1030 London Dr - Light Distribution FOR SALE


Birmingham, AL 35211- Sand Ridge
$11,700,000 USD
404-876-1640
1030 London Dr, Birmingham, AL for Sale
$11,700,000 USD
Light Distribution - FOR SALE
1/20
null | 6.5% Cap Rate

1030 London Dr
Birmingham, AL 35211
Sand Ridge


HIGHLIGHTS

  • Fully occupied multi-tenant flex investment property.
  • Anchored by Trane Supply with additional occupancy by MSHA and Canon.
  • Five dock-high doors and two ramped drive-in loading doors.
  • New roof installed in May 2025.
  • Located in Lakeshore Crossing Business Park near I-65.
  • Approximately 14 miles from Birmingham-Shuttlesworth International Airport.

OVERVIEW

1030 London Drive presents the opportunity to acquire a fully occupied multi-tenant office and warehouse flex property in Birmingham, Alabama. The asset is anchored by Trane Supply and leased to a diversified tenant roster that also includes the U.S. Department of Labor Mine Safety and Health Administration and Canon U.S.A. The property contains a combination of office and warehouse functionality, supporting a broad range of operational requirements while providing stable occupancy and in-place cash flow. Located within Lakeshore Crossing Business Park, the property benefits from convenient access to Lakeshore Parkway (Highway 149), Interstate 65, and Birmingham-Shuttlesworth International Airport. The surrounding corridor is supported by a mix of commercial, industrial, healthcare, educational, and retail demand drivers, including the University of Alabama at Birmingham, Brookwood Hospital, Samford University, and numerous national retailers and service providers. Birmingham serves as Alabama’s largest city and a regional economic center with employment bases in healthcare, manufacturing, education, banking, and logistics. Property improvements include five dock-high loading doors, two ramped drive-in doors, warehouse space, office space, and a clear-span warehouse design with 20-foot clear height. Additional functionality includes the ability to add more dock-high positions through existing punch-outs. A new roof was installed in May 2025, reducing near-term capital expenditure requirements. The property is situated on approximately 6.34 acres and is zoned Light Industrial (I-1-C). The combination of full occupancy, nationally recognized tenants, loading infrastructure, strategic Birmingham location, and recent capital improvements positions the asset as an established income-producing investment opportunity.

FOR SALE DETAILS

PRICE

$11,700,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

5

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.34

LAND SF

276,170

ZONING

I-1-C

APN/PARCEL ID

29-00-28-3-000-001.013

ASK ABOUT THIS PROPERTY

Michael BullBull Realty Inc.More Info
404-876-1640

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

Michael BullBull Realty Inc.More Info
404-876-1640

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