Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the value-add industrial property located at 108 Bama Ln, Clanton, Alabama. The industrial buildings total 14,000 square-feet, and rests on 6.14 acres of land with M2 zoning. The subject property features one dock door, eight drive-in/roll up doors,, and prime excess industrial land suitable for expansion or IOS. Offered well-below replacement cost, the property offers significant value-add opportunity through filling vacancy or is an ideal space for an owner user. Located in an industrial corridor, the subject property is well positioned in proximity to Interstate-65, Birmingham, and Montgomery. The Birmingham-Hoover metro contains a population of roughly 1.2 million residents in north central Alabama. The metro is composed of Jefferson, Bibb, Shelby, Blount, Chilton, Walker and St. Clair counties. The most populous city is Birmingham, with more than 200,000 people, followed by Hoover and Vestavia Hills with 93,100 and 37,900 residents, respectively. Population growth is expanding outward from the city along the interstate system into next-ring cities like Alabaster.