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Highlights

  • Scale Creates Advantage; Control the Supply Chain; Stable Exchange Candidate ; Built-In Expansion Capacity
  • It is located less than 2 miles from Interstate 59, distance translates into time. Time translates into cost efficiency.
  • Hightway proximity makes this asset structure UNIQUE within the regional market.
  • Landmark-Level Visibility; Strategic Location and Elevation.
  • The combination of scale, dock capacity, expansion land, landmarks visibility, and
  • It may offer substantial long-term branding or signage potential assets subject to local approval.

Features

Clear Height
14’
Column Spacing
60’ x 40’
Warehouse Floor
6”
Drive In Bays
1
Exterior Dock Doors
31
Levelers
10
Standard Parking Spaces
70

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 408,000 SF
  • 3-10 Years
  • $4.20 /SF/YR $0.35 /SF/MO $1,713,600 /YR $142,800 /MO
  • Industrial
  • Full Build-Out
  • Now

$0.35 sf /month base rent + $0.06 sf/month triple net Prime warehouse space located in Gadsden, Alabama. 31 Loading Docks, independent traffic light stop. Suitable for logistic warehousing.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • 1 Drive Bay
  • 31 Loading Docks
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 408,000 SF 3-10 Years $4.20 /SF/YR $0.35 /SF/MO $1,713,600 /YR $142,800 /MO Industrial Full Build-Out Now

1st Floor

Size
408,000 SF
Term
3-10 Years
Rental Rate
$4.20 /SF/YR $0.35 /SF/MO $1,713,600 /YR $142,800 /MO
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 408,000 SF
Term 3-10 Years
Rental Rate $4.20 /SF/YR
Space Use Industrial
Build-Out Full Build-Out
Available Now

$0.35 sf /month base rent + $0.06 sf/month triple net Prime warehouse space located in Gadsden, Alabama. 31 Loading Docks, independent traffic light stop. Suitable for logistic warehousing.

  • Listed rate may not include certain utilities, building services and property expenses
  • 1 Drive Bay
  • Space is in Excellent Condition
  • 31 Loading Docks

