3 Locations For Sale

Marcus & Millichap is pleased to present the opportunity to acquire a three-property small-bay industrial portfolio located in the growing industrial market of Gadsden, AL. With a metro population of 100,000+, Gadsden is located off I-59 between Birmingham (60 miles) and Chattanooga (90 miles). The portfolio consists of approximately 16,900 square feet across three strategically positioned industrial assets and offers investors a diversified mix of stable tenancy, contractual rent growth potential, and minimal landlord responsibilities through predominantly NNN lease structures.

The portfolio is currently occupied by six tenants spanning construction, plumbing, trucking, and service-related industries, providing diversified income streams and reducing reliance on any single occupant. The anchor tenant, P&M Outdoor Structures, occupies a 4,000-square-foot facility under a new 10-year NNN lease, creating a long-term foundation of cash flow. Additional tenancy includes Ultimate Plumbing, which occupies a 4,000-square-foot building under a five-year NNN lease, along with three tenants leasing a recently renovated 4,000-square-foot multi-tenant industrial building. The final asset consists of a 1,300-square-foot warehouse leased to Platinum Trucking.

The portfolio benefits from a weighted average remaining lease term of approximately five years, providing a balance of near-term stability and future upside through scheduled lease renewals and mark-to-market opportunities. All properties have either been newly constructed or substantially renovated in recent years, significantly reducing anticipated capital expenditures and deferred maintenance concerns for future ownership.