1111 Emory Folmar Blvd - Distribution FOR SALE


Montgomery, AL 36110- North
$8,520,447 USD
205-394-3520
1111 Emory Folmar Blvd, Montgomery, AL for Sale
$8,520,447 USD
Distribution - FOR SALE
1/3
null | 6.25% Cap Rate

1111 Emory Folmar Blvd
Montgomery, AL 36110
North


HIGHLIGHTS

  • Purpose-built for Frito-Lay, reinforcing tenant commitment and operational necessity
  • Triple net lease with 2% annual increases and limited landlord obligations
  • Backed by investment-grade credit via PepsiCo (NYSE: PEP)
  • Located in Montgomery’s industrial corridor with direct access to I-85
  • New construction minimizes near-term capital expenditures and enhances long-term durability

OVERVIEW

Offered for sale is a newly constructed, purpose-built distribution facility leased to Frito-Lay, a subsidiary of PepsiCo (NYSE: PEP), located in the heart of Montgomery’s industrial corridor. This ±16,573-square-foot facility sits on ±5.07 acres and was designed to support Frito-Lay’s regional logistics operations, underscoring the tenant’s long-term commitment and operational reliance on the site. The property is secured by a 10-year triple net (NNN) lease with approximately 9.3 years remaining, featuring 2% annual rent escalations and minimal landlord responsibilities limited to roof and structure. With a current net operating income of $532,528 and a 6.25% cap rate, this asset offers passive, predictable cash flow backed by investment-grade credit. Strategically positioned near Interstate 85, the site benefits from excellent connectivity to regional distribution routes and proximity to Montgomery’s established industrial base. The area is home to major employers, logistics hubs, and a growing population, making it a prime location for last-mile delivery and regional fulfillment. This offering presents a rare opportunity to acquire a mission-critical facility with strong credit tenancy, long-term lease stability, and minimal management obligations in a high-demand logistics market.

FOR SALE DETAILS

PRICE

$8,520,447 USD

PRICE/SF

$514 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frito Lay Last Mile Distribution Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Food Processing, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.07

LAND SF

220,849

ZONING

M-1

APN/PARCEL ID

04-08-33-1-000-009.000

ASK ABOUT THIS PROPERTY

Adam BaxterStream Capital PartnersMore Info
205-394-3520

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Adam BaxterStream Capital PartnersMore Info
205-394-3520

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