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4249 Balmoral Dr SW
Huntsville, AL 35801
Retail Property For Sale
Investment Highlights
- Frontage on Balmoral Drive, just off Airport Road seeing 36,298 VPD
- Tenant's current lease expiration: 11/20/2029 | Tenant since 2006
- 1.77-acre lot with ample parking
- Current NOI: $181,500 w/ True NNN lease structure
- (2) 5-year options remain with 10% bumps at each option period
- Zoned C-1 (Community Business District)
Executive Summary
An outstanding investment opportunity, 4249 Balmoral is a single tenant property occupied by Logan’s Roadhouse, a well-known national restaurant brand. Situated in a highly trafficked area, the site benefits from strong visibility, easy access, and a steady flow of consumer activity. The surrounding retail and commercial developments further enhance the property’s long-term investment potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,839 SF
Building Class
B
Year Built
1998
Price
$3,820,300 CAD
Price Per SF
$487.35 CAD
Cap Rate
6.60%
NOI
$252,140 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.77 AC
Zoning
C1 - In Alabama, C-1 Zoning typically refers to a Neighborhood Commercial Zone, designed for small-scale businesses.
Parking
120 Spaces (15.31 Spaces per 1,000 SF Leased)
Frontage
139’ on Balmoral Dr
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 17-06-13-1-002-017.001 | Improvements Assessment | $331,713 CAD |
| Land Assessment | $290,815 CAD | Total Assessment | $622,528 CAD |
Property Taxes
Parcel Number
17-06-13-1-002-017.001
Land Assessment
$290,815 CAD
Improvements Assessment
$331,713 CAD
Total Assessment
$622,528 CAD
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