Industrial Facility 100% Leased to Fortune 500 Company in Anniston, Alabama

Industrial

35 Fish Hatchery Lane Anniston, Alabama
Price:
$ 13,460,000
Property Size:
97,000 sqft
Cap Rate:
6.25%
NOI:
$ 841,340
Lot Size:
12.46 acres
Status:
Sale

S&P BBB Fortune 500 Rated Logistics Company – Anniston, AL from 3EAI on Vimeo.

Tenant/Guarantor: S&P BBB Small Package Logistics Provider
Use: Industrial
Acreage: 12.46 Acres
Rentable Building Area: 97,000 SF
Expense Structure: NN – (Roof and Structure)
Rent Increases: Flat with 5.00% increases in year 6 and in option periods
Lease Commencement Date: October 2019
Primary Term Expiration: September 2029
Initial Term: 10 Years
Current Annual NOI: $841,340
Option Periods: Two (2), five (5) year options
Year Built: 2014 (Expanded in 2019)
Rent Per Square Foot: $8.66

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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

Ken Hedrick
Executive Managing Director
918.878.9540
Jerry Hopkins
Executive Managing Director
918.878.9536
D. Andrew Ragsdale, Esq.
Senior Managing Director
918.878.9535

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