36535 Archives | Sands Investment Group

Sands Investment Group is Pleased to Present Exclusively For Sale the 12,000 SF Border States Industries NNN Property Located at 21775 Highway 98 in Foley, AL. This Deal Includes a Highly Desirable Triple Net (NNN) 3-Year Lease Structure Located in an Opportunity Zone, Providing For a Unique Investment.

The 100% Employee-Owned Company is Rated the Sixth Largest Electrical Distribution in the United States By Electrical Wholesaling Magazine
Triple Net (NNN) 3-Year Lease Structure With Two (2) Three (3) Year Options to Renew
Deal Offers Annual Rental Increases of 3%
12,000 SF Located in an Opportunity Zone; 3,960 SF of Office Space; Ceiling Heights 15’; 4 Drive-Ins; 3 Phase Power
Prime Location Offers Seamless Access to Major Transportation Routes, Including I-10 (20 Minutes – 17.6-Miles), Mobile, AL (43 Minutes – 41.8-Miles), and I-65 (50 Minutes – 46.4-Miles)
Built in 1997; 2.5 Acres Allowing For Additional Expansion; 24 Parking Spaces
Demographics Include a Population of 31,418 Residents and an Average Household Income of $58,837 Within a 5-Mile Radius
Surrounding Industrial Tenants Include: Frito Lay, TransPak, McInnis Industries, Woerner Industries, Owen Equipment, Gulf South Metals, SeeCoast Manufacturing Company and Many More
This High Credit Industrial Tenant Has Been Operating For Over 70 Years

BoR: Andrew Ackerman – Lic. AL #1089690

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