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428 Industrial Ln 81,795 SF Industrial Building Birmingham, AL 35211 $7,750,000 ($94.75/SF) 7.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Located in the Oxmoor Valley submarket
- Renovated in 2023; New roof 2025
- Secured fenced and gated loading area
- Prime access to I-65
EXECUTIVE SUMMARY
Cushman & Wakefield | EGS, as the exclusive listing broker, is pleased to offer to qualified investors the opportunity to acquire a fully-leased ±81,795 square foot office, production and warehouse building, situated on ±6 acres and located at 428 Industrial Lane in the Oxmoor Valley submarket of Birmingham, Alabama (the “Property”). Simultaneously with the closing, Storyteller Overland will execute a new 10-year triple net lease with 3% annual increases. The Property currently serves as the corporate headquarters, primary
manufacturing and warehousing facility for Storyteller Overland (“Tenant”), the world’s most encompassing overlanding company. This mission-critical facility houses the company’s leadership, marketing, engineering and operations teams, and functions as the manufacturing and production location for Storyteller Overland’s adventure van product line, producing approximately 350 vehicles annually. Strategically located in the Oxmoor Valley submarket, a densely populated industrial corridor, the Property is ±7.5 miles from downtown Birmingham, has convenient access to Lakeshore Parkway and I-65, and is less than 20 minutes from the Birmingham-Shuttlesworth International Airport.
manufacturing and warehousing facility for Storyteller Overland (“Tenant”), the world’s most encompassing overlanding company. This mission-critical facility houses the company’s leadership, marketing, engineering and operations teams, and functions as the manufacturing and production location for Storyteller Overland’s adventure van product line, producing approximately 350 vehicles annually. Strategically located in the Oxmoor Valley submarket, a densely populated industrial corridor, the Property is ±7.5 miles from downtown Birmingham, has convenient access to Lakeshore Parkway and I-65, and is less than 20 minutes from the Birmingham-Shuttlesworth International Airport.
PROPERTY FACTS
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 29-00-28-2-000-001.004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $763,580 |
PROPERTY TAXES
Parcel Number
29-00-28-2-000-001.004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$763,580
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428 Industrial Ln
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