30466 Sgt E I Boots Thomas Dr - Flex FOR SALE


Spanish Fort, AL 36527
$4,625,000 USD
251-518-6972
30466 Sgt E I Boots Thomas Dr, Spanish Fort, AL for Sale
$4,625,000 USD
Flex - FOR SALE
1/14
null | 6.98% Cap Rate

30466 Sgt E I Boots Thomas Dr
Spanish Fort, AL 36527


OVERVIEW

- Investment Opportunity: Stoic Equity Partners presents the opportunity to acquire 30466 Sgt. E.I. Boots Drive, a 32,000 SF- office and warehouse asset - Tenant Profile: Fully leased first floor (26,000 SF) to anchor tenant Techline, providing stable in-place income - Second Floor Layout: Multi-tenant executive office space with 10 suites (100–780 SF), currently leased to five tenants. - Occupancy: 89% occupied with immediate upside through lease-up of five vacant suites - Value-Add Potential: Opportunity to increase income through lease-up and mark-to-market rent adjustments - Flexible Asset: Functional layout supports a wide range of office and industrial users - Prime Location: Minutes from Eastern Shore Centre and top-rated Spanish Fort schools - Connectivity: Excellent access to Mobile and Pensacola markets - High-Growth Market: Located in Baldwin County, one of the fastest-growing counties in the U.S. - Strong Demographics: ~246,000 population with 3.2% annual growth - Economic Drivers: Supported by expanding sectors including commerce, healthcare, education, and tourism - Investment Highlights: Combination of stable cash flow and clear pathways for income growth

FOR SALE DETAILS

PRICE

$4,625,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

6.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

5

DRIVE INS

2

PARKING SPACES

38

LAND DETAILS

LAND ACRES

4.16

LAND SF

181,210

ZONING

M1

APN/PARCEL ID

32-07-25-0-000-001.107

ASK ABOUT THIS PROPERTY

Grant ReavesStoic Equity PartnersMore Info
251-518-6972

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Grant ReavesStoic Equity PartnersMore Info
251-518-6972

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