New Multi-Tenant Industrial
419 Republic Street, Birmingham, AL 35214
140,000 SF industrial building, 100% leased to credit tenants.
Type:Industrial
Property size:
140,000 SFLot size:
9.56 Acres- Added:
- May 26, 2026
- Days on Market:
- 9
- Last Refresh:
- May 27 at 8:19 am
Property Features for 419 Republic Street
General Information
- Standard status
- Active
- Size
- 140,000 SF
- Lot size
- 9.56 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing agent Douglas Longyear License #CA 00829911
Listing office Cushman & Wakefield - San Francisco, California
Listing date May 26, 2026
Source Crexi
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 Cushman & Wakefield - San Francisco, California
HighLights
- 100% Leased to three credit tenants, providing immediate income.
- New construction (2023) - first speculative warehouse in the Central Submarket since 2003.
- Located in Birmingham's Central Submarket, close to Downtown and the Airport.
- Shallow bay depths (200') allow for divisibility down to 20,000 SF.
- Weighted Average Lease Term (WALT) of 5.31 years, ensuring stable cash flow.
- Annual rent increases range from 3.00% to 3.50%, providing potential for increased returns.
Overview
A new 140,000 square feet multi-tenant industrial building is available for sale. The property is located at 419 Republic Street, Birmingham, Alabama, situated on a 9.56-acre site in Birmingham’s Central Submarket, approximately 3.5 miles north of Downtown Birmingham and 5 miles west of the Birmingham-Shuttlesworth Airport. The building is fully leased at market rents to three credit tenants: TireHub (30,000 SF), Crawford (70,000 SF), and East Penn (40,000 SF). The weighted average lease term (WALT) is 5.31 years, with annual rent increases ranging from 3.00% to 3.50% before extra tenant improvement amortization. This location is suitable for service companies and parts distributors serving customers around Downtown Birmingham and the broader metro area. The building is the first speculative warehouse constructed since 2003 in the Central Submarket that features 200’ bay depths which allows for divisibility down to 20,000 SF. Other speculative warehouses constructed in the broader market since 2003 typically have bay depths ranging from 250’ to 385’ and cannot divide down below 50,000 SF. The 20,000 SF to 40,000 SF spaces in the subject property are ideal for service companies and product distributors.
Location Intelligence
Current Use by Public Records
Crawford Electric Supply
Building Supply
TireHub
Distribution Center
TireHub Birmingham
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.852482
- Latitude
- 33.564144
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 140,000 SF industrial building, 100% leased to credit tenants.
Where is this warehouse located?
The property is located at 419 Republic Street Birmingham, AL.
What are key features of this property?
This property features: 100% Leased to three credit tenants, providing immediate income.; New construction (2023) - first speculative warehouse in the Central Submarket since 2003.; Located in Birmingham's Central Submarket, close to Downtown and the Airport.
