FOR LEASE APRIL 2020 FREESTANDING OFFICE/WAREHOUSE BUILDING 5531 POWDER PLANT LANE, BESSEMER, ALABAMA FACILITIY SIZE 12,500 SF Total 4,800 SF of office finish 7,700 SF Warehouse LAND SIZE 1.0 ACRE PROPERTY FEATURES Built in 2008 Dock high/grade level loading (+/-) 22’ Clear Height 400A, 3 Phase Electrical Service Ample Parking Light Industrial Zoning Located less than ½ mile from I20/59 OFFERED BY: SIMON FOWEATHER President, Thistle Properties, LLC +1 205 478 1191 [email protected] LOCATION Adjacent to the new Amazon Distribution Center Located ½ mile from Exit 108 I20/29 Property: 5531 Powder Plant Lane, Bessemer, AL 35022 REGIONAL POSITIONING Mazda/Toyota Honda Amazon Mercedes Benz Hyundai Property: 5531 Powder Plant Lane, Bessemer, AL 35022 AERIAL Property: 5531 Powder Plant Lane, Bessemer, AL 35022 SITE PLAN Property: 5531 Powder Plant Lane, Bessemer, AL 35022 BUILDING PICTURES 2nd Floor Open Office Area (carpet to be Typical Office Entrance with reception replaced) Kitchen Warehouse Loading Dock and Parking/Storage Property: 5531 Powder Plant Lane, Bessemer, AL 35022 LEASE SUMMARY LEASE SUMMARY Premises 12,500 SF on 1 Acre Term 10 Years, negotiable. Commencement Starting April 1st 2020 Base Year Rent $6.95, PSF Rent Increases 3.0% annually Expenses Triple Net Renewal Option Yes, negotiable Building Modifications Allowed upon approval Property: 5531 Powder Plant Lane, Bessemer, AL 35022 BIRMINGHAM MARKET OVERVIEW DIVERSIFIED ECONOMY Honda completed a plant in Lincoln, AL in 2001. This assembly facility is situated 45 miles east of Birmingham on Interstate 20 and 64 miles east of the Property. Honda builds its Birmingham is one of the strongest, most diversified economies in the Southeast. The Accord, Odyssey, Pilot , and Ridgeline car s, minivans, SUVs, and trucks at this facility. In different sectors that contribute to the economy are automotive manufacturing, steel 2014, Honda will add its MDX SUV production to this plant. Honda's total investment in the production, rail service, financial services and education. plant is $2 billion. Its production capacity is 350,000 vehicles per year. The plant employs 4,000 associates. Between 1881 and 1920, Birmingham established itself as one of the two largest manufacturing cities in the Southeast. Birmingham has one of the two primary railroad hubs Hyundai built a $1 billion auto assembly plant in Montgomery, AL in 2004. This assembly in the Southeast (the other is Atlanta). The excellent rail service and low labor costs attracted facility is located 93 miles south of the Birmingham on Interstate 65 and 98 miles south of the the steel industry, and later, rail and railroad car manufacturing. During the late 1960s, 1970s Property. Since then, the company has invested another $600 million in the facility. Hyundai and 1980s, Birmingham added new dimensions to its economy including financial services manufactures the Sonata, Elantra and Santa Fe models at this plant and the Lambda and and higher education. Between 1997 and 2004, foreign car manufacturers built three auto Theta engines. When the plant was announced, it was expected to generate an additional and truck manufacturing plants near Birmingham. They were attracted by the rail, steel 5,500 jobs and $500 million in investments from suppliers. In 2012, t he plant produced more production and low labor costs. than 350,000 vehicles. While each of these plants is located outside of the Birmingham- Hoover MSA, Birmingham is the primary commercial hub situated between them. See the AUTO MANUFACTURING map on the following page for locations of car assembly plants in the Southeast. Mercedes, Honda, and Hyundai manufactured 1,000,000 new cars in 2018 at the Alabama STEEL plants. Steel product manufacturers American Cast Iron Pipe Company (ACIPCO) and McWane are Mercedes-Benz completed initial construction of its plant in Vance, AL in July 1996. The plant based in the Birmingham. Several of the nation's largest steelmakers, including CMC Steel, is located 34 miles west of Birmingham and 19 miles east of Tuscaloosa on Interstate 59. U.S. Steel, and Nucor, have a major presence in Birmingham. In recent years, local steel Because of overwhelming demand, MBUSI invested an additional $80 million in 1998 and companies have announced approximately $100 million worth of investment in expansions 1999 to expand the plant and increase annual production by 20% to 80,000. During the first and new plants in and around Birmingham. eight years of production, some 350 vehicles a day came off the line, in two shifts. In 2011. Daimler announced plans for another $1.5 billion expansion for the production of the CCI ass, RAIL which began production in 2014, and a new 5th vehicle- the GLE Coupe which became available starting as a 2016 