Property Overview

Executive SummEXECUTIVE SUMMARY Property: 601 Tuscaloosa Ave, Gadsden, AL Property Type: Industrial / Warehouse Building Size: ±408,000 SF Offering Price: $21,990,000 Cap Rate: ~8.0% In-Place Investment Profile: High Yield + Below-Market Financing + Significant Upside Potential ____ INVESTMENT HIGHLIGHTS • Strong In-Place Cash Flow Current annual NOI of approximately $1.75M provides immediate stable income from day one. • Exceptional IRR Potential Combination of below-market acquisition basis, rental upside, and attractive seller financing creates a highly leveraged return profile for investors. • Below-Market Rental Rates Current rents are estimated to be 25%–30% below prevailing market rates, offering meaningful mark-to-market upside upon lease renewal or repositioning. • Short-Term Lease Creates Value-Add Opportunity Current lease structure of 3 years plus renewal option provides flexibility to significantly increase rental income and asset value over the near term. • Attractive SELLER Financing Available Rare opportunity to secure financing substantially below current market interest rates: — 30% Down Payment — 4.5% Interest Rate — 25-Year Amortization — Flexible Structure This financing structure dramatically improves cash-on-cash returns and overall investor IRR. • Institutional-Scale Industrial Asset ±408,000 SF facility offers scale highly attractive to institutional investors, private equity groups, REITs, and 1031 exchange buyers. • Strategic Industrial Location Located within Northeast Alabama’s expanding industrial and logistics corridor, benefiting from ongoing manufacturing and distribution growth throughout the Southeast. ——- FINANCIAL OVERVIEW Current Rental Rate: Approximately $4.20 / SF / Year Annual Gross Income: Approximately $1,713,600 Lease Structure: 3 Years Remaining + Renewal Option Potential extension flexibility up to 5 years. Current NOI: Approximately $1.75M Cap Rate (As-Is): ~8.0% —— PRO FORMA UPSIDE POTENTIAL Estimated Market Rent: $5.50 – $6.00 / SF Projected NOI: Approximately $2.2M – $2.4M Potential Future Cap Rate on Cost: 10%+ Potential Estimated Value Creation: Substantial upside through future lease restructuring and rental rate normalization. ___ WHY THIS DEAL STANDS OUT In today’s higher interest rate environment, opportunities combining: • Immediate 8% cash yield • Below-market seller financing • Institutional-scale industrial product • Short-term value-add potential • Future NOI growth • Strong leveraged IRR profile are increasingly difficult to find. This offering presents a rare opportunity to acquire a large-scale industrial asset with stable current income, future rental upside, and financing terms that materially enhance investor returns. Ideal for: • 1031 Exchange Buyers • Private Equity Investors • Family Offices • Industrial Owner-Users • Yield-Oriented Investors Seeking Inflation Protection Confidentiality Agreement Required For Additional Financial & Property Information. —— PROPERTY OVERVIEW The property represents a rare opportunity to acquire a large-scale industrial logistics facility at a price level significantly below current replacement cost. A large industrial facilities of this scale remain limited in many secondary markets, which enhances the long-term value potential of the asset. This pricing allows investors to acquire a stabilized industrial asset with strong income potential while maintaining a substantial margin relative to replacement value. Insurance underwriting estimates the replacement value at over $27.8 million. Significant Recent Improvements More than $4-5 million invested between 2024 and 2026 in structural and operational upgrades. SELLER FINANCING ADVANTAGE To facilitate a smooth transaction and enhance investor returns, the owner is willing to provide seller financing at a preferential interest rate, subject to mutually agreed terms. Seller financing can significantly reduce transaction timelines while providing qualified buyers with flexible financing conditions that may be more favorable than traditional bank lending. STRATEGIC MARKET ADVANTAGE The property benefits from access to a large regional market within a practical logistics distribution radius. Within approximately a 350-mile transportation range, the facility can serve major population centers throughout the southeastern United States. This regional coverage allows logistics operators to efficiently distribute goods across multiple states while operating from a centralized facility. CORPORATE VALIDATION The property’s industrial capability has been validated through historical operations or evaluation by major international companies, including: • Goodyear Tire & Rubber Company – Long-term industrial operations for over 40 years • TS Tech Co., Ltd. – Automotive supply chain supplier within the Honda network • DHL – Global logistics company that conducted detailed due diligence • Thyssenkrupp – International industrial manufacturing group • Lockheed Martin – Aerospace and defense technology company • Takkion – Renewable energy logistics operator currently utilizing the facility SAFETY AND BUILDING MAINTENANCE The building’s fire protection systems are professionally maintained by Total Fire Protection of Alabama, a recognized regional fire safety service provider. Regular inspections ensure that the fire protection systems remain fully operational. STRATEGIC LOGISTICS AND DISTRIBUTION LOCATION Positioned to support regional transportation and logistics networks. IDEAL FOR RENEWABLE ENERGY LOGISTICS OPERATIONS Suitable for companies supporting solar field, wind energy, renewable infrastructure, and technical service operations. LARGE EQUIPMENT STORAGE AND STAGING CAPACITY Ample space for storing specialized equipment, maintenance tools, and operational assets. SUPPORT FOR FIELD TECHNICIAN NETWORKS Infrastructure capable of supporting field technicians, training coordination, and equipment preparation. SUITABLE FOR O&M AND INDUSTRIAL SERVICE OPERATIONS, REGIONAL DISTRIBUTION AND SERVICE HUB POTENTIAL Capable of functioning as a central hub for regional logistics.CONFIDENTIAL DISCUSSIONS Qualified investors and operating companies are welcome to explore this opportunity through confidential discussions. * * * * * We continue to looking forward to find a long-term rental companies willing to sign contracts for 5 to 10 years.

Warehouse Facility Facts

Building Size
408,000 SF
Lot Size
17.00 AC
Year Built/Renovated
1952/2026
Construction
Masonry
Sprinkler System
Wet
Water
City
Sewer
City
Heating
Gas
Gas
Natural
Power Supply
Amps: 1,600 Volts: 277-480 Phase: 3 Wire: 4
Zoning
Industrial - — Commercial and Light Industrial. — Logistics companies to Distribution Center. — For heavy pallets storage, Solar penal, Glass, Car tires, Car seats
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 34730228

  • Date on Market: 2/5/2025

  • Last Updated:

  • Address: 601 Tuscaloosa Ave, Gadsden, AL 35901

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