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Goodwill 7105 Highway 72 W 21,000 SF Retail Building Huntsville, AL 35806 $8,629,737 CAD ($410.94 CAD/SF) 6% Cap Rate
Investment Highlights
- Long-term lease through October 2036
- Renovated in 2021 for Goodwill’s tenancy
- Large 2.8-acre lot (Possible outparcel development opportunity)
- Significant 10%+ population growth projected through 2030 (3-mile radius)
- Alabama Goodwill Industries was founded in 1927 and operates 35 locations
- Positioned along Highway 72 West (52,000 vehicles per day)
Executive Summary
The 21,000 square-foot building is strategically positioned along Highway 72 West, a primary corridor traveled by more than 52,000 vehicles per day. The site sits within a retail corridor anchored by Kroger, Audi, Volkswagen, Texas Roadhouse, Starbucks, Circle K, Buffalo Wild Wings, Popeyes, Bojangles, and several others. The property is within walking distance of 769 apartment units spanning three communities, Capital Park at 72 West, Sanctuary at Indian Creek, and Highland Pointe Apartments. It is also located just 20 minutes north of NASA’s Marshall Space Flight Center and Cummings Research Park, the nation’s second-largest research park, home to more than 300 companies across aerospace, defense, biotechnology, and advanced manufacturing. The surrounding area is both densely populated and affluent, with more than 129,000 residents within ?ve miles, an average household income surpassing $120,000 within three miles, and projected population growth of 10% or more through 2030.
Alabama Goodwill Industries, Inc., founded in Birmingham in 1927, is a nonpro?t social enterprise dedicated to providing job training, employment placement, and vocational rehabilitation services to individuals facing barriers to work, especially those with disabilities. Operating entirely through the revenue generated by its network of 17 thrift stores and 18 attended donation centers across north and central Alabama—including locations in Birmingham, Huntsville, Montgomery, Mobile, and surrounding communities—Alabama Goodwill transforms donated clothing and household goods into life-changing opportunities.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Oct 2036
Goodwill a été fondée à Boston par le révérend Edgar J. Helms, un ministre méthodiste et un des premiers innovateurs sociaux. Helms créa la philosophie de bonne volonté de « non pas la charité, mais une chance » lorsqu'il collectionnait des articles ménagers et des vêtements usagés dans les quartiers les plus riches de la ville, puis formait et embauchait des personnes pauvres pour réparer et réparer les biens usagés. Les marchandises ont ensuite été vendues ou données aux personnes qui les réparaient. Plus d'un siècle plus tard, Goodwill demeure un nom bien établi et un important fournisseur sans but lucratif de services éducatifs et liés à la main-d'œuvre. Goodwill Industries International (GII) est basée à Rockville, dans le Maryland, à l'extérieur de Washington D.C. L'entreprise Goodwill est un réseau de nombreuses organisations communautaires autonomes aux États-Unis et au Canada, présentes dans une douzaine d'autres pays. Pour répondre aux besoins de leurs collectivités locales, chaque organisme local de bonne volonté conçoit ses propres programmes et services pour aider les gens à trouver du travail près de chez eux.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Oct 2036 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-07-26-2-000-010.000 | Improvements Assessment | $484,939 CAD |
| Land Assessment | $392,869 CAD | Total Assessment | $877,808 CAD |
Property Taxes
Presented by
Goodwill | 7105 Highway 72 W
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