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120 County Shop Rd
Birmingham, AL 35217
Industrial Property For Sale
Executive Summary
Cushman & Wakefield | EGS, as the exclusive listing broker, is pleased to offer for sale 120 County Shop Road, (the “Property”) a fully-leased ±35,885 square foot production/warehouse building in Birmingham, AL on ±8.87 acres.
This property is currently leased to CORE Linen Services ("CORE" or the "Tenant"), formerly known as Crothall Laundry Services, Inc. CORE has committed to a 15-year absolute triple net lease, commencing from August 2023 with contractual lease payments extending through August 2038. Moreover, the Property serves the renowned UAB Healthcare System boasting over 1,100 beds, located a mere 15 minutes away from the location. CORE Linen Services, Inc., backed by a full guarantee from HCLS Intermediate, LLC, a subsidiary of H.I.G. Capital, operates as a leading provider of outsourced laundry and linen management services catering to the healthcare and hospitality sectors. With a national network spanning 29 operating locations, serving over 1,500 customers and supported by 2,000 employees across 90 cities, this location processes approximately 11 million pounds of linens annually, further solidifying its pivotal role in supporting the UAB Hospital System.
Strategically located in a densely populated industrial corridor just 10.5 miles northeast of downtown Birmingham and conveniently close to Birmingham-Shuttlesworth International Airport, the Property enjoys easy access to major highways, including Interstate 65 and Pinehill Rd.
This property is currently leased to CORE Linen Services ("CORE" or the "Tenant"), formerly known as Crothall Laundry Services, Inc. CORE has committed to a 15-year absolute triple net lease, commencing from August 2023 with contractual lease payments extending through August 2038. Moreover, the Property serves the renowned UAB Healthcare System boasting over 1,100 beds, located a mere 15 minutes away from the location. CORE Linen Services, Inc., backed by a full guarantee from HCLS Intermediate, LLC, a subsidiary of H.I.G. Capital, operates as a leading provider of outsourced laundry and linen management services catering to the healthcare and hospitality sectors. With a national network spanning 29 operating locations, serving over 1,500 customers and supported by 2,000 employees across 90 cities, this location processes approximately 11 million pounds of linens annually, further solidifying its pivotal role in supporting the UAB Hospital System.
Strategically located in a densely populated industrial corridor just 10.5 miles northeast of downtown Birmingham and conveniently close to Birmingham-Shuttlesworth International Airport, the Property enjoys easy access to major highways, including Interstate 65 and Pinehill Rd.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.55% | Year Built/Renovated | 2000/2017 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 1.06/1,000 SF |
| Building Class | B | Clear Ceiling Height | 22’ |
| Lot Size | 8.87 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 35,885 SF | No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-1 - Light Industrial | ||
| Sale Type | Investment |
| Cap Rate | 6.55% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 8.87 AC |
| Rentable Building Area | 35,885 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2000/2017 |
| Tenancy | Single |
| Parking Ratio | 1.06/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-1 - Light Industrial |
Amenities
- Fenced Lot
Property Taxes
| Parcel Number | 13-00-29-4-000-001.004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $330,980 |
Property Taxes
Parcel Number
13-00-29-4-000-001.004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$330,980
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