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971 Andrew Lee Dr 46,401 SF 100% Leased Industrial Building Henagar, AL 35978 For Sale
Investment Highlights
- ... 100% Occupied ?
- ... Industrial Retail Zoning
- ... Space for Expansion
- ... Access to Major Transportation Routes
Executive Summary
The property is currently 100% occupied and offers stable in-place income. The primary tenant recently executed an early renewal, extending their lease term by an additional five (5) years, resulting in approximately six-plus (6+) years of remaining term. This tenant occupies approximately 38,777 square feet of the building.
The remaining portion of the building is occupied by a long-standing local furniture vendor that utilizes the space for storage and has maintained a consistent presence under a month-to-month arrangement.
Situated on a spacious lot, the property spans an impressive area, providing ample space for potential expansion or future development. Its strategic location near Industrial Road ensures convenient access to major transportation routes, making it well-suited for businesses requiring logistical efficiency.
With its industrial zoning classification, the property is ideal for a variety of uses including manufacturing, warehousing, and distribution. Additionally, the surrounding area’s zoning flexibility may allow for a range of commercial applications, offering long-term adaptability.
Located within the Henagar Industrial Park, the site provides sufficient land area for future expansion or redevelopment opportunities, enhancing its appeal as both a stable income-producing asset and a long-term investment.
The remaining portion of the building is occupied by a long-standing local furniture vendor that utilizes the space for storage and has maintained a consistent presence under a month-to-month arrangement.
Situated on a spacious lot, the property spans an impressive area, providing ample space for potential expansion or future development. Its strategic location near Industrial Road ensures convenient access to major transportation routes, making it well-suited for businesses requiring logistical efficiency.
With its industrial zoning classification, the property is ideal for a variety of uses including manufacturing, warehousing, and distribution. Additionally, the surrounding area’s zoning flexibility may allow for a range of commercial applications, offering long-term adaptability.
Located within the Henagar Industrial Park, the site provides sufficient land area for future expansion or redevelopment opportunities, enhancing its appeal as both a stable income-producing asset and a long-term investment.
Property Facts
| Sale Type | Investment | Rentable Building Area | 46,401 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1986 |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 4.41 AC | No. Dock-High Doors/Loading | 2 |
| Zoning | Industrial Retail - Industrial / Retail | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 4.41 AC |
| Rentable Building Area | 46,401 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 2 |
| Zoning | Industrial Retail - Industrial / Retail |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kaleido Arts and Entertainment
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kaleido Arts and Entertainment | - | 99,999 SF | - | - |
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $166,705 CAD | |
| Land Assessment | $8,371 CAD | Total Assessment | $175,075 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$8,371 CAD
Improvements Assessment
$166,705 CAD
Total Assessment
$175,075 CAD
Contacts
-
Douglas McCullough -
Gunny Hoyt -
Leshia Bodo -
Freedom Real Estate and Capital, LLC
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971 Andrew Lee Dr
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