601 Tuscaloosa Ave - Distribution FOR SALE


Gadsden, AL 35901
$19,992,000 USD
714-618-3260
601 Tuscaloosa Ave, Gadsden, AL for Sale
$19,992,000 USD
Distribution - FOR SALE
1/29
null | 8.33% Cap Rate

601 Tuscaloosa Ave
Gadsden, AL 35901


HIGHLIGHTS

  • Excellent location, in the southeastern United States, bordering Tennessee to the North and Georgia to the East.
  • 408000SF, 31 high-level docks, a Drive-in Door, 17 acres lot, which can accommodate the operation of 70 large trucks.
  • Port of Savanna, about 5.5 hours drive 365miles., Port of Mobile, about 3.5 hours drive 295miles.
  • Most suitable for commercial wholesale distribution center.
  • This property was recently improved for truck parking, boat storage, and R/V Storage. It's fenced, lighted, and secured with24/7 automatic gate acce.
  • Active Lease with tenant currently @ Rent $0.34/ SF/Monthly, Cape rate 8.33%. Selling with lease.

OVERVIEW

A large warehouse for sale. The Entire warehouse has just been upgraded and renovated and sold as-is. The owner is willing to sell it at a very low price. The warehouse was once used by Goodyear Tires Company for a long time and was also selected by DHL. There is an active lease with tenant currently @ $4.08/sq ft/year ($0.34/sq ft/monthly). The building has 408,000 square foot, 4 sections with wall divisible including THREE (3) X 96,000 SF & ONE (1) 120,000 SF WITHIN +/- 8,000 S.F. OFFICE SPACE.

FOR SALE DETAILS

PRICE

$19,992,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

8.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

31

DRIVE INS

1

PARKING SPACES

70

LAND DETAILS

LAND ACRES

17

LAND SF

740,520

ZONING

Industrial

APN/PARCEL ID

15-02-04-1-000-007.000

ASK ABOUT THIS PROPERTY

Anthony LiSiares Property LLCMore Info
714-618-3260

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Anthony LiSiares Property LLCMore Info
714-618-3260

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