US LBM Leased Industrial Facility

Acreage

15.95 acres

Building Size

161,500 SF

Zoning

Light Manufacturing/Industrial (I-1)

This 161,500-square-foot industrial facility in Florence, Alabama occupies 15.95 acres with 23 percent building coverage, providing significant outdoor laydown and expansion capacity. The property features seven dock-high doors, newly constructed office space, and ample power and access infrastructure supporting manufacturing and distribution operations. Located in an established industrial corridor near Huntsville, the site sits among major regional operators including Ryder, Coca-Cola, and Dal-Tile, indicating mature utility and transportation networks. The facility operates under a long-term triple-net lease with five years remaining and two additional five-year options, featuring 10 percent rent escalations every five years. Current rent of $3.87 per square foot reflects a market-aligned basis, with the property offered at $52 per square foot on the building—below replacement cost in a market with limited modern supply. The combination of building scale, acreage, existing infrastructure, and proximity to Huntsville's growing tech and industrial economy positions the asset for potential conversion or repositioning as lease terms approach expiration.