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277 Westchester Rd Madison, AL 35758

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For Sale
$7,861,000

60,000 SF industrial property with long-term NNN leases.

Source: Jeremy D. Pope, CCIM, SIOR Agent Jeremy D. Pope, CCIM, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Jetplex Area Investment Opportunity

This 100% occupied investment opportunity is located in the Jetplex area and totals 60,000 square feet, comprised of two 30,000-square-foot buildings. OHM Intl occupies Building 1, and Wittichen Supply occupies Building 2. The property features NNN leases, with a 7-year lease commencing in 2025 and a 10-year lease commencing in 2026. The property also includes a 10-year property tax abatement transferable to the buyer. Located in Madison, Alabama, this industrial area provides a strategic location for warehouse and distribution investors. Madison offers convenient access to major transportation routes, including I-565 and Huntsville International Airport, supporting efficient logistics and distribution operations. The estimated net operating income for the first year is $550,000.
Location Intelligence

Current Use by Public Records

Warehouses

Similar Places Nearby

iStorage, Madison Blvd Self Storage, Record Nations, Added Space Boat & RV Storage - Westchester Rd, Tellus Self Storage - Arlington

Map

City
Madison
County
Madison
State
Alabama
Longitude
-86.8135
Latitude
34.6731

FAQs

What type of property is this?
Warehouse - 60,000 SF industrial property with long-term NNN leases.
Where is this warehouse located?
The property is located at 277 Westchester Rd Madison, AL.
What is the asking price?
The asking price for this property is $7,861,000.
What are key features of this property?
This property features: - High-value investment opportunity with a strong NOI of $550,000 (Year 1 Estimated); - Long-term, NNN leases in place with staggered 7-year and 10-year terms, commencing in 2025 and 2026, ensuring stable income; - 10-year property tax abatement transferable to the buyer, providing significant cost savings
More about this property
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