Log In/Sign Up
Your email has been sent.
Frito Lay Last Mile Distribution Facility 1111 Emory Folmar Blvd 16,573 SF Industrial Building Montgomery, AL 36110 $8,520,447 ($514.12/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Purpose-built for Frito-Lay, reinforcing tenant commitment and operational necessity
- Backed by investment-grade credit via PepsiCo (NYSE: PEP)
- New construction minimizes near-term capital expenditures and enhances long-term durability
- Triple net lease with 2% annual increases and limited landlord obligations
- Located in Montgomery’s industrial corridor with direct access to I-85
EXECUTIVE SUMMARY
Offered for sale is a newly constructed, purpose-built distribution facility leased to Frito-Lay, a subsidiary of PepsiCo (NYSE: PEP), located in the heart of Montgomery’s industrial corridor. This ±16,573-square-foot facility sits on ±5.07 acres and was designed to support Frito-Lay’s regional logistics operations, underscoring the tenant’s long-term commitment and operational reliance on the site.
The property is secured by a 10-year triple net (NNN) lease with approximately 9.3 years remaining, featuring 2% annual rent escalations and minimal landlord responsibilities limited to roof and structure. With a current net operating income of $532,528 and a 6.25% cap rate, this asset offers passive, predictable cash flow backed by investment-grade credit.
Strategically positioned near Interstate 85, the site benefits from excellent connectivity to regional distribution routes and proximity to Montgomery’s established industrial base. The area is home to major employers, logistics hubs, and a growing population, making it a prime location for last-mile delivery and regional fulfillment.
This offering presents a rare opportunity to acquire a mission-critical facility with strong credit tenancy, long-term lease stability, and minimal management obligations in a high-demand logistics market.
The property is secured by a 10-year triple net (NNN) lease with approximately 9.3 years remaining, featuring 2% annual rent escalations and minimal landlord responsibilities limited to roof and structure. With a current net operating income of $532,528 and a 6.25% cap rate, this asset offers passive, predictable cash flow backed by investment-grade credit.
Strategically positioned near Interstate 85, the site benefits from excellent connectivity to regional distribution routes and proximity to Montgomery’s established industrial base. The area is home to major employers, logistics hubs, and a growing population, making it a prime location for last-mile delivery and regional fulfillment.
This offering presents a rare opportunity to acquire a mission-critical facility with strong credit tenancy, long-term lease stability, and minimal management obligations in a high-demand logistics market.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Frito Lay, a wholly-owned subsidiary of PepsiCo (N
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Frito Lay, a wholly-owned subsidiary of PepsiCo (N | - | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 04-08-33-1-000-009.000 | Improvements Assessment | $298,520 |
| Land Assessment | $86,200 | Total Assessment | $384,720 |
PROPERTY TAXES
Parcel Number
04-08-33-1-000-009.000
Land Assessment
$86,200
Improvements Assessment
$298,520
Total Assessment
$384,720
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Frito Lay Last Mile Distribution Facility | 1111 Emory Folmar Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.