511 11th Street North
±21,000 SF Office/Warehouse Facility | Birmingham CBD
Marketing description
±21,000 SF Office/Warehouse Facility located in Birmingham CBD and Opportunity Zone. The property consists of 3 separate interconnected buildings plus an attached garage with a fenced lot area of ±10,000 SF adjacent lot.
The office area includes approximately 2,500 SF ground floor office/break room plus a 1,050 SF newly renovated 2nd floor office. The facility features (1) 10x10 drive-in with dock access, (1) 12x10, (1) 10x12, and (1) 14x14 drive-in doors. The warehouse has new LED lighting, new 15,000 SF TPO roof, and 3-phase electrical panel.
Recently repaved front parking lot with industrial space floors that are partially epoxy coated. The upstairs office has access to the roof and a view of downtown Birmingham. Building is visible from I-65 N with clear height in large warehouse of 13-14'. The main building features 5 large offices with a break area and a training/conference room plus 1 large office on second floor.
Property benefits from Historical Property Tax Certification, Opportunity Zone (OZ), & Switch District designation. Available 1G Internet. Current tenant lease in place for ±2,500 SF with $25,800/year in rental income plus power surcharge with original term to 1/1/2028.
Investment highlights
- 3 separate interconnected buildings plus an attached garage
- Recently repaved front parking lot
- Industrial space floors are partially epoxy coated
- Upstairs office has access to the roof and a view of downtown Birmingham
- Building visible from I-65 N
- Clear height in large warehouse 13-14'
- 5 large offices in main building with a break area and a training/conference room plus 1 large office on second floor
- Historical Property Tax Certification
- Opportunity Zone (OZ), & Switch District
- Available 1G Internet
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