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277 Westchester Portfolio Sale 2 Industrial Properties Offered at $7,861,000 in Madison, AL
Investment Highlights
- Investment opportunity in the Jetplex area.
- NNN leased.
- BLDG 1: 7-year lease commences 11/01/2025 (Tenant: OHM)
- 60,000 Total SF comprised of 2 buildings.
- 10-year property tax abatement transferable to buyer.
- BLDG 2: 10- year lease commences 01/01/2026 (Tenant: WIttichen Supply)
Executive Summary
This 100% occupied investment opportunity in the Jetplex area boasts a 7 year lease and a 10 year lease. Totaling 60,000 SF, the opportunity is comprised of two (30,000 SF each) buildings. OHM Intl occupies Bldg 1, and Wittichen Supply occupies Bldg 2.
Property Facts
| Price | $7,861,000 | Number of Properties | 2 |
| Price / SF | $131.02 / SF | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 60,000 SF |
| Sale Type | Investment | Total Land Area | 11.40 AC |
| Status | Under Contract |
| Price | $7,861,000 |
| Price / SF | $131.02 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 60,000 SF |
| Total Land Area | 11.40 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 277 Westchester Road, Madison, AL 35758 | Industrial | 30,000 SF | 2025 | - |
| 277 Westchester Rd, Madison, AL 35758 | Industrial | 30,000 SF | 2025 | - |
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277 Westchester Portfolio Sale
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