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Single-Tenant Industrial

Airgas

714 E 2nd St, Sheffield, AL 35660

Listing Price: $1,149,000

Cap Rate
8.30%
Gross SF
12,000
Price/Gross SF
$95.75
Lot Size
0.72 acres
Year Built
1979
Rentable SF
12,000

Investment Overview

Exclusively Listed by Marcus & Millichap
714 E Second Street offers investors a rare opportunity to acquire a fully leased industrial property in the heart of Sheffield, Alabama. The asset consists of approximately 13,000 square feet of functional space, including office, training, and laboratory areas complemented by expansive warehouse capacity. The property is secured by a 10-year lease with Airgas USA, LLC, a nationally recognized industrial gas supplier, providing long-term income stability and minimal landlord responsibilities.
Strategically located in the Shoals region, this property benefits from strong industrial fundamentals, proximity to major transportation corridors, and access to a skilled workforce. The area’s diverse economic base, anchored by manufacturing and logistics, supports sustained demand for industrial facilities. With contractual rent escalations and a renewal option, this offering delivers predictable cash flow and attractive yield in a growing market.

Investment Highlights

  • Location: Sheffield, part of the Shoals region in Northwest Alabama
  • 10-year lease commenced on January 1, 2024, with a 5-year renewal option
  • Large Corporate Tenant Airgas USA

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Single-Tenant Industrial

Airgas

Listing Price: $1,149,000

Cap Rate
8.30%
Gross SF
12,000
Price/Gross SF
$95.75
Lot Size
0.72 acres
Year Built
1979
Rentable SF
12,000

Investment Highlights

  • Location: Sheffield, part of the Shoals region in Northwest Alabama
  • 10-year lease commenced on January 1, 2024, with a 5-year renewal option
  • Large Corporate Tenant Airgas USA

Investment Overview

Exclusively Listed by Marcus & Millichap 714 E Second Street offers investors a rare opportunity to acquire a fully leased industrial property in the heart of Sheffield, Alabama. The asset consists of approximately 13,000 square feet of functional space, including office, training, and laboratory areas complemented by expansive warehouse capacity. The property is secured by a 10-year lease with Airgas USA, LLC, a nationally recognized industrial gas supplier, providing long-term income stability and minimal landlord responsibilities. Strategically located in the Shoals region, this property benefits from strong industrial fundamentals, proximity to major transportation corridors, and access to a skilled workforce. The area’s diverse economic base, anchored by manufacturing and logistics, supports sustained demand for industrial facilities. With contractual rent escalations and a renewal option, this offering delivers predictable cash flow and attractive yield in a growing market.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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