River & Rocket Commerce Center _出售物業
River & Rocket Commerce Center _出售物業

River & Rocket Commerce Center

23366 Bibb Garrett Road, Tanner, AL, 35671, US

描述

On behalf of Ownership, Jones Lang LaSalle America, Inc. (“JLL”) has been retained as the exclusive sales representative for River and Rocket (the “Property”) – a state of-the-art, newly built Class-A distribution facility totaling 305,491 SF located within the burgeoning Huntsville, Alabama industrial market. Positioned only 1.5 miles from I-565 and I-65, the Property is easily accessible to Huntsville’s major logistical thoroughfares and economic drivers.


The Property is leased to 3 tenants: Inline Electric Supply Company, LLC., Blue Origin, LLC., and Loftis Steel and Aluminum, Inc., with 5.3 Years WALT and 54,600 SF of vacancy remaining.


The Huntsville market, affectionately known as “Rocket City”, has seen remarkable demographic growth—its city population surged approximately 19.4% between 2010 and 2020; by mid-2025, the population was estimated at 249,102, marking an overall increase of approximately 38.2% over 15 years. The broader 16-county regional labor-shed has expanded even more dramatically, growing 26% since 2010. As of September 2025, Huntsville’s unemployment rate stands at 2.5%, comfortably below the national average of 4.3%. The Huntsville MSA is a global epicenter of technological, engineering, and aeronautical innovation—anchored by Redstone Arsenal, which remains one of the largest concentrations of military leadership outside Washington, D.C. Huntsville’s Cummings Research Park (CRP), the second-largest research park in the U.S. and fourth largest globally, hosts 300 companies employing over 26,000 people across sectors spanning aerospace, defense, engineering, biotech, software, cybersecurity, R&D, and advanced manufacturing. The local aerospace and defense industry contributes an estimated $5.6 billion in annual output, accounting for roughly 10.1% of regional GDP. The robust migration to the area has drawn an incredibly talented and specialized labor pool that continues to fuel its market-leading position. Furthermore, the city’s interconnected location proximate to other growing metropolitan areas serves as a key driver for population and economic growth.

...

特性

建築物面積 (淨面積)
28,381 平方米
使用/出租率
82.1%
落成年份
2022
沃尔特
5.3 年
租戶
3

媒體

投資亮點

Institutional quality, class A design and construction

• Class-A industrial distribution warehouse consisting of 305,491 SF with a modern cross dock design

• 32’ clear height

• 52’ x 50’ column spacing with 60’ speed bays

• 40 dock doors with 3 drive-ins

• 135’ truck court

• 45-Mil TPO, R-20 roof w/ 15-year warranty


Premier logistics and distribution location

• Strategically located along I-65 and 1.5 miles from I-565, providing convenient access to Downtown Huntsville - 21 miles

• Direct access to major cities such as Nashville, Birmingham, and Montgomery

• 19 miles from Redstone Arsenal – largest employer and demand driver to the Huntsville market

• Within close proximity to credit tenancy: Target, FedEx, Amazon, and Toyota


Financial highlights

• 82.1% leased to 3 tenants with 5.3 years of WALT

» NNN leases with limited Landlord responsibilities

• Inline Electric Supply Company, LLC – 109,200 SF (35.7% of building), 6.7 years of WALT, 3.00% annual esc., and $6.67 in-place rent.

• Blue Origin, LLC. – 87,091 SF (28.5% of building), 2.2 years of WALT, 3.50% annual esc., and $7.77 in-place rent.

• Loftis Steel and Aluminum, Inc. – 54,600 SF (17.9% of building), 7.4 years of WALT, 3.00% annual esc., and $6.50 in-place rent.

• 54,600 SF of available space with 2,100 SF of in-place spec office

» Rare opportunity for mid-size users in a market dominated by large-scale facilities, enabling tenants to secure high-quality industrial space without excess capacity.

» In-place speculative office space provides speed-to-market and minimizes TI exposure

River & Rocket Commerce Center  4_出售物業
River & Rocket Commerce Center  4_出售物業

聯絡地產代理

River & Rocket Commerce Center (0 項物業)
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最后更新
2025年10月2日