621 Boll Weevil CirEnterprise, AL 36330

Property Details for 621 Boll Weevil Cir

Year built

1969

Lot size

9.24 AC

Property size (Sq ft)

5,000 SF

Property type

Commercial real estate

APN

1605154000003000

APU

1605154000003000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $578,062

  Hospitality

  $529,501

  Educational

  $440,539

  Medical

  $455,690

  Retail

  $685,283

Location Insight

City

Enterprise

County

Coffee

State

Alabama

Latitude

31.3195

Longitude

-85.8321

CBSA code

21460

CBSA name

ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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