108 Walter Davis Dr

Investment Overview

Introducing a prime investment opportunity in the heart of Homewood, AL. This 47,100 SF, 1-unit property, built in 1979 and renovated in 2020, offers an exceptional investment potential for industrial/warehouse/distribution investors. With 100% occupancy and a prime location zoned I-3: Light Industrial, this property boasts an absolute NNN lease with annual increase, ample onsite parking, and a strategic position near Interstate 65 and Birmingham-Shuttlesworth International Airport. The property includes 43,600 SF of warehouse and 3,500 SF of office space, making it an attractive proposition for savvy investors seeking long-term returns.

Investment Highlights

• Investment Sale
• Rent rate is under market
• Absolute NNN Lease with 2% Annual Increase & 4 (5 Year Options)
• 3 Buildings on three separate Parcels
• 43,600 SF of Warehouse, 3,500 SF of Office Space
• Ample onsite parking for employees and customers
• Dense Retail Corridor Along Interstate 65
• Near Abutting Railroad
• The 5-mile trade area is supported by nearly 187,000 residents and more than 225,700 employees with an estimated average household income of $73,374.
• 1.4± Miles from Interstate I-65 with traffic counts of 124,840 AADT
• 4.5± Miles from Samford University
• 10.4± Miles from Birmingham-Shuttlesworth International Airport