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Industrial Property with Highway Exposure
New
For Sale
$2,500,000

212 Lime Quarry Rd, Madison, AL 35758

Industrial asset occupied by Herc Holdings along a high-traffic Madison corridor.

Property SizeContact for details
Days on Market4

Property Features for 212 Lime Quarry Rd

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Matthews Real Estate Investment Services, Inc
Listed By: Hutt Cooke · License #356505 (TN)
Source: Matthews
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 19 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services, Inc

Investment Insights

Based on property information with market context.

This industrial property is occupied by Herc Holdings, Inc., which has operated at the site since 2006 and completed multiple lease extensions. The current lease has approximately 1.3 years remaining and includes no renewal options.

The property is located at 212 Lime Quarry Rd in Madison, Alabama, with visibility along both I-565 and Madison Blvd. Combined traffic counts on those routes exceed 101,000 vehicles per day. Herc Holdings, Inc. is a publicly traded equipment-rental company with 453 locations across North America.

Key Highlights

  • Occupied by Herc Holdings, Inc., which has operated at the site since 2006
  • Approximately 1.3 years remaining on the current lease
  • No renewal options included in the lease

Property Analytics

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Current Use

Herc Rentals (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby

Demographics for 35758, AL

48,192
Population
20,322
Households
2.4
Avg Household Size
38
Median Age
64%
College-Educated
98%
High-School Grad
27.2 sq mi
ZIP Area
1,772
Density / Sq Mi
$115,780
Median Household Income
$61,321
Median Earnings
$1,375
Median Rent
$336,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial asset occupied by Herc Holdings along a high-traffic Madison corridor.
Where is this industrial property located?
The property is located at 212 Lime Quarry Rd Madison, AL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Occupied by Herc Holdings, Inc., which has operated at the site since 2006; Approximately 1.3 years remaining on the current lease; No renewal options included in the lease
More about this property
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