2424 18th St N - Industrial FOR SALE


Birmingham, AL 35234- Acipco-Finley
$1,257,000 USD
615-521-6955
2424 18th St N, Birmingham, AL for Sale
$1,257,000 USD
Industrial - FOR SALE
1/3
null | 6.31% Cap Rate

2424 18th St N
Birmingham, AL 35234
Acipco-Finley


HIGHLIGHTS

  • Long-term NN lease with ±6.7 years remaining and 1.5% annual rent increases.
  • FleetPride is the nation’s largest independent distributor of heavy-duty truck and trailer parts.
  • ±12,500 SF industrial facility on ±1.84 AC lot with 100% HVAC and ample paved yard.
  • Prime infill location less than 2 miles from downtown Birmingham and adjacent to I-65 (±122,220 VPD).
  • Minimal landlord responsibilities and two 5-year renewal options at fair market value.
  • Post-merger, FleetPride operates 450+ locations nationwide, ensuring tenant stability.

OVERVIEW

Hutt Cooke Matthews Real Estate Investment Services, Inc License # 000110253 - 0, 000168807-0 (AL) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,257,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

6.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TruckPro (FleetPride)

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.84

LAND SF

80,001

ZONING

-

APN/PARCEL ID

22-00-23-3-013-001.000

ASK ABOUT THIS PROPERTY

Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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