Historical Industrial Sale Listing - Interstate Battery

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Interstate Battery

440 Finley Blvd., Birmingham, AL 35204

N/A

9,550 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
9,550 SF
Property Type:
Industrial
Property Sub-type:
Office Showroom
Additional Sub-types:
Office-Warehouse
Free Standing Bldg
Property Use Type:
Net Lease Investment with
5 years left on lease
Cap Rate:
10%
No. Stories:
1
Tenancy:
Single
Clear Ceiling Height:
16 ft.
Dock-High Doors/Loading:
1
Drive In/Grade-Level Doors:
8
Lot Size:
35,720 SF
Listing ID
18361255
Last Updated
87 days ago

Utilities

  • Fenced Yard
  • Electricity/Power

Highlights

  • Triple net lease
  • Interstate Battery: International 1 billion plus privately held corporation
  • Rent increases: 5% ANNUALLY
  • Structure & Site can accomodate many types of users with little, if any, adaptation
  • Highly visable, easy access, in central location to major transportation routes
  • Re-structure to lease for extended term & rent adjustment possible in early 2014

Description

Site approx. .82 acres, corner lot with 187ft. fronting Finley Blvd. (6 lanes) , 170ft fronting 5th Street and improved with a 9550 sqft Ofc-Warehouse. Good access from Finley or 5th. Basically level site with high visability. There is a median cut and turn lane at 5th Street. Current use as a distribution center by Interstate Batteries System of America, Inc. The existing structure contains an 800 sqft office/showroom with typical interior finish and two restrooms. Built on a concrete slab foundation with brick on masonry exterior walls, metal roof connected to the 8750 sqft warehouse with concrete slab foundation, metal roof, steel trusses and metal corrugated exterior walls (some masonry blocks. Warehouse also contains a two restroom, 8 drive-in on grade bays each with rollup doors, 1 dock height bay and 16 ft. ceiling height. Building is T shaped. Other improvements include 23,000 sqft of either asphalt or concrete surface, fenced and cross fenced with exterior lighting and an electronic sign board on front. Note: There is an addition to warehouse (east side) and fencing not shown on "birds eye aerial" below.

NE corner of Finley Blvd. and 5th Street. This area is primarily industrial use with manfacturing, distribution and service companies related to trucking and distribution. Area includes American Cast Iron Pipe Co. HQ and production plant, food distribution and multi-tenant industrial parks. Site is directly across from a large rail-truck intermodal yard. Finley Blvd. is east-west connector between I-65 (1.5 miles east) and US Hwy 78 (1/4 mile west), both major north-south trucking routes. From US 78 connect to I-20&59 less than 1/2 mile south.
I-22 NW (soon to completly open) access is 4 miles north off of I-65.

Map of 440 Finley Blvd., Birmingham, AL 35204 (Jefferson County)

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