Industrial Property in Theodore's
5890 I 10 Industrial Pkwy S, Theodore, AL 36582
89,770 SF industrial property with long-term NNN lease.
Type:Industrial
Property size:
89,770 SFLot size:
5.00 AcresPrice / SF:
$94/SF- Added:
- Oct 7, 2024
- Days on Market:
- 604
- Last Refresh:
- May 12 at 11:55 pm
Property Features for 5890 I 10 Industrial Pkwy S
General Information
- Standard status
- Active
- Size
- 89,770 SF
- Lot size
- 5.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1977
Listing agent Justin White License #CA 00875427
Listing office Centennial Advisers
Listing date Oct 7, 2024
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 Centennial Advisers
HighLights
- Brand‑new 10‑year NNN lease starting April 2025, providing long‑term stability.
- Tenant is Gexpro Services, backed by Distribution Solutions Group, a publicly traded company on the NASDAQ.
- Located in Theodore's industrial market with excellent connectivity to the Southeastern US via I‑10 and the 90 Freeway.
- Proximity to Mobile, Alabama, a major economic hub and growing port city.
- Specialized machining and assembly capabilities, including repair of A‑Class components and a 30‑ton lifting capacity.
- 89,770 SF property on a 5‑acre lot with 40,000 SF of air‑conditioned/insulated space, six craneways, 11 hooks, and a 25‑ton capacity.
Overview
This 89,770 square foot industrial property is situated on a 5-acre lot in the heart of Theodore’s industrial market, offering excellent connectivity to the Southeastern US via Interstate 10 and the 90 Freeway. The property is 15 minutes from Mobile, Alabama, a city driven by manufacturing, maritime, logistics, aerospace, and steel industries. Mobile is the only port city in Alabama and is becoming the largest port in the Gulf of Mexico, with over $1 billion in capital projects underway statewide. The property features 40,000 square feet of air-conditioned and insulated space and is designed for heavy-duty operations with six craneways, 11 hooks, and a maximum capacity of 25 tons. It also has a 30-ton lifting capacity. The property is suited for machining and assembly, production, and repair and assembly of A-Class components. The tenant, Gexpro Services, has signed a new 10-year NNN lease starting in April 2025. Gexpro Services was acquired by LKCM Headwater Investments in 2019 and merged with Lawson Products and TestEquity in 2022 to form Distribution Solutions Group, a publicly traded company on the NASDAQ, adding to the security and reliability of the tenant.
Location Intelligence
Current Use by Public Records
Manufacturing properties
Location Insight
- Map
- Local Demand
- City
- Theodore
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1493
- Latitude
- 30.801843
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FAQs
What type of property is this?
Manufacturing property - 89,770 SF industrial property with long-term NNN lease.
Where is this manufacturing property located?
The property is located at 5890 I 10 Industrial Pkwy S Theodore, AL.
What is the asking price?
The asking price for this property is $8,511,000.
What are key features of this property?
This property features: Brand‑new 10‑year NNN lease starting April 2025, providing long‑term stability.; Tenant is Gexpro Services, backed by Distribution Solutions Group, a publicly traded company on the NASDAQ.; Located in Theodore's industrial market with excellent connectivity to the Southeastern US via I‑10 and the 90 Freeway.
