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11607 Memorial Pky 40,000 SF 100% Leased Industrial Building Huntsville, AL 35803 For Sale
Investment Highlights
- Industrial Flex Investment Opportunity with Excess Land
- 5 year NNN lease with one, 5-year renewal option
- Year 1 NOI: $220,000
- 100% leased facility with national tenant
- New roof installed in 2022; sprinkler system in place
Executive Summary
This investment opportunity offers a fully leased building by a national tenant. A five (5) year NNN lease is in place, with a five (5) year renewal option. The property is situated
in South Huntsville along one of Huntsville's major traffic thoroughfares, and is surrounded by commercial and retail use.
in South Huntsville along one of Huntsville's major traffic thoroughfares, and is surrounded by commercial and retail use.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1965 |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Dock-High Doors/Loading | 7 |
| Lot Size | 2.76 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 40,000 SF | ||
| Zoning | LI - Light Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.76 AC |
| Rentable Building Area | 40,000 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | LI - Light Industrial |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 23-03-07-1-003-023.000 | Improvements Assessment | $214,298 CAD |
| Land Assessment | $59,573 CAD | Total Assessment | $273,871 CAD |
Property Taxes
Parcel Number
23-03-07-1-003-023.000
Land Assessment
$59,573 CAD
Improvements Assessment
$214,298 CAD
Total Assessment
$273,871 CAD
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11607 Memorial Pky
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