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Flowers Foods Distribution Hub 612 Glover 6,747 SF Industrial Building Enterprise, AL 36330 $1,704,041 ($252.56/SF) 7.25% Cap Rate



Investment Highlights
- NNN LEASE | ± 7.2 YEARS OF REMAINING TERM
- INDUSTRY-LEADING TENANT | 100+ YEARS OF OPERATING HISTORY | FLO (NYSE)
- STRONG REGIONAL CONNECTIVITY | ACCESS TO HIGHWAYS & REGIONAL BAKERIES
- INVESTMENT GRADE PARENT COMPANY | FLOWERS FOODS, INC | BBB- (S&P)
- BUILD-TO-SUIT | 2021 CONSTRUCTION | 12 DOCK DOORS
- NEARBY RETAIL CORRIDOR | NATIONAL TENANTS
Executive Summary
Exclusively Listed By:
Chris Guida | Director | 917.451.8294 | cguida@tradenetlease.com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com
In association with Jon Nesbitt | AL License #: 100559
Chris Guida | Director | 917.451.8294 | cguida@tradenetlease.com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com
In association with Jon Nesbitt | AL License #: 100559
Property Facts Under Contract
| Price | $1,704,041 | Lot Size | 2.68 AC |
| Price Per SF | $252.56 | Rentable Building Area | 6,747 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.25% | Year Built | 2020 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 4.73/1,000 SF |
| Building Class | B | ||
| Zoning | B-1 - Business district | ||
| Price | $1,704,041 |
| Price Per SF | $252.56 |
| Sale Type | Investment NNN |
| Cap Rate | 7.25% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 2.68 AC |
| Rentable Building Area | 6,747 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Tenancy | Single |
| Parking Ratio | 4.73/1,000 SF |
| Zoning | B-1 - Business district |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $32,150 | |
| Land Assessment | $21,750 | Total Assessment | $53,900 |
Property Taxes
Parcel Numbers
Land Assessment
$21,750
Improvements Assessment
$32,150
Total Assessment
$53,900
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Flowers Foods Distribution Hub | 612 Glover
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