Historical Industrial Sale Listing - Dayton Superior

Industrial For Sale

This Industrial property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Industrial For Sale, Birmingham, AL or Alabama

Dayton Superior

1401 Meadowcraft Road, Birmingham, AL 35125

N/A

260,000 SF | Industrial

  • Print

Industrial Property - Off Market

Price:
N/A
Building Size:
260,000 SF
Property Type:
Industrial
Property Sub-type:
Manufacturing
Additional Sub-types:
Distribution Warehouse
Property Use Type:
Investment
Cap Rate:
8%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
1969
Lot Size:
29 AC
Listing ID
14266480
Last Updated
over 1 year ago

Utilities

Highlights

  • Property Located in Strong Industrial Corridor
  • Stable, Cash Flowing Investment
  • True NNN Lease-No Landlord Obligations
  • 7.5% Rent Increase every 3rd Year

Description

Dayton Superior Corporation is North America's leading manufacturer of accessories for the concrete and masonry construction industries This is a true NNN offering, with approximately 16.5 years remaining on what was originally a 20 year lease. There are 2-10 year options on the lease as well. At COE, property will generate $413,875 in income, before debt service. The property is well maintained with rent that is considered below the prevailing market. Recent capital improvements to the site exceed $2,000,000, and include a new "skin" on the buildings, as well as additional power, an overhead crane and fresh water for their manufacturing process. All of the improvements were paid for by the tenant.

10 Miles from Downtown Birmingham
Ready Access to Rail, Air, Interstate Hwy and Barge
Growing Manufacturing Center
Expanding Employer Base

Map of 1401 Meadowcraft Road, Birmingham, AL 35125 (Jefferson County)

Research for 1401 Meadowcraft Road, Birmingham, AL 35125

  • Demographics – Population, income & other demographics near 1401 Meadowcraft Road
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
Created 7/12/2005