108 Walter Davis Dr

Highlights

• Investment Sale
• Rent rate is under market
• Absolute NNN Lease with 2% Annual Increase & 4 (5 Year Options)
• 3 Buildings on three separate Parcels
• 43,600 SF of Warehouse, 3,500 SF of Office Space
• Ample onsite parking for employees and customers
• Dense Retail Corridor Along Interstate 65
• Near Abutting Railroad
• The 5-mile trade area is supported by nearly 187,000 residents and more than 225,700 employees with an estimated average household income of $73,374.
• 1.4± Miles from Interstate I-65 with traffic counts of 124,840 AADT
• 4.5± Miles from Samford University
• 10.4± Miles from Birmingham-Shuttlesworth International Airport

Description

Introducing a prime investment opportunity in the heart of Homewood, AL. This 47,100 SF, 1-unit property, built in 1979 and renovated in 2020, offers an exceptional investment potential for industrial/warehouse/distribution investors. With 100% occupancy and a prime location zoned I-3: Light Industrial, this property boasts an absolute NNN lease with annual increase, ample onsite parking, and a strategic position near Interstate 65 and Birmingham-Shuttlesworth International Airport. The property includes 43,600 SF of warehouse and 3,500 SF of office space, making it an attractive proposition for savvy investors seeking long-term returns.

Discover an opportunity within the vibrant Birmingham market. Located in Homewood, AL, the area surrounding the property offers a prime location for Industrial/Warehouse/Distribution investors. Embrace the convenience of being near major transportation routes and the Birmingham-Shuttlesworth International Airport. Explore a range of nearby attractions, such as the Birmingham Zoo, Vulcan Park and Museum, and the Birmingham Botanical Gardens. Enjoy the diverse dining and retail options in the thriving downtown area. With its strategic positioning and access to amenities, the location provides an ideal foundation for industrial and commercial success.

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