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950 Lagoon Business Loop
Montgomery, AL 36117

$2,236,000 USD

Warehouse For Sale  •  15,625 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 15,625 SF
  • Lot Size 1.38 AC
  • Building Class A
  • Year Built 2008
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning M-1
13 Transit Score
25 Walk Score

Highlights

Terrific location in busy industrial park
New five-year lease (2023)
National Credit Tenant

Property Flyers

Financial Summary (Actual)

Net Operating Income: $123,000 USD (2023)
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Noland Co 15,625 SF 3/31/2028

Public Transportation

AirportDriveWalkDistance
Montgomery Regional (Dannelly Field) 23 min - 17.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Marc Perlman 205-803-3000 Leitman-Perlman Inc.
Marc Perlman 205-803-3000 Leitman-Perlman Inc.