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1401 Meadow Craft Rd, Buildings B & C

2 Properties Offered at $3,800,000 in Birmingham, AL

Investment Highlights

  • Unique with manufacturing, office and an additional approx 4 acre pad site
  • Well-located with access to 4 major interstates
  • Long term lease in place for warehouse
  • High visibility from US Hwy 79
  • Minutes from Birmingham-Shuttlesworth International Airport
  • Approximately 20 acres

Executive Summary

Introducing 1401 Meadow Craft Rd in Birmingham, AL, a prime multi-tenant property offering a lucrative investment opportunity. Boasting a strategic location in the bustling Pinson Valley Parkway Industrial Corridor, this property features two buildings - one with a long-term tenant called The A588 & A572 Steel Company. Building B is fully leased to The A588 & A572 Steel Company on a 10-year lease while Building C offers a value-add opportunity with 11,500 SF of vacant office space. The property benefits from its proximity to major transportation routes and Birmingham International Airport, making it an ideal industrial investment in a market experiencing significant growth. With a financially secure tenant and room for future expansion on nearly 20 acres of land, this property presents a compelling opportunity for investors looking to capitalize on the booming industrial sector in Birmingham.

Data Room Click Here to Access

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $3,800,000
Price / SF $49.67 / SF
Cap Rate 9.61%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 76,500 SF
Total Land Area 19.50 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building C
1401 Meadow Craft Rd, Birmingham, AL 35215
Office 11,500 SF 1969 -
Building B
1401 Meadow Craft Rd, Birmingham, AL 35215
Industrial 65,000 SF 1969 -
Show More > < Show Less
  • Listing ID: 32083712

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 1401 Meadow Craft Rd, Buildings B & C, Birmingham, AL

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