SOLD: Industrial Investment & Development Opportunity – 20 Acres in Loxley

Merrill P. Thomas Co., Inc. is pleased to announce the successful sale of a rare industrial property comprising 68,376 square feet of office and storage buildings with pole barns located in Loxley, Alabama. Pratt Thomas, CCIM, of Merrill P. Thomas Co., Inc. represented the seller in the transaction.

The property will continue to be occupied by K & G Industrial Services, a national company operating in 35 states. K & G Industrial Services specializes in refractory and industrial maintenance services, bringing decades of combined experience focused on improving customer efficiency and reliability. The company serves clients in the cement and lime, pulp and paper, chemical, and utility sectors throughout the United States.

This transaction underscores the continued growth and strong demand within Baldwin County’s thriving industrial real estate market.

PRATT THOMAS

Agent / Broker
pratt@mptco.com
251-476-0808

Industrial Investment & Development Opportunity – 20 Acres in Loxley

Merrill P. Thomas Co., Inc. is pleased to offer a rare two-parcel industrial opportunity in the rapidly growing Baldwin County market. This combined 20-acre assemblage on Railroad Avenue in Loxley, AL offers both stable, long-term cash flow and future development upside.

Parcel 1 – Income-Producing Headquarters Facility ($3,410,400)

• Tenant: K&G Industrial Services (operating in 35 states)
• Lease Term: 13 years remaining on a 15-year modified NNN lease (commenced 2023)
• Improvements: 68,376 SF across a two-story office building, pole barns, and storage building
• Site: 10 acres (pending subdivision), fenced on three sides with ample expansion space
• Projected NOI: $240,093 Yr 1, NOI w 3% annual increase
• Zoning: Coveted M-1 Industrial

Parcel 2 – 10-Acre Development Parcel ($1,150,000)

• Frontage: 468 feet of frontage on Railroad Avenue
• Zoning: Coveted M-1 Industrial zoning allows for IOS, logistics, distribution, and manufacturing
• Utilities: Full utilities available

Highlights:

• Purchase together or separately
• Proximity: 3.25 miles to I-10, 0.5 miles to Hwy 59, 2.25 miles to Port Alabama Industrial Center
• Combined 20 acres in Baldwin County — the second fastest-growing county in Alabama and the 6th fastest-growing county in the U.S.
• Strong regional demand driven by Port of Mobile expansion ($100B+ impact) and the new Port Alabama Industrial Center
• Neighboring investments from Amazon, ALDI, Walmart Distribution, Budweiser, and Novelis Aluminum
• Excellent accessibility with high visibility and connectivity

Confidential Offering Memorandum available upon request.

PRATT THOMAS

Agent / Broker
pratt@mptco.com
251-476-0808