108 Walter Davis DrBirmingham, AL 35209

This exceptional investment opportunity presents a 47,100-square-foot manufacturing facility situated on a 3.02-acre lot in Birmingham, Alabama. The property, located at 108 Walter Davis Dr, features three single-story buildings constructed in 1979 and renovated in 2000, offering a blend of warehouse and office space (43,600 SF warehouse and 3,500 SF office). The property boasts a strong tenant with a corporate guarantee, operating under an absolute NNN lease with a 5.65% cap rate and a 100% occupancy rate. The current NOI is $129,891, with a sale price of $2,300,000 ($48.83/sq ft). The lease includes annual rent bumps of 2% and four 5-year options, ensuring long-term income stability. The property includes two loading docks and four dock-high doors, along with ample on-site parking. The 24-foot ceiling height provides excellent warehouse functionality. The property is zoned I-3 (Light Industrial) and benefits from its location in a dense retail corridor along Interstate 65, near a railroad, and within proximity to Samford University and Birmingham-Shuttlesworth International Airport. The surrounding area has a strong demographic profile, with a large population and high average household income. This is a rare opportunity to acquire a well-located, high-performing industrial asset with significant upside potential.