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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.

Property Facts

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
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

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
  • Listing ID: 32503009

  • Date on Market: 2024-07-18

  • Last Updated:

  • Address: 11607 Memorial Pky, Huntsville, AL 35803

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