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TruckPro (FleetPride) 2424 18th St N 12,500 SF Retail Building Birmingham, AL 35234 $1,718,382 CAD ($137.47 CAD/SF) 6.31% Cap Rate
Investment Highlights
- Long-term NN lease with 6.7 years remaining and 1.5% annual rent increases.
- ±12,500 SF industrial facility on ±1.84 AC lot with 100% HVAC and ample paved yard.
- Minimal landlord responsibilities and two 5-year renewal options at fair market value.
- FleetPride is the nation’s largest independent distributor of heavy-duty truck and trailer parts.
- Prime infill location less than 2 miles from downtown Birmingham and adjacent to I-65 (±122,220 VPD).
- Post-merger, FleetPride operates 450+ locations nationwide, ensuring tenant stability.
Executive Summary
Matthews Real Estate Investment Services, Inc
License # 000110253 - 0, 000168807-0 (AL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
When TruckPro started out in 1958 as a small heavy-duty truck parts shop in Memphis, Tennessee, their goal was to be better than the next guy down the street or, even the next county over. It's all about trust, relationships, parts on the shelf and reliable delivery-do the right things and you've earned a customer for life. A lot has changed since 1958, but their know-how and passion for serving the needs of their customers hasn't wavered. No "fancy” parts look-up database systems, just some of the best trained and experienced truck parts professionals in the business-they'll put their team up against the ones across the street, and all across the country.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Property Taxes
| Parcel Number | 22-00-23-3-013-001.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $216,049 CAD |
Property Taxes
Presented by
TruckPro (FleetPride) | 2424 18th St N
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