256-783-4158
971 Andrew Lee Dr, Henagar, AL for Sale
Manufacturing - FOR SALE
1/4
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971 Andrew Lee Dr
Henagar, AL 35978


HIGHLIGHTS

  • ... 100% Occupied ?
  • ... Space for Expansion
  • ... Industrial Retail Zoning
  • ... Access to Major Transportation Routes

OVERVIEW

The property is currently 100% occupied and offers stable in-place income. The primary tenant recently executed an early renewal, extending their lease term by an additional five (5) years, resulting in approximately six-plus (6+) years of remaining term. This tenant occupies approximately 38,777 square feet of the building. The remaining portion of the building is occupied by a long-standing local furniture vendor that utilizes the space for storage and has maintained a consistent presence under a month-to-month arrangement. Situated on a spacious lot, the property spans an impressive area, providing ample space for potential expansion or future development. Its strategic location near Industrial Road ensures convenient access to major transportation routes, making it well-suited for businesses requiring logistical efficiency. With its industrial zoning classification, the property is ideal for a variety of uses including manufacturing, warehousing, and distribution. Additionally, the surrounding area’s zoning flexibility may allow for a range of commercial applications, offering long-term adaptability. Located within the Henagar Industrial Park, the site provides sufficient land area for future expansion or redevelopment opportunities, enhancing its appeal as both a stable income-producing asset and a long-term investment.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

12 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.41

LAND SF

192,100

ZONING

Industrial Retail

APN/PARCEL ID

09-03-07-0-001-008.006,09-03-07-0-001-008.008

ASK ABOUT THIS PROPERTY

Douglas McCulloughFreedom Real Estate and Capital, LLCMore Info
256-783-4158

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Douglas McCulloughFreedom Real Estate and Capital, LLCMore Info
256-783-4158

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