Share This Listing

Message

949 characters remaining

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

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Mixed-use facility featuring 20,000 square feet of warehouse space and 12,000 square feet of office space.
  • Positioned on 4.16 acres with 38 parking spaces and M-1 light industrial zoning for flexibility of use.
  • Located just minutes from I-10 and Eastern Shore Centre with excellent connectivity to Mobile and Pensacola.
  • 93% leased, anchored by Techline International on a long-term commitment, providing stable income.
  • Recent capital improvements include restriping, refreshing exterior elements, new roll-up doors, and site enhancements.
  • Surrounded by strong demographics and economic growth in Baldwin County, a top-performing metro area for expansion.

Executive Summary

Stoic Equity Partners is pleased to present the opportunity to acquire 30466 Sgt. E.I. Boots Drive, a 32,000-square-foot office and warehouse asset. The property consists of a single building featuring a highly functional layout, with approximately 6,000 square feet of office space and 20,000 square feet of warehouse space on the first floor, fully occupied by a single tenant. The second floor is configured as multi-tenant executive office space, comprising 10 individual suites ranging from 100 to 780 square feet, currently leased to six tenants. The asset is 93% occupied and offers upside through lease-up of the remaining office suites and mark-to-market rent adjustments. Techline, the anchor tenant, occupies the entire 26,000-square-foot first floor, providing stable in-place income. The second-floor office component presents a value-add opportunity, with four suites currently available for lease. This investment represents a compelling opportunity to acquire a well-located, versatile asset with both stable cash flow and clear avenues for income growth through increased occupancy and rental rate optimization. Strategically located just minutes from the Eastern Shore Centre and top-rated Spanish Fort schools, the property benefits from excellent connectivity to both Mobile and Pensacola, making it an attractive location for a wide range of tenants. Positioned within Spanish Fort, Alabama—part of Baldwin County, one of the fastest-growing counties in the United States—the asset is supported by strong demographic trends, including a population of approximately 246,000 and annual growth of 3.2%. The region’s expanding economic base, driven by commerce, healthcare, education, and tourism, continues to fuel its emergence as one of the nation’s fastest-growing metropolitan areas.

Property Facts

Price $6,570,553 CAD
Price Per SF $205.33 CAD
Sale Type Investment
Cap Rate 7.40%
Property Type
Flex
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 4.16 AC
Rentable Building Area 32,000 SF
No. Stories 2
Year Built 2009
Parking Ratio 1.19/1,000 SF
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 2
Zoning M1 - Light Industrial ( Office/Warehouse)
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
32-07-25-0-000-001.107
Land Assessment
$113,390 CAD
Improvements Assessment
$822,484 CAD
Total Assessment
$935,874 CAD
  • Listing ID: 41113262

  • Date on Market: 2026-06-30

  • Last Updated:

  • Address: 30466 Sgt E I Boots Thomas Dr, Spanish Fort, AL 36527

Link copied
Your LoopNet account has been created!

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() }} charactercharacters 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") }}