3500 27th Avenue North, Birmingham, AL 35207 For Sale

STREAM Capital Partners is pleased to present a net lease industrial investment opportunity leased to CMC Steel US, LLC., a wholly owned subsidiary of Commercial Metals Company (NYSE: CMC), one of the largest vertically integrated producers and fabricators of steel and metal products in the United States. CMC is a leading supplier of reinforcing steel (rebar) and related products, serving infrastructure, commercial, and industrial construction markets nationwide.

The offering is located at 3500 27th Avenue in Birmingham, Alabama and consists of a ±99,574 square foot industrial manufacturing facility situated on approximately 5.9 acres. The property functions as a mission-critical rebar fabrication and distribution hub, supporting the cutting, bending, and delivery of reinforcing steel to regional construction projects. The asset is purpose-built for heavy industrial use, featuring the infrastructure and layout necessary to accommodate specialized fabrication processes and high-throughput operations.

The lease is structured as a triple net (NNN) lease, providing investors with a highly passive ownership profile, as the tenant is responsible for all operating expenses, taxes, utilities, maintenance, repair, and replacement of the premises. The landlord’s only responsibility is the roof, which was recently replaced and is backed by a 20-year warranty, limiting future capital exposure. The investment is further supported by 3.0% annual rent escalations, delivering consistent income growth over the remaining lease term.

This offering presents an opportunity to acquire durable, in-place cash flow backed by a publicly traded tenant with national scale and a vertically integrated operating platform. The mission-critical nature of the facility, combined with high relocation costs and operational dependency, positions the asset for strong tenant retention, while also providing long-term optionality through renewal, re-tenanting, or strategic repositioning.