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Investment Sale 1235 Lagoon Business Loop 16,600 SF Industrial Building Montgomery, AL 36117 $3,011,775 CAD ($181.43 CAD/SF) 6% Cap Rate
Investment Highlights
- ±16,600 SF Class A industrial distribution facility
- Completed in 2023 with modern construction and minimal anticipated capital expenditures
- Located on ±1.01 acres within the established Lagoon Business Park
- 100% leased to the Alabama Alcoholic Beverage Control Board (ABC Board) – 10 Yr initial lease term (6 years remaining)
- Government-backed tenant providing stable, dependable cash flow
- Immediate access to I-85, I-65, Eastern Boulevard (US-80), and US Highway 231
Executive Summary
1235 Lagoon Business Loop is a recently constructed, institutional-quality industrial facility totaling approximately 16,600 square feet on 1.01 acres in Montgomery's highly desirable Lagoon Business Park. Completed in 2023, the property was purpose-built for the Alabama Alcoholic Beverage Control Board as its Montgomery Wholesale Distribution Center (Store #246), providing investors with a modern, low maintenance asset occupied by an essential state agency.
Property Facts
| Price | $3,011,775 CAD | Building Class | C |
| Price Per SF | $181.43 CAD | Lot Size | 1.01 AC |
| Sale Type | Investment | Rentable Building Area | 16,600 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2023 |
| Property Subtype | Distribution | Tenancy | Single |
| Price | $3,011,775 CAD |
| Price Per SF | $181.43 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 1.01 AC |
| Rentable Building Area | 16,600 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Tenancy | Single |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-07-36-3-000-002.003 | Improvements Assessment | $284,337 CAD |
| Land Assessment | $43,709 CAD | Total Assessment | $328,046 CAD |
Property Taxes
Parcel Number
04-07-36-3-000-002.003
Land Assessment
$43,709 CAD
Improvements Assessment
$284,337 CAD
Total Assessment
$328,046 CAD
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Investment Sale | 1235 Lagoon Business Loop
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