Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

702 Arcadia Cir NW 3,110 SF 100% Leased Office Building Huntsville, AL 35801 $558,228 CAD ($179.49 CAD/SF) 5.60% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Convenient Location to Memorial Parkway and Downtown
  • Value Add
  • Multi-Tenant

EXECUTIVE SUMMARY

Calling All Investors! Value Add Fully Occupied 6 Unit Mini-Office Building. All Units Have Restroom. Full Brick, Zoned Light Industrial. Convenient Location Near Memorial Parkway and Downtown. Expenses Available. Please Do Not Disturb Tenants.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $51,638 $16.60
Other Income - -
Vacancy Loss - -
Effective Gross Income $51,638 $16.60
Taxes $4,627 $1.49
Operating Expenses - -
Total Expenses $4,627 $1.49
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $51,638
Annual Per SF $16.60
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $51,638
Annual Per SF $16.60
Taxes (CAD)
Annual $4,627
Annual Per SF $1.49
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $4,627
Annual Per SF $1.49
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,110 SF
Building Class
C
Year Built
1977
Price
$558,228 CAD
Price Per SF
$179.49 CAD
Cap Rate
5.60%
NOI
$31,261 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,110 SF
Building FAR
0.17
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
L-I - Light Industrial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Bahm Construction
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Manufacturing
  • -
  • -
  • -

For over 5 years, our business has helped a wide range of clients in northern Alabama reduce the energy costs associated with artificial lighting by bringing free, abundant daylight into their home or business. With a reputation for affordability, quality, custom installation and dedicated service, Skylight Options is a VELUX Skylight Specialist. From residential to commercial applications, Skylight Options proudly carries a full line of energy-efficient, architectural grade VELUX daylighting solutions - including skylights, SUN TUNNEL skylights and accessories. The best skylights on the market at a fair price.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Bahm Construction Professional, Scientific, and Technical Services - - -
Manufacturing - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-07-26-4-004-025.000
Land Assessment
$18,190 CAD (2025)
Improvements Assessment
$68,051 CAD (2025)
Total Assessment
$86,242 CAD (2025)
Annual Taxes
$4,627 CAD ($1.49 CAD/SF)
Tax Year
2024
  • Listing ID: 37629727

  • Date on Market: 2025-09-11

  • Last Updated:

  • Address: 702 Arcadia Cir NW, Huntsville, AL 35801

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}