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Northport Industrial Investment Opportunity

600 64th Ave, Northport, AL 35476

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For Sale

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Fully leased industrial property in Northport, Alabama for sale.

Type:Industrial

Property size:

67,659 SF

Price / SF:

$95/SF

HighLights

Fully leased industrial investment property providing stable and growing cash flow.
Long‑term triple‑net lease with nearly six years remaining and built‑in rental escalations.
Two industrial buildings totaling approximately 67,659 SF.
Features strong clear heights, heavy power capacity, and overhead crane infrastructure.
Combination of dock‑high and drive‑in loading.
Offered at $6,450,000, reflecting a 6.75% cap rate.

We can help!

Contact an agent

Robert Crook

For Sale

Contact for pricing

Fully leased industrial property in Northport, Alabama for sale.

Type:Industrial

Property size:

67,659 SF

Price / SF:

$95/SF

Added:: Jan 28, 2026
Days on Market:: 158
Last Refresh:: Mar 17 at 1:14 pm

Property Features for 600 64th Ave

General Information

Standard status: Active
Size: 67,659 SF
Property subtype: Industrial

Building Details

Year Built: 1998

We can help!

Contact an agent

Robert Crook

Listing office Ironvest Partners

Listing date Jan 28, 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 Ironvest Partners

HighLights

Fully leased industrial investment property providing stable and growing cash flow.
Long‑term triple‑net lease with nearly six years remaining and built‑in rental escalations.
Two industrial buildings totaling approximately 67,659 SF.
Features strong clear heights, heavy power capacity, and overhead crane infrastructure.
Combination of dock‑high and drive‑in loading.
Offered at $6,450,000, reflecting a 6.75% cap rate.

Overview

This offering presents the opportunity to acquire a fully leased industrial investment property located at 600 64th Avenue North in Northport, Alabama. The property consists of two industrial buildings totaling approximately 67,659 square feet. Originally constructed in 1998 and expanded in 2014, the property features strong clear heights, heavy power capacity, and overhead crane infrastructure. It also includes a combination of dock-high and drive-in loading, making it suitable for manufacturing and distribution purposes. The property is currently leased to Coral Industries under a long-term triple-net lease. The lease has nearly six years remaining, along with built-in rental escalations and a tenant renewal option, providing stable cash flow.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$503.4k	$7.44
− Vacancy	−$21.1k	−$0.31
EGI	$482.2k	$7.13
− OpEx	−$72.3k	−$1.07
NOI	$409.9k	$6.06

67,659 SF · lease $7.44/SF/yr · vacancy 4.20% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$5.86M

$5.12M – $6.83M (±1% cap)

NOI $409,905 @ 7.0% cap · market cap 6.36%

Second Best

Industrial

$4.65M

$4.07M – $5.43M (±1% cap)

NOI $325,656 @ 7.0% cap · market cap 5.05%

Theoretical Best

Office A

$16.26M

$14.23M – $18.97M (±1% cap)

NOI $1,138,133 @ 7.0% cap · market cap 17.65%

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

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Location Insight

Map
Local Demand

City: Northport
County: Tuscaloosa
State: Alabama
Longitude: -87.619702
Latitude: 33.229498

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For sale
Industrial properties
AL
Northport
35476
600 64th Ave

What type of property is this?

Industrial property - Fully leased industrial property in Northport, Alabama for sale.

Where is this industrial property located?

The property is located at 600 64th Ave Northport, AL.

What is the asking price?

The asking price for this property is $6,450,000.

What are key features of this property?

This property features: Fully leased industrial investment property providing stable and growing cash flow.; Long‑term triple‑net lease with nearly six years remaining and built‑in rental escalations.; Two industrial buildings totaling approximately 67,659 SF.