For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1030 London Dr Birmingham, AL 35211

Loading data...
Loading data...
Loading data...
For Sale
$11,700,000

Three-tenant flex property with long-term, stable tenants.

Building Details

Year built
2003

Source: Michael Bull, CCIM Agent Michael Bull, CCIM

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


Overview

Fully Occupied Flex Property

This is an opportunity to acquire a fully-occupied, three-tenant flex property with long-term stable tenants. The anchor tenant, Trane Supply, occupies approximately 35,160 square feet. The U.S. Mine Safety and Health Administration occupies approximately 20,554 square feet, and Canon occupies approximately 4,294 square feet. Trane and Canon cover CAM, utilities, and janitorial expenses, while Mine and Safety operates under a typical GSA full-service lease. Trane has expressed interest in expanding into Canon’s space and extending their lease. The facility is located in the Lakeshore Crossing Business Park, near Lakeshore Parkway/Hwy 149, approximately 3 miles from I-65 and 14 miles from the Birmingham Shuttlesworth International Airport. The property, built in 2003, features a clear span of 20 feet, approximately 16,429 square feet of warehouse space, and approximately 47,297 square feet of office space. It includes five existing dock-high doors and two ramped drive-in doors, with punch-outs available for additional dock-high doors. The average rent is $14.64 per square foot, with an average CAM of $1.99 per square foot. Annual escalations are 3% for Trane and 2.5% for Canon. A new roof is planned as of May 2025. The weighted average lease term (WALT) is 3.4 years.
Insight Report Location Intelligence

Current Use by Public Records

Trane Supply Air Conditioning Contractor Canon Solutions America Office Equipment Supplier MSHA Mins Safety ... Government Office CVS Convenience Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Birmingham
County
Shelby
State
Alabama
Longitude
-86.8653088
Latitude
33.4411793

FAQs

What type of property is this?
Flex space - Three-tenant flex property with long-term, stable tenants.
Where is this flex space located?
The property is located at 1030 London Dr Birmingham, AL.
What is the asking price?
The asking price for this property is $11,700,000.
What are key features of this property?
This property features: - Fully-occupied, three-tenant flex property with long-term stable tenants including Trane Supply and U.S. Mine Safety and Health Administration.; - Anchor tenant **Trane Supply interested in expanding and extending their lease.**; - Well-located in Lakeshore Crossing Business Park, 3 miles from I-65 and 14 miles from Birmingham Shuttlesworth International Airport.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message