Listed by Graham & Company Huntsville
$7,861,000
277 Westchester Rd
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 60,000
Units 2
Cap Rate 7.00%
NOI $550,300
Occupancy 100%
Brand/Tenant OHM, WIttichen Supply
Lease Type NNN
Lease Term 10
Price per SqFt $131
Year Built 2025
Buildings 2
Acreage 5.700
Zoning M1 Restricted Industrial
Parking Spaces 42 spaces
Parking Per SqFt 0.70
Lease Commencement 10/31/2025
Ceiling Height 25' eave height; 30'
Dock High Doors 6
Industrial | 7.00% CAP | 60,000 SqFt
Marketing description
This 100% occupied investment opportunity in the Jet plex area boasts a 7-year lease and a 10-year lease. Totaling 60,000 SF, the opportunity is comprised of two (30,000 SF each) buildings. OHM Intl occupies Bldg. 1, and Wittchen Supply occupies Bldg. 2.
Located in Madison, AL, this prime industrial area offers a strategic location for warehouse and distribution investors. Madison provides easy access to major transportation routes, including I-565 and Huntsville International Airport, facilitating efficient logistics and distribution operations.
Investment highlights
- Investment opportunity in the Jetplex area
- 60,000 Total SF comprised of 2 buildings
- NNN leased
- 10-year property tax abatement transferable to buyer
- 7-year and 10-year leases, commencing in 2025 and 2026
- NOI (Year 1 Estimated): $550,000
- Building 1 Specifications
- Constructed in 2025
- 30,000 Total SF
- 25' eave height; 30' at peak
- 6" slab flooring
- Gas-heated warehouse
- 600 Amp 120/208V 3-phase power
- Four 9' x 10' dock doors with levelers
- Two 12' x 14' grade level drive-in doors
- Includes 1,500 SF office space
- 42 parking spaces
- 26GA PBR screw down roof
- Zoning: M1 Restricted Industrial
- Building 2 Specifications
- Constructed in 2025
- 30,000 Total SF
- 25' eave height; 30' at peak
- 6" slab flooring
- Gas-heated warehouse
- 600 Amp 120/208V 3-phase power
- Four 9' x 10' dock doors with levelers
- Two 12' x 14' grade level drive-in doors
- Includes 4,600 SF office space
- 42 parking spaces
- 26GA PBR screw down roof
- Zoning: M1 Restricted Industrial
Listing Contacts
Listed by Graham & Company Huntsville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$550,300.00
$45,858.33/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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