- For Sale $900,000
- Property Type Industrial - Flex - Industrial
- Property Size 6,000 SF
- Lot Size 0.5 Acre
- Property Tenancy Single Tenant
- Year Built 2006
- Date Updated Oct 22, 2026
- Dock High Doors 2
- Grade Level Doors 1
- Office Area 1,800 SF
- HVAC None
Description
Conveniently located in Alabaster, just 300 feet from Highway 31, situated in a popular industrial park with quick and convenient access to I-65.108 Cloverdale Drive presents an excellent investment opportunity in Alabaster, Alabama. This ±6,000 SF flex/warehouse property sits on approximately 0.5 acres and is 100% leased to Next Level AVL through October 2029, with 4% annual rent escalations. The building features 1,800 SF of office space, 4,200 SF of warehouse space, 19'5" clear heights, dock-high and drive-in access, and M-1 zoning. Offered at $900,000 with a 7% cap rate, the property provides investors with established rental income and annual rent growth.
Highlights
- 100% Leased Investment: Fully leased to Next Level AVL through October 31, 2029, providing established rental income.
- Annual Rent Growth: Lease includes 4% annual rent escalations.
- Flexible Industrial Zoning: M-1 zoning supports a variety of industrial and warehouse uses.
- Functional Warehouse Features: 19'5" clear heights, two dock-high doors, drive-in access, and a sprinkler system.
- Recently Renovated Offices: Office space updated in Q4 2025 with new flooring, lighting, paint, serviced HVAC, and a new water heater.
- Strategic Industrial Location: Convenient access to I-65 and Highway 31 within Alabaster's established industrial corridor.
- Versatile Flex/Warehouse Space: ±6,000 SF building featuring 1,800 SF of office space and 4,200 SF of warehouse space on approximately 0.5 acres.
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Contacts
Bart Moore
Ironvest Partners
Location
Contact Listing Broker
Bart Moore
Ironvest Partners
