highly flexible structure can be re-purposed or sub-divided for a broad range of concepts: retail, medical, office, restaurant, and more. While Family Dollar is likely to try to buy out the lease, the purchaser has the benefit of collecting rent until a new concept is found for themselves or a possible future tenant. The area has attracted several national firms including Wells Fargo, Brasfield & Gorrie, Ford, Innovation Depot- home to the largest tech startup program in the Southeast and more. Smuckers has invested over $1 billion in a new manufacturing facility in the area as well. As a result of this and its proximity to the airport and downtown Birmingham, this area continues to grow! Bring your concept and take advantage of this NNN opportunity while you determine your next best concept!

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Reach out to the broker for more info on lease terms and amenities

Highlights

Recently closed NNN Family Dollar still paying rent offers an investor the opportunity to repurpose this site with over 6 years remaining on the initial term
Annual NOI is $127,782 which increases to $140,561 on 4/1/26
The current footprint features a large 1.5-acre parcel with an ±8,320 SF newer construction built in 2016
Located in Alabama’s largest city and industrial center of the South on busy six-laned Vanderbilt Rd with over 35,000 VPD
5-Mile demographics population of over 113,000 and an average household income of over $83,000 and growing
The vacant “box” allows for flexible repurposing for many potential concepts: retail, medical, office, restaurant, and more – just imagine!
Continue collecting rent until your new concept is found and negotiate a lease buy-out with Family Dollar to assist with repurposing expenses

Getting around

49/100
Walk Score ®
21/100
Transit Score ®
43/100
Bike Score ®

Powered by Walk Score ®

City Birmingham, AL
Neighborhood Inglenook
Zip Code 35217
Market Birmingham

Points of Interest

Birmingham

3.93 miles

Stop & Shop Food Mart

0.66 miles
Exxon

0.90 miles
Kangaroo Express

0.97 miles
Shell

1.42 miles
Marathon

1.60 miles
Pacific Pride

1.68 miles
Mobil

1.71 miles
Citgo

2.17 miles
Chevron

2.27 miles
Tesla Supercharger

3.05 miles

Birmingham-Shuttlesworth International Airport Parking Garage

1.91 miles
Green Lot

2.91 miles
Parking Garage

3.44 miles
Alabama Power

3.57 miles
Alabama Power Company Parking Garage

3.64 miles
DePaul Building Parking

3.84 miles
St. Vincent's Deck Three Parking

3.94 miles
St. Vincent's B-Lot Parking

4.03 miles
Egar Lot Parking

4.05 miles

Krystal

1.16 miles
Los Primos Taco Truck

1.27 miles
Burger King

1.36 miles
American Ranch House

1.39 miles
Bama Hotdogs

1.43 miles
Taqueria Apatzingán y Billares

1.44 miles
Taco Bell

1.58 miles
Hong Kong

1.60 miles
Tacos Locos

1.74 miles
Red Mountain Grill

1.82 miles

Montgomery Grocery

1.29 miles
Food Outlet

1.98 miles
Piggly Wiggly

2.35 miles
JCPenney

2.82 miles
Target

3.04 miles
ALDI

3.12 miles
Winn-Dixie

3.31 miles
Village Market

3.44 miles
Burlington

3.90 miles
Publix

4.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.