3779 Abigail Dr - Warehouse FOR SALE


Theodore, AL 36582
$1,337,846 USD
940-735-2112
3779 Abigail Dr, Theodore, AL for Sale
$1,337,846 USD
Warehouse - FOR SALE
1/4
null | 6.5% Cap Rate

3779 Abigail Dr
Theodore, AL 36582


OVERVIEW

Westover Industrial Partners is pleased to present the opportunity to acquire a single-tenant, net-leased industrial asset located at 3779 Abigail Drive in Theodore, Alabama, leased to Comfort Systems USA (Southeast), Inc., a wholly owned subsidiary of publicly traded Comfort Systems USA, Inc. (NYSE: FIX). The property consists of an approximately 8,000 SF industrial facility situated on ±2.33 acres, featuring ±1.15 acres of secured, fenced outdoor storage, creating a highly desirable IOS-oriented configuration that is increasingly scarce across industrial markets. This layout supports strong long-term tenant demand from contractors, service providers, and logistics users. Comfort Systems USA Southeast has operated from the site for nearly 10 years and recently executed a 5-year lease extension, demonstrating long-term commitment to the location. The lease is structured as NNN, with the tenant reimbursing taxes and insurance. Importantly, the lease contains no renewal options, providing the next owner with full flexibility to mark rents to market upon expiration. The lease and guaranty are with Comfort Systems USA (Southeast), Inc., a wholly owned subsidiary of publicly traded Comfort Systems USA, Inc. (NYSE: FIX). The Southeast operating platform produces approximately $150 million in annual revenue and benefits from the financial strength, operating systems, and national scale of its parent organization. Strategically positioned within the greater Mobile industrial corridor, the property benefits from proximity to Alabama’s only deepwater port and long-term port-driven industrial demand. The Mobile market continues to serve as a key Gulf Coast logistics and manufacturing hub supported by ongoing port expansion and infrastructure investment.

FOR SALE DETAILS

PRICE

$1,337,846 USD

PRICE/SF

$163 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.33

LAND SF

101,495

ZONING

I-1 Light Industrial

APN/PARCEL ID

33-07-40-0-003-010.095,33-07-40-0-003-010.096

ASK ABOUT THIS PROPERTY

Matson KaneWestover Industrial PartnersMore Info
940-735-2112

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Matson KaneWestover Industrial PartnersMore Info
940-735-2112

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