8% CAP Industrial Sale-Leaseback | Gulf Shores, AL
Sands Investment Group is Pleased to Present Exclusively For Sale the 25,000 SF 8% CAP Industrial Sale-Leaseback NNN Asset Located at 701 Commerce Drive in Gulf Shores, AL. This Deal Includes a Highly Desirable Triple Net (NNN) 10-Year Lease Structure With Zero Landlord Responsibilities At Close Of Escrow, Providing For a Unique Investment.
- TurfHound is a Leading Innovator in the Creation of Patent-Protected Synthetic Golf Tee Surfaces, Manufactured in the USA
- TurfHound Has Been Operating For Over 17 Years
- Triple Net (NNN) 10-Year Lease Structure With Zero Landlord Responsibilities and Corporate Guarantee; Deal Offers Annual Rental Increases of 2.00%
- Building Square Feet: 25,000 (Current Warehouse SF: 16,000; New Warehouse Addition SF: 9,000); Office Space: 2,200; Ceiling Heights 14′; 4 Grade Level Doors; 1 Dock High Door; 3-Phase Power (Installed In 2020) 800 AMP
- Average Household Income of $75,892 and a Population of 65,323 Residents Within 10-Miles
- Located 7 Minutes From Gulf Shores International Airport – Jack Edwards Field (JKA)
- The City Introduced a Multi-Million Dollar Plan to Upgrade the Gulf Shores International Airport – Jack Edwards Field (JKA) With a New Commercial Service Terminal to Accommodate New Air Carrier Service
- Surrounding Industrial Tenants Include: Frito Lay, McInnis Industries, Woerner Industries, Owen Equipment, Gulf South Metals and Many More
BoR: Andrew Ackerman – Lic. AL #1089690
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