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4008 University Dr 7,900 SF Vacant Retail Building Huntsville, AL 35816 $2,233,472 CAD ($282.72 CAD/SF) 7.61% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Situated at the major intersection of University Dr. (Hwy. 231) and Jordan Lane (Hwy. 53).
  • Next to the highest-grossing McDonald's, ensuring strong foot traffic.

EXECUTIVE SUMMARY

Custom Buildout, New Asphalt, New Flooring... Available with Purchase! OPPORTUNITY ZONE- Pay Zero Capital Gains! Solid Brick Building, former Bank building. 40 Parking + more if the drive thru is removed. Solid 25 year rental history. Located at the major intersection of University Dr. (Hwy. 231) and Jordan Lane. (Hwy. 53) Next door to the highest grossing McDonalds. 2 Separate units (avg. 3300 s.f. each) or 6800 SF Retail etc. Utilized as 1 large space which connect with an interior hallway and Courtyard.
BONUS 2100 SF Basement Storage room with shelving in place!

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
7,900 SF
Building Class
B
Year Built/Renovated
1978/1999
Price
$2,233,472 CAD
Price Per SF
$282.72 CAD
Cap Rate
7.61%
NOI
$170,023 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
Light Industry - Opportunity Zone, No Capital Gains tax From Retail to Restaurant, office Industrial and everything in between.
Parking
40 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
350’ on University Drive

AMENITIES

  • 24 Hour Access
  • Banking
  • Conferencing Facility
  • Courtyard
  • Freeway Visibility
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Storage Space
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 2
  • 7,400 SF
  • Retail
  • Outparcel
  • Now

Fully customizable. Formerly retail and banking and offers quite a number of possibilities. Solid brick construction. High ceilings offer a feeling of grandeur. Two spaces connected by a central hallway and courtyard. Exceptional storage available and plenty of parking in both the front and back of the building. New asphalt and stripping forthcoming.

Space Size Space Use Position Available
2 7,400 SF Retail Outparcel Now

2

Size
7,400 SF
Space Use
Retail
Position
Outparcel
Available
Now

2

Size 7,400 SF
Space Use Retail
Position Outparcel
Available Now

Fully customizable. Formerly retail and banking and offers quite a number of possibilities. Solid brick construction. High ceilings offer a feeling of grandeur. Two spaces connected by a central hallway and courtyard. Exceptional storage available and plenty of parking in both the front and back of the building. New asphalt and stripping forthcoming.

Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

PNC Bank
Regions Bank
Scooter's Coffee
Dutch Bros
Dreamland  Bar-B-Que
Waffle House
Checkers
Olive Garden
Buddy's Home Furnishings
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-08-33-1-002-017.000
Land Assessment
$62,162 CAD (2025)
Improvements Assessment
$224,286 CAD (2025)
Total Assessment
$286,448 CAD (2025)
  • Listing ID: 36518426

  • Date on Market: 2025-06-27

  • Last Updated:

  • Address: 4008 University Dr, Huntsville, AL 35816

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