Premier Location in Popular Lakeview District: 29 Seven is located in the Lakeview District, quickly becoming one of Birmingham’s hottest spots and the driving force behind Birmingham’s cultural renaissance.
National Tenants Headline 1st Floor Retail: Included in the offering is 18,839 SF of retail with nationally recognized tenants, including Hattie B’s, Jimmy Johns, and Escape Game all leased through at least 2024. Additional value can be added by leasing the 3 vacant spaces.
Below Market Rents: 29 Seven sits over $500+ below market rent of nearby Downtown new construction assets allowing new ownership the potential to increase NOI through rent increases.
High Quality Asset with Luxurious Amenities Package: 29 Seven offers tenants a luxurious amenities package, including controlled access, private parking, stainless steel appliances, granite countertops, ceiling fans, hardwood floors, 10’ ceilings, mounted 51” 3D Smart TV included, stackable washer/dryer included, and private patios with views of downtown Birmingham.
Downtown Advancement: Downtown Birmingham is undergoing a complete transformation through historic renovations and ground-up additions with over $1 billion in active development projects.
Urban Walkable Lifestyle: With a walkscore of 76, 29 Seven offers a short walk to some of the most notable bars and restaurants, is within 1 mile of University of Alabama at Birmingham, walking distance of 10,000+ jobs, and within 2 miles of 36,000+ jobs.
Access to Birmingham’s Major Employers: Tenants will have quick access to 25+ companies that employ over 1,000 people, including:
Opportunity Zone Provides Attractive Development Incentive: 29 Seven is located in an Opportunity Zone, providing a future roadmap for continued development.