Listed by Northmarq Capital, LLC
$2,040,000
Southern Home Services
Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 15,000
Net Rentable (SqFt) 15,000
Cap Rate 6.25%
NOI $127,500
Tenancy Single
Lease Type NNN
Lease Term 10.1
Lease Expiration 02/28/2036
Remaining Term 9.7
Rent Bumps Yes
Lease Options One (1) Five (5) Year Option
Price per SqFt $136
Year Built 1995
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.700
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/15/2026
Industrial | Strong Corporate Guaranty | Impressive Financials
Investment highlights
Strong Corporate Guaranty | Impressive Corporate & Unit Level Financials
Brand New 10-Year NNN Lease | 3% Annual Rent Increases
Relocation Site | 2025 Renovation
Growing Huntsville MSA | 10% Growth in Past Four Years
Proximity to Highway 31 | Huntsville MSA Trade Area
102,857 Residents Within 10 Miles | $95,595 10-Mile AHHI
Listing Contacts
Listed by Northmarq Capital, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,500.00
$10,625.00/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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