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1110 Emory Folmar Blvd 21,230 SF Industrial Building Montgomery, AL 36110 $1,668,071 ($78.57/SF) 7% Cap Rate
Investment Highlights
- NOI of $116,765 | 7% cap rate | 3% Annual Increases
- Leased to Mr. Electric- National tenant with established operations and strong credit profile ~4 years of remaining lease term
- Power and infrastructure in place 480V / 3-phase power
- Below market rents create clear upside
- 4 dock-high doors plus 1 roll-in door
- 17’–21’ ceilings
Executive Summary
1110 Emory Folmar Blvd presents a compelling investment opportunity in one of Montgomery’s most established industrial parks. This well maintained warehouse property is leased to a strong credit tenant, Mr. Electric, and offers stable cash flow with approximately four years remaining on the current lease.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
10,000-22,000 SF Available (Divisable) 2 x 20 Ton HVAC units for warehouse space (entire 21,230 SF is heated/cooled) 3 phase power & 2 phase power 3 truck docks Ceiling Heights 17-21 FT Fire rated walls Yard space ± 1 mile to Northern Blvd ± 6.5 miles to I-65 ± 7.5 miles to I-85
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 21,230 SF | Flex | - | 30 Days |
1st Floor
| Size |
| 21,230 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| 30 Days |
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Videos
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Photos
Street View
Street
Map
1st Floor
| Size | 21,230 SF |
| Space Use | Flex |
| Build-Out | - |
| Available | 30 Days |
10,000-22,000 SF Available (Divisable) 2 x 20 Ton HVAC units for warehouse space (entire 21,230 SF is heated/cooled) 3 phase power & 2 phase power 3 truck docks Ceiling Heights 17-21 FT Fire rated walls Yard space ± 1 mile to Northern Blvd ± 6.5 miles to I-65 ± 7.5 miles to I-85
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 04-08-34-2-000-007.000 | Improvements Assessment | $175,700 |
| Land Assessment | $51,860 | Total Assessment | $227,560 |
Property Taxes
Parcel Number
04-08-34-2-000-007.000
Land Assessment
$51,860
Improvements Assessment
$175,700
Total Assessment
$227,560
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1110 Emory Folmar Blvd