15091 Al Hwy 20 Madison, AL 35756-4421
- Commercial land
- 2.95 lot acres
Current Use by Public Records
- Commercial land
Property Details for 15091 Al Hwy 20
- Lot size
- 2.95 lot acres
- Property type
- Commercial land
- APN
- 1802040000001014
- APU
- 1802040000001014
Description
This exceptional Class A industrial property, situated on 8.75 acres in Madison, Alabama, offers 59,000 square feet of space, including 32,190 square feet of net rentable area. The single-story building, constructed in 2001, features 22-foot ceiling heights, three dock-high doors, and two loading docks. Approximately 8,000 square feet is dedicated to office space. Currently 50% occupied by Auburn University under a multi-tenant net lease agreement commencing August 1, 2024, with a 3% annual rent bump. The property boasts significant visibility from Interstate 565 and includes approximately one acre of concrete yard space. The building is equipped with LED lighting, a wet system sprinkler, and a 3-phase, 480V, 2000 AMP electrical service. The entire facility is air-conditioned. The property is for sale by owner and offers potential for expansion on the available land. The property is located at 15091 AL Hwy 20, Madison, AL 35756. Landlord will consider offers. Lease rate is $10.50 per square foot.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Limestone
- State
- Alabama
- Longitude
- -86.8494
- Latitude
- 34.6366
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
