For Sale
Call for price

15091 Al Highway 20Madison, AL 35756

59,000 SF Warehouse/Manufacturing Space, Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A industrial property, situated on 8.75 acres in Madison, Alabama, offers 59,000 square feet of space, including 32,190 square feet of net rentable area. The single-story building, constructed in 2001, features 22-foot ceiling heights, three dock-high doors, and two loading docks. Approximately 8,000 square feet is dedicated to office space. Currently 50% occupied by Auburn University under a multi-tenant net lease agreement commencing August 1, 2024, with a 3% annual rent bump. The property boasts significant visibility from Interstate 565 and includes approximately one acre of concrete yard space. The building is equipped with LED lighting, a wet system sprinkler, and a 3-phase, 480V, 2000 AMP electrical service. The entire facility is air-conditioned. The property is for sale by owner and offers potential for expansion on the available land. The property is located at 15091 AL Hwy 20, Madison, AL 35756. Landlord will consider offers. Lease rate is $10.50 per square foot.

Highlights

  • 51,000 SF warehouse/manufacturing space.
  • 8,000 SF of office space.
  • Three loading docks.
  • Two 20' x 15' drive-in doors.
  • LED lighting throughout.
  • Wet sprinkler fire suppression system.

Property Details for 15091 Al Highway 20

Property type
Warehouses, Industrial properties
Square Feet
59,000 SF
Class
A
Year Built
2001
Buildings
1
Stories
1
Lot Size (sq. ft)
381,150 SF
Units
2

Location Insight

City
Madison
County
Limestone
State
Alabama
Latitude
34.638142703258
Longitude
-86.851478145072
15091 Al Highway 20, Madison, Alabama

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15091 Al Highway 20
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