125 Thomas Dr Gadsden, AL 35904

Building Details

Year Built

1992

Listing Agency DWG Capital Group Show Phone

Listed by Judd Dunning · License #CA 01520854

Source Crexi

Added: May 16, 2023 Checked: Jul 15 at 4:36 pm

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Investment Insights

Based on property information with market context.

This industrial property, located at 125 Thomas Drive in Gadsden, Alabama, offers a unique investment opportunity. The property provides convenient access to major highways I-759 and I-59, situated one hour from Birmingham and two hours from Atlanta. Constructed in 1992, the well-maintained building provides 35,000 square feet of space on a 4.94-acre lot. The property is suitable for businesses requiring efficient transportation and logistics solutions, as well as investors seeking to re-tenant and generate cash flow. The property is ready for immediate move-in, offering convenience and flexibility for potential tenants and buyers. The seller is willing to consider a short-term leaseback arrangement, if needed, to accommodate new tenants after closing. The surrounding area of Birmingham is experiencing increasing demand from logistics providers and a growing manufacturing landscape, with a historically low vacancy rate of approximately 3.3% and year-over-year rent growth of around 12.6%.

Key Highlights

• Significantly Reduced Price: Listed at $1,700,000 ($48/SF), well below replacement cost.
• Strategic Location: Excellent access to I‑759 and I‑59, providing efficient transportation to Birmingham and Atlanta.
• Spacious Industrial Building: 35,000 square feet on a 4.94‑acre lot.

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FAQs

What type of property is this?

Warehouse - 35,000 SF industrial property on 4.94 acres in Gadsden, AL.

Where is this warehouse located?

The property is located at 125 Thomas Dr Gadsden, AL.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Significantly Reduced Price: Listed at $1,700,000 ($48/SF), well below replacement cost.; Strategic Location: Excellent access to I‑759 and I‑59, providing efficient transportation to Birmingham and Atlanta.; Spacious Industrial Building: 35,000 square feet on a 4.94‑acre lot.