model. As a result of the worldwide success of the M-Class (now Birmingham is served by three major railroad freight companies, the Norfolk Southern called the GLE SUV), Daimler AG has continually invested, expanded, and more than tripled Corporation, CSX Transportation, and the BNSF Railway. Each of these companies has major production at MBUSI. As of today, Daimler AG has invested over $4.5 billion and continues to railroad yards in the metro area. Smaller regional railroads such as the Alabama Warrior invest in MBUSI in Tuscaloosa County, Alabama. MBUSI is responsible for more than 22,000 Railway and the direct and indirect jobs in the region, and has an annual economic impact of more than $1.5 B'1rmingham billion Southern Railroad also offer freight service to customers in Birmingham. Property: 5531 Powder Plant Lane, Bessemer, AL 35022 BIRMINGHAM MARKET OVERVIEW FINANCIAL SERVICES OTHER INTERESTING BUSINESSES IN BIRMINGHAM Birmingham is a leading banking center in the Southeast, serving as home to two major AT&T is believed to have one its national telco switches in Birmingham as a result of its banks, Regions Financial Corporation and BBVA Compass. In November 2006, Regions acquisition of BellSouth. Two of the largest soft-drink bottlers in the United States, each with Financial merged with AmSouth Bancorporation, which was also headquartered in more than $500 million in sales per year, are located in Birmingham. The Buffalo Rock Birmingham. They formed the 8th largest U.S. bank (in total assets). Wells Fargo Bank is Company is a major bot tler for the Pepsi Cola Company. The Coca-Cola Bottling Company believed to have a major regional operation in B·1rmingham as a result of its acquisition of United, Inc. is the thi rd- largest bottler of Coca-Cola products in the U.S. and the second Wachovia in 2008. Nearly a dozen smaller banks are also headquartered in Birmingham, largest privately held Coca-Cola bottling company not owned by The Coca-Cola Company. including Cadence Bank and New South Federal Savings Bank. As of 2009, the finance & banking sector in Birmingham employed 1,870 financial managers, 1,530 loan officers, 680 EDUCATION securities commodities and financial services sales agents, 380 financial analysts, 310 financial examiners, 220 credit analysts, and 130 loan counselors. The insurance companies Noteworthy higher education institutions in greater Birmingham inc lude the University of Protective Life, Infinity Property & Casualty, ProAssurance, and Liberty National have their Alabama at Birmingham (UAB), Samford University ( includes the Cumberland School of Law), headquarters in Birmingham. These financial services companies employ a large number of Birmingham School of Law, Miles College, the independent Miles Law School, Jefferson State people. Community College, B·1rmingham-Southern College, University of Montevallo (in Shelby County), Lawson State Community College, and Virgin ia College in Birmingham. UAB was HEALTHCARE founded in 1969 and is now the largest employer in Birmingham and t he second largest in Alabama with a workforce of about 18,750. The student enrol lment is approximately 18,000. Healthcare is one of the largest industries in Birmingham. Major hospitals in Birmingham UAB has made significant invest ments in bio-technology and medical research . include UAB Hospital, Brookwood Baptist Medical Center, Grandview Medical Center, St. Vincent's Birmingham, St. Vincent's East, Birmingham VA Medical Center and Children's of TRANSPORTATION Alabama. A number of local hospitals have received high national rankings in certain specialties and have initiated or are planning modernization, expansion or relocation projects Highway Birmingham is served by four Interstate Highways: Interstate 20, Interstate 65, to upgrade their facilities. Firms in other industries that provide products and services to the Interstate 59, and Interstate 22, as well as a southern bypass expressway Interstate 459, healthcare industry are drawn to Birmingham by its large collection of healthcare services. which connects with 1-20/59 to the southwest, with 1-65 the south, 1-20 t o the east, and 1-59 These firms often serve larger regional and national markets but in many cases are based in to the northeast. Birmingham. Airport Birmingham is served by the Birmingham-Shuttlesworth International Airport (BHM). The University of Alabama at Birmingham (UAB) is Alabama's second largest employer with This airport serves more than 3 million passengers every year. With more than 160 flights more than 23,000 employees and a statewide economic impact exceeding $5 billion daily, the airport offers flights to 37 cities across the United States. Commercial passenger annually. The UAB Health System encompasses a cluster