Listed by Stream Capital Partners
$5,625,000
3224 Mobile Highway
Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 99,174
Cap Rate 7.25%
NOI $407,880
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 03/31/2026
Rent Bumps Yes
Lease Options 1, 5 Year (with Increase based on Revised CPI for Urban Wage Earners and Clerical Workers, not to exceed 7%)
Acreage 10.530
Investment Type Net Lease
Ground Lease No
Loading Docks 4
Dock High Doors 6
Mission-Critical Manufacturing Facility | Global Tenant Credit | Montgomery, AL
Marketing description
STREAM Capital Partners is pleased to present the opportunity to acquire a single-tenant net lease investment occupied by Assa Abloy Specialty Doors, LLC, a Delaware limited liability company. The lease is guaranteed by Assa Abloy Americas, providing for the payment and performance of all tenant obligations throughout the lease term.
The Property consists of a mission-critical ±99,714 square foot industrial manufacturing facility located at 3224 Selma-Mobile Highway in Montgomery. The Property is 100% leased to Assa Abloy Specialty Doors, LLC under a Net Lease (NN) structure with limited landlord responsibilities. The lease has just under 10 years of remaining term, expiring March 31, 2036, and features annual rental escalations of 3%.
Investment highlights
- Long-Term NN Lease: ±9 years remaining with 3% annual rent increases providing stable cash flow and limited landlord responsibilities
- Global Tenant Credit: Leased to ASSA ABLOY, a leading international manufacturer with operations across 70+ countries
- Mission-Critical Manufacturing Facility: Key production hub for specialty, fire-rated, and blast-resistant doors serving regulated industries
- High-Barriers-to-Entry Asset: Specialized manufacturing infrastructure creates strong tenant retention and long-term operational value
- Durable End Market Exposure: Serves essential industries including healthcare, pharmaceuticals, cold storage, and security
- Strategic Montgomery, AL Location: Positioned within a growing Southeast industrial corridor with strong logistics access and labor availability
- Below Replacement Cost Basis: Attractive basis provides downside protection amid rising construction costs and limited specialized supply
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$407,880.00
$33,990.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
Map
Zoning
M-1 IndustrialLight IndustrialLight Industry
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View all 15 uses
View all 15 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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