
TitleMax
Brand New 10-Year Lease | Strong Population and Traffic Counts | Annual Increases
Marketing description
TitleMax at 6912 1st Ave. N., Birmingham, AL presents an attractive single-tenant net lease investment opportunity in one of Alabama’s strongest and most dynamic metro markets. This ±4,000 SF freestanding retail property sits on 0.78 acres along heavily traveled 1st Avenue North, with nearly 19,250 vehicles passing daily and excellent visibility enhanced by prominent signage.
The tenant recently executed a brand-new 10-year Double Net lease, demonstrating long-term commitment to the location and providing investors with stable, predictable income. The lease features 1.5% annual rent increases, offering a built-in hedge against inflation and steady cash flow growth over time. Offered at a 7.00% cap rate and $771,428 list price, the asset combines yield with long-term income security.
Positioned in a dense infill corridor with more than 9,100 residents within a 1-mile radius, the property benefits from strong local traffic drivers, nearby national retailers, and close proximity to Birmingham-Shuttlesworth International Airport and Interstate 59. Located in the growing Birmingham-Hoover metro, this offering delivers durable real estate fundamentals, strong visibility, and an established corporate tenant with a national operating footprint.
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
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