1110 Emory Folmar Blvd
Industrial | 7.00% CAP | 21,230 SqFt
Marketing description
1110 Emory Folmar Blvd presents a compelling investment opportunity in one of Montgomery's most established industrial parks. This well-maintained warehouse property is leased to a strong credit tenant, Mr. Electric, and offers stable cash flow with approximately four years remaining on the current lease.
The property generates an NOI of $116,765 and is offered at a 7% cap rate, with clear upside through below market rents. Designed for functionality and efficiency, the building features a high percentage of climate-controlled warehouse space, multiple loading options, and robust power capabilities to support a variety of industrial users.
Strategically located with convenient access to Northern Blvd, I-65, and I-85, this asset combines strong in-place income with long-term growth potential in a proven industrial corridor.
Investment highlights
- NOI of $116,765 | 7% cap rate
- Below market rents create clear upside
- Leased to Mr. Electric- National tenant with established operations and strong credit profile ~4 years of remaining lease term
- High-quality industrial functionality ±85% HVAC warehouse supporting a broad range of users and higher rent potential
- 4 dock-high doors plus 1 roll-in door, ideal for distribution and service operations
- Power and infrastructure in place 480V / 3-phase power suitable for light manufacturing and industrial users
- Desirable clear heights 17'-21' ceilings accommodate flexible racking and storage configurations
- Site utility and expansion flexibility - Yard space provides additional functionality and long-term adaptability
- Located in a proven industrial corridor - One of Montgomery's strongest industrial parks with consistent tenant demand
- Strong regional connectivity ±1 mile to Northern Blvd ±6.5 miles to I-65 ±7.5 miles to I-85
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