This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

947 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Coral Industries 600 64th Ave

67,659 SF Flex Building Northport, AL 35476 $5,500,000 ($81/SF) 7.85% Cap Rate

Flex Space Alabama Northport 600 64th Ave, Northport, AL 35476

Investment Highlights

  • Originally a 10-Year Lease with Approximately 3 Years Remaining
  • Absolute NNN Lease with No Landlord Responsibilities
  • Owned by KPS Capital Partners, Approximately $21.4 Billion of Assets Under Management
  • Rare Annual Increases of $18,000/Year in Base Term and Options, Equates to More Than 4% Annual Increases
  • Coral Industries is the Largest Independent Manufacturer of Bath Enclosures
  • $5.2 Million Northport Facility is Home to Coral’s Architectural Division

Property Facts

Price $5,500,000 Lot Size 6.70 AC
Price Per SF $81 Rentable Building Area 67,659 SF
Sale Type Investment NNN No. Stories 1
Cap Rate 7.85% Year Built/Renovated 1999/2016
Property Type Flex Tenancy Single
Property Subtype
Showroom
  • General Retail Storefront
  • Industrial Warehouse
  • FlexLight Distribution
 No. Drive In / Grade-Level Doors 10
Building Class C
Price $5,500,000
Price Per SF $81
Sale Type Investment NNN
Cap Rate 7.85%
Property Type Flex
Property Subtype
Showroom
  • General Retail Storefront
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 6.70 AC
Rentable Building Area 67,659 SF
No. Stories 1
Year Built/Renovated 1999/2016
Tenancy Single
No. Drive In / Grade-Level Doors 10

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Links

1 of 1

PROPERTY TAXES

Parcel Number 31-04-18-1-002-007.000 Improvements Assessment $179,180
Land Assessment $63,200 Total Assessment $242,380

PROPERTY TAXES

Parcel Number
31-04-18-1-002-007.000
Land Assessment
$63,200
Improvements Assessment
$179,180
Total Assessment
$242,380

zoning

Zoning Code M-1
M-1
(858) 373-3174

  • Listing ID: 33287826

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 600 64th Ave, Northport, AL 35476

More public record information on 600 64th Ave, Northport, AL 35476

The Flex Property at 600 64th Ave, Northport, AL 35476 is currently available For Sale. Contact Marcus & Millichap for more information.

Flex PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
600 64th Ave, Northport, AL for sale Building Photo- Image 1 of 3
Coral Industries (Northport, AL)
600 64th Ave, Northport, AL for sale Building Photo- Image 2 of 3
Coral Industries (Northport, AL)-5

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Coral Industries | 600 64th Ave
(858) 373-3174 x

Coral Industries | 600 64th Ave

1/2

Phil Sambazis

(858) 373-3174

(858) 373-3174

Eddie Greenhalgh

(205) 510-9111

(205) 510-9111

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link