Commercial Real Estate in Iuka available for sale
Iuka NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Iuka, MS, USA

More details for 103 Atlanta Ave S, Sheffield, AL - Industrial for Sale

Shoals Industrial Warehouse - 103 Atlanta Ave S

Sheffield, AL 35660

  • NNN Property
  • Industrial for Sale
  • $2,957,150 CAD
  • 64,062 SF

Sheffield Industrial for Sale

Marcus and Millichap is pleased to present the opportunity to acquire the property located at 103 South Atlanta Ave, Sheffield, AL, part of the Florence / Muscle Shoals MSA. This + 64,000 SF industrial facility is 100 percent leased and situated on 1.47 acres in downtown Sheffield, which is four miles south of downtown Florence and just north of Muscle Shoals. The MSA is the second most populated in Northeast Alabama behind Huntsville with a total population of 150,000 with proximity to Nashville, Huntsville, and Birmingham. The building is anchored (71%) by David Christopher’s Inc. permanent showroom and warehouse. David Christopher’s, Inc. designs and develops florals, home décor, and other seasonal products that are offered wholesale to small business owners. They also have a brick and mortal retail store close by in Sheffield. The company has a massive online presence and was named one of America’s Top 70 Small Businesses by the US Chamber of Commerce in 2023 out of over 15,000 applicants. The purchase of this offering presents an investor with the opportunity to acquire a fully occupied industrial asset in a well positioned location with below-market rents and a credit tenant. David Christopher’s has recently exercised their first (of two) 3-year year renewal options, and the seller will sign a 3-year lease at closing at $5/SF NNN with 3% increases. At the current list price of $2,125,000, the investment generates an in-place net operating income of $167,000. The combined current annual lease rate of $2.66/SF is well below market presenting considerable upside.

Contact:

Marcus & Millichap

Property Subtype:

Warehouse

Date on Market:

2025-11-25

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More details for 313 2nd St, Belmont, MS - Retail for Sale

Jack’s Family Restaurants - 313 2nd St

Belmont, MS 38827

  • NNN Property
  • Retail for Sale
  • $2,551,266 CAD
  • 3,572 SF
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More details for 2900 Highway 72 W, Corinth, MS - Retail for Sale

Huddle House - 2900 Highway 72 W

Corinth, MS 38834

  • NNN Property
  • Retail for Sale
  • $1,079,646 CAD
  • 2,534 SF
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More details for 1203 N 2nd St, Booneville, MS - Retail for Sale

Huddle House - 1203 N 2nd St

Booneville, MS 38829

  • NNN Property
  • Retail for Sale
  • $596,249 CAD
  • 2,049 SF
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More details for 904 US-72, Corinth, MS - Retail for Sale

Pizza Hut - 904 US-72

Corinth, MS 38834

  • NNN Property
  • Retail for Sale
  • $2,286,200 CAD
  • 2,100 SF
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NNN Properties For Sale

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