$1,668,071 USD
334-386-2439
HIGHLIGHTS
- NOI of $116,765 | 7% cap rate | 3% Annual Increases
- Below market rents create clear upside
- Leased to Mr. Electric- National tenant with established operations and strong credit profile ~4 years of remaining lease term
- 4 dock-high doors plus 1 roll-in door
- Power and infrastructure in place 480V / 3-phase power
- 17’–21’ ceilings
OVERVIEW
1110 Emory Folmar Blvd presents a compelling investment opportunity in one of Montgomery’s most established industrial parks. This well maintained warehouse property is leased to a strong credit tenant, Mr. Electric, and offers stable cash flow with approximately four years remaining on the current lease.
FOR SALE DETAILS
PRICE
$1,668,071 USD
PRICE/SF
$79 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
ADD'L SUBTYPES
undefined, Distribution, Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
3
PARKING SPACES
41
LAND DETAILS
LAND ACRES
3.05
LAND SF
132,858
ZONING
M-1
APN/PARCEL ID
04-08-34-2-000-007.000
ASK ABOUT THIS PROPERTY
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334-386-2439
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334-386-2439
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