Kratos 4904 NW Research Dr 37,285 SF 100% Leased Office Building Huntsville, AL 35805 $12,652,743 CAD ($339.35 CAD/SF) 7% Cap Rate

This office property at 4904 Research Drive offers an attractive investment opportunity within Huntsville’s rapidly expanding business corridor. Positioned in the heart of Cummings Research Park and adjacent to Redstone Arsenal, the property aligns with a market known for its robust technology, defense, and advanced manufacturing sectors. Huntsville’s reputation as Alabama’s largest city, combined with a rich concentration of employers in aerospace, life sciences, and information technology, enhances the long-term stability and income potential of this asset.
The surrounding economic landscape is anchored by growth drivers such as the U.S. Space Command Headquarters, projected to bring over 1,400 new jobs, and a $6 billion Eli Lilly pharmaceutical manufacturing facility currently under development. Key corporations including Aerojet Rocketdyne, Toyota, Mazda, and Blue Origin further underscore the region’s prominence in high-tech and defense industries.
Investors will benefit not only from Huntsville’s strong population growth—15.9% over the past five years—but also from consistent institutional demand within this submarket. With a reported cap rate of 6.73% and fundamentals driven by advanced engineering and defense contracts, the property presents significant upside for portfolio growth.