For Sale
$12,900,000

621 Boll Weevil Cir Enterprise, AL 36330

High-Yield Industrial Property, 128,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 128,800 square foot industrial warehouse in Enterprise, Alabama, presents a compelling investment opportunity with an 8.50% cap rate. Priced at $12,900,000, this multi-tenant property boasts a strong tenant roster including major franchises like Piggly Wiggly, PetSense, and H&R Block, alongside established local businesses. Located at a prime corner of Highway 84 and Rucker Boulevard, this "Main and Main" location benefits from exceptional visibility and high traffic flow, further enhanced by nearby retailers such as Walgreens, a Ford dealership, and McDonald's. The property includes eight busy outparcels, generating substantial additional income, and a separate outparcel valued at $750,000. Recent upgrades include parking lot resurfacing, improved lighting, and new signage. Enterprise's robust growth, fueled by industries like the Army Aviation Center and ongoing development, ensures a stable and promising future for this investment. The property is offered as a NNN lease, minimizing management responsibilities. Detailed tenant information is available upon request. This is a rare opportunity to acquire a well-established, high-performing industrial asset in one of Alabama's fastest-growing cities.

Highlights

  • 128,800 SF industrial warehouse in Enterprise, AL, offering an 8.50% cap rate and priced at $12,900,000.
  • Multi-tenant property with strong national and local tenants including Piggly Wiggly, PetSense, and H&R Block.
  • Prime corner location at Highway 84 and Rucker Boulevard with high visibility and traffic.
  • Includes eight income-producing outparcels and a separate $750,000 outparcel.
  • Recent upgrades include parking lot resurfacing, improved lighting, and new signage.
  • NNN lease structure minimizes management responsibilities.

Property Details for 621 Boll Weevil Cir

Property type
Warehouses, Land
Square Feet
128,800 SF

Location Insight

City
Enterprise
County
Coffee
State
Alabama
Latitude
31.319410910625
Longitude
-85.832145624483

FAQs

What type of property is this?
Warehouse - High-Yield Industrial Property, 128,800 SF
Where is the warehouse located?
The property is located at 621 Boll Weevil Cir Enterprise, AL.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: 128,800 SF industrial warehouse in Enterprise, AL, offering an 8.50% cap rate and priced at $12,900,000.; Multi-tenant property with strong national and local tenants including Piggly Wiggly, PetSense, and H&R Block.; Prime corner location at Highway 84 and Rucker Boulevard with high visibility and traffic.
How can I contact the broker?
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621 Boll Weevil Cir
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