108 Walter Davis Dr - Warehouse FOR SALE


Birmingham, AL 35209
$2,300,000 USD
334-386-2441
108 Walter Davis Dr, Birmingham, AL for Sale
$2,300,000 USD
Warehouse - FOR SALE
1/8
null | 5.65% Cap Rate

108 Walter Davis Dr
Birmingham, AL 35209


OVERVIEW

Investment Sale Absolute NNN Lease with 2% Annual Increase & 4 (5 Year Options) 3 Buildings on three separate Parcels 43,600 SF of Warehouse, 3,500 SF of Office Space Ample onsite parking for employees and customers Dense Retail Corridor Along Interstate 65 Near Abutting Railroad The 5-mile trade area is supported by nearly 187,000 residents and more than 225,700 employees with an estimated average household income of $73,374. 1.4± Miles from Interstate I-65 with traffic counts of 124,840 AADT 4.5± Miles from Samford University 10.4± Miles from Birmingham-Shuttlesworth International Airport

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sigma

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

6

DRIVE INS

3

PARKING SPACES

16

LAND DETAILS

LAND ACRES

3.02

LAND SF

131,551

ZONING

I-3

APN/PARCEL ID

29-00-15-1-001-004.009,29-00-15-2-006-001.002,29-00-15-2-006-001.003

ASK ABOUT THIS PROPERTY

Gene Cody, CCIM, SIORMoore Company Realty, Inc.More Info
334-386-2441

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Gene Cody, CCIM, SIORMoore Company Realty, Inc.More Info
334-386-2441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.