Investment Overview

Marcus & Millichap is pleased to present for sale the industrial property located at 4200 Pinson Valley Parkway in Birmingham, Alabama. The offering is comprised of two buildings totaling +19,000 rentable square feet. The buildings sit on a 2.64-acre parcel, with ample yard space and great maneuverability for distribution. The buildings were constructed in 2001 by the current owner, and feature clear-span warehouse space, high ceilings, 11 grade-level doors ranging from 14’ to 16’ and 20’-24’ clear heights. Building two (10,500 SF) contains seven, 14’x12’ grade level doors, and 20’ clear heights, effectively breaking down the building into 1,500 SF bays. Currently, one of the seven has been divided, and all have been plumbed/metered offering the option to divide or leave the remaining six bays contiguous. In addition, a recently constructed shed provides the opportunity for an additional two doors and 1,800 square feet of enclosed space. The seller has operated Fun Source Party Rentals at the location since C/O and, upon the sale of the property, will execute a short-term NNN lease at a market rate of $8.50/SF. This opportunity is perfect for an owner-user looking to expand or an investor looking to lease and cash flow an asset in a low vacancy submarket (2.5 percent) with access to I-20 and 23,000 VPD Pinson Valley Parkway.