285 Kershaw Industrial Boulevard Industrial
  • Asking Price
    $1.1MAsking Price
  • Cap Rate
    8.74%Cap Rate
  • Price/SF
    $97.69Price/SF
  • NOI
    $96,000NOI
  • Clear Height
    16Clear Height
  • Size
    11,250 SFSize

Description

285 Kershaw Industrial Boulevard is an 11,250 SF industrial flex property for sale in Montgomery, AL 36117. Its 16 ft clear height and sale-leaseback structure give investors a building with functional industrial space and a defined leasing arrangement.

Built in 2002 on 0.77 acres, the Property pairs its 16 ft clear height with two roll-up doors. Those features matter to industrial users moving goods between the building and the site, while the flex configuration serves businesses that need more than warehouse space alone. M-1 zoning defines the property's classification. For a buyer, the building specifications and parcel size put the physical asset behind the income figures in clear view.

In East Montgomery, the Property is close to Pike Road and less than 2 miles from I-85. That proximity gives an industrial occupier a direct connection to the interstate network for trips across Montgomery and beyond. Downtown Montgomery is +12.5 miles away, and I-65 is ±13.5 miles away. These distances place the building within reach of both the city center and another interstate connection without making either the basis of the investment case.

The asking price is $1,099,000, or $97.69 PSF, with $96,000 NOI and an 8.74% cap rate. The sale leaseback calls for $8,000 per month on an NNN lease with a 3 year term, giving an investor defined rent and lease structure to weigh alongside the building's industrial utility. The Offering Memorandum and Sale Brochure are the next step for a closer look at 285 Kershaw Industrial Boulevard.

Offering Summary

  • Asking Price
    $1,099,000
  • Price PSF
    $97.69
  • Property Type
    Industrial
  • Size
    11,250 SF
  • Built
    2002
  • Total Acres
    ~0.77 ac

Sale Details

  • Cap Rate
    8.74%
  • NOI
    $96,000

Documents

Property Address

285 Kershaw Industrial Boulevard
Montgomery, AL 36117

Property Details

  • Property Type
    Industrial
  • Square Feet
    11,250 SF
  • Year Built
    2002
  • Clear Height
    16 ft
  • Acres
    0.77
  • Zoning
    M-1

Deal Team

Perry Patiño profile image

Perry Patiño

Sales & Leasing Agent
Moore Company Realty