1401 Industrial Park Dr | Tuscaloosa, AL 35401
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1401 Industrial Park Dr
Tuscaloosa, AL 35401
STNL Industrial with 2.5 Year Term Remaining · Industrial Property For Sale
Investment Highlights
- The property is 100%-leased through late 2023 on an absolute net basis to Faurecia, the world’s largest provider of vehicle interiors.
- Faurecia will be vacating the building at the end of their term, providing the opportunity to mark existing rents to market with a new tenant.
- The property is expandable, well parked, fully conditioned, and contains all necessary utilities for manufacturing purposes.
- In one of two major industrial parks in the Tuscaloosa market and immediately adjacent to the Tuscaloosa Regional Airport and near Highway 82.
- The location is ideal for industrial logistics only six miles to I-20, an east-west freeway to Birmingham and Dallas.
- The Tuscaloosa County industrial market ended Q1 2021 with a vacancy rate of 4.9%. The vacancy rate has remained below 7% since 2012.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1990 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.36/1,000 SF |
| Lot Size | 15.00 AC | Clear Ceiling Height | 30 FT |
| Rentable Building Area | 122,724 SF | No. Dock-High Doors/Loading | 10 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 3 |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 15.00 AC |
| Rentable Building Area | 122,724 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.36/1,000 SF |
| Clear Ceiling Height | 30 FT |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 3 |
Utilities
- Lighting
- Gas - Natural
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 31-04-18-4-002-001.005 | Improvements Assessment | $1,220,220 |
| Land Assessment | $63,000 | Total Assessment | $1,283,220 |
PROPERTY TAXES
Parcel Number
31-04-18-4-002-001.005
Land Assessment
$63,000
Improvements Assessment
$1,220,220
Total Assessment
$1,283,220
zoning
| Zoning Code | ML |
| ML |
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