Build to suit or Ground Lease opportunity for QSR Wasden Road/I-65 Industrial Park

Highlights

Description

Owner to do a build to suit, or Ground Lease. Site fronts Hwy. 31 at I-65 exit 164 and Is located at the gateway entrance to the Wasden Road/I-65 Industrial Park. This interstate exit also serves the Hyundai Motor Manufacturing Facility, the new Amazon IXD facility, and the just-announced 272 acre Inland Intermodal Transfer Facility, $600 million Manna Capital Beverage, 250,000 expanded FedEx Distribution and Logistics building, and the 165,000 s.f. expansion of Premier Tech. The I-65 traffic count is in excess of 45,000 vehicles per day, with over 23,000 vehicles driving directly in front of the site on Hwy 31. This industrial grouping locates over 11,000 employees all within 2-3 miles of the site. Added to the industrial population and automobile/truck traffic, there are over 445 hotel rooms within walking distance to this site. These hotels report an average occupancy of 70%, which translates to over 113,000 hungry customers each day. The site is a can not miss for any QSR wanting to take advantage of all this activity.

Absolute NNN ground lease - 44,544 s.f. Landlord to deliver the site rough graded with all utilities to the site. Landlord will consider a "build to suit", 20-year lease with bumps every five years.

Located on Hwy 31 at the I-65 exit 164. The site is at the hottest interstate interchange in the entire market. The property is at the entrance to the Wadsen Road/I-65 Industrial Park, and at the exit that serves the Hyundai Motor Manufacturing Facility. In addition to the current line up of industrial users, in the past 12 months the following companies have announced expansions or investment in new facilities: Alabama State Port Authority 272 acre inland intermodal facility, Hyundai Mobis (450,000 s.f.) EV battery manufacturing plant, FedEx ($52m) expansion, Manna Capital ($600m) beverage manufacturing facility, and the Amazon ($650m) IXD facility. Combined with current employment rolls these new additions will grow the employee population to in excess of 15,000 – all within 1-2 miles of this site. The site is a can not miss for a QSR.

Documents

Units for Lease