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Single-Tenant Industrial

CMC Rebar (NYSE: CMC) | Single Tenant NNN Industrial

3540 27th Ave N, Birmingham, AL 35207

Listing Price: $3,550,000

Cap Rate
6.00%
Gross SF
107,350
Price/Gross SF
$33.07
Lot Size
6.00 acres
Year Built
1993
Rentable SF
107,350

Investment Overview

--NNN Industrial Property in Excellent Condition -Building has a High Ceiling Clearance with a Minimum of 27 Feet -Building is Equipped with 6 Exterior Overhead Doors, Including 2 Loading Dock Doors -The Building Interior Contains 7 Underhung 6-Ton Cranes -Newer Metal Construction with Asphalt Parking Lot -Large Lot of Over 6 Acres Leaving Space for More Expansion --Pride of Ownership Property in Birmingham, AL -Dense, Infill Area with Over 134,000 Residents within 5 Miles of Subject Property -Birmingham is the Largest City in the State of Alabama with a Population Exceeding 212,300 Residents -Located Within 2 Miles of Birmingham-Shuttlesworth International Airport (BHM), Which Sees Over 3 Million Passengers Annually and Ships Over 177MM Lbs. of Freight Annually -Located in a Dense Industrial Area with other National Brands such as US Steel Corp, American Cast Iron Pipe Co., Drummond Co., Nucor Steel, DHL, Altec Industries, Capitol Materials and Many More within Close Proximity to the Subject Property -Corporate Guaranteed Lease -Tenant has been Consistently Extending the Lease and Operating Successfully at this Location for 17+ Years -NNN Lease with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market -Commercial Metals Companies is a Publicly Traded Company on the NYSE (CMC) – CMC Has Experienced Year Over Year Sales Growth of 16%+ with Over $5 Billion Per Year in Revenue. Tenant has an S&P Rating of BB+. -E-Commerce and Recession Proof Tenant -Excellent Opportunity to Invest in a Tenant with a Nationwide Presence at a Location with a Long Operating History

Investment Highlights

  • Recent $1.3 Million Expansion and Renovation
  • Commercial Metals Company (NYSE: CMC) is a Well-Established Industrial Tenant with Hundreds of Facilities Globally | TTM Revenue: $6.108B | Market Cap: $3.72B
  • Tenant is Paying Well-Below Market Rent | NNN Lease with 5+ Years Remaining and 3% Annual Increases

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Single-Tenant Industrial

CMC Rebar (NYSE: CMC) | Single Tenant NNN Industrial

Listing Price: $3,550,000

Cap Rate
6.00%
Gross SF
107,350
Price/Gross SF
$33.07
Lot Size
6.00 acres
Year Built
1993
Rentable SF
107,350

Investment Highlights

  • Recent $1.3 Million Expansion and Renovation
  • Commercial Metals Company (NYSE: CMC) is a Well-Established Industrial Tenant with Hundreds of Facilities Globally | TTM Revenue: $6.108B | Market Cap: $3.72B
  • Tenant is Paying Well-Below Market Rent | NNN Lease with 5+ Years Remaining and 3% Annual Increases

Investment Overview

--NNN Industrial Property in Excellent Condition -Building has a High Ceiling Clearance with a Minimum of 27 Feet -Building is Equipped with 6 Exterior Overhead Doors, Including 2 Loading Dock Doors -The Building Interior Contains 7 Underhung 6-Ton Cranes -Newer Metal Construction with Asphalt Parking Lot -Large Lot of Over 6 Acres Leaving Space for More Expansion --Pride of Ownership Property in Birmingham, AL -Dense, Infill Area with Over 134,000 Residents within 5 Miles of Subject Property -Birmingham is the Largest City in the State of Alabama with a Population Exceeding 212,300 Residents -Located Within 2 Miles of Birmingham-Shuttlesworth International Airport (BHM), Which Sees Over 3 Million Passengers Annually and Ships Over 177MM Lbs. of Freight Annually -Located in a Dense Industrial Area with other National Brands such as US Steel Corp, American Cast Iron Pipe Co., Drummond Co., Nucor Steel, DHL, Altec Industries, Capitol Materials and Many More within Close Proximity to the Subject Property -Corporate Guaranteed Lease -Tenant has been Consistently Extending the Lease and Operating Successfully at this Location for 17+ Years -NNN Lease with Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market -Commercial Metals Companies is a Publicly Traded Company on the NYSE (CMC) – CMC Has Experienced Year Over Year Sales Growth of 16%+ with Over $5 Billion Per Year in Revenue. Tenant has an S&P Rating of BB+. -E-Commerce and Recession Proof Tenant -Excellent Opportunity to Invest in a Tenant with a Nationwide Presence at a Location with a Long Operating History

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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