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Consolidated Electrical & Pepperidge Farm 125 Electronics Blvd

45,000 SF 100% Leased Flex Building Huntsville, AL 35824 $9,738,898 CAD ($216 CAD/SF)

Investment Highlights

  • 7.00%+ CASH ON CASH RETURN YEAR 1
  • Alabama is the innovative tech leader of the Southeast.
  • Huntsville’s high concentration of engineers which attracts other industries and companies.
  • New Financing Available - Contact Broker
  • Huntsville’s global leadership in rocket, missile and satellite development.
  • Huntsville’s auto industry with the new Mazda/Toyota assembly plant and Toyota’s engine manufacturing plant.

Executive Summary

For access to the OM, please email Matthew Kingsley (matthew.kingsley@cushwake.com).
Cushman & Wakefield and Graham & Company are pleased to offer for sale the 45,374 ± sq. ft. multi-tenant industrial building on a 4.53-acre site in Huntsville, Alabama. The property has a premier location in the Jetplex Industrial Park close to the Huntsville International Airport and the Huntsville International Intermodal Yard.
The Property is fully leased to Consolidated Electrical Distributors, Inc. (CED) (24,200 sq. ft.) for 10 years, Pepperidge Farm Incorporated ( 15,277 sq. ft.) for 5 years, and ISM (5,897, sq. ft.) until March 31, 2025. Both CED and Pepperidge Farm are credit tenants. ISM is expecting to vacate at the end of its lease. CED and/or Pepperidge may be interested in leasing the ISM space.
Alabama is the innovative tech leader of the Southeast with its outer space industry in Huntsville, commercial aircraft industry in Mobile anchored by the Airbus Assembly Plant, and four automotive assembly plants built in the state by Mazda/Toyota, Mercedes, Honda and Hyundai. These four plants produce more than 1.2 million new ICE and EV cars a year.
Huntsville is a global leader in rocket, missile, and satellite research and development. It’s storied history began after WWII when the U.S. Government initially repurposed the Redstone Arsenal for future rocket and missile development for national defense, and later for space exploration. In addition to defense, Huntsville is now an active participant in the surging private sector’s outer space/communication initiatives.
Jeff Bezo’s Blue Origin company is now developing and building rockets and satellites in Huntsville. A year ago, Blue Origin received a $10 billion contract from Amazon to build 3,236 satellites for Amazon’s new Project Kuiper high speed internet service.
Bloomberg considers Huntsville one of the “unlikely cities that will power the U.S. economy.”

Property Facts

Price $9,738,898 CAD
Price Per SF $216 CAD
Sale Type Investment NNN
Property Type Flex
Property Subtype Light Distribution
Building Class B
Lot Size 4.53 AC
Rentable Building Area 45,000 SF
No. Stories 2
Year Built 1989
Parking Ratio 1.87/1,000 SF
Clear Ceiling Height 23 ft
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 3

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-09-32-0-000-033.000
Land Assessment
$58,410 CAD
Improvements Assessment
$786,986 CAD
Total Assessment
$845,397 CAD
  • Listing ID: 33466729

  • Date on Market: 2024-10-09

  • Last Updated:

  • Address: 125 Electronics Blvd, Huntsville, AL 35824

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