Goodwill 8920 Memorial Pky 29,520 SF Retail Building Huntsville, AL 35802 $8,123,002 CAD ($275.17 CAD/SF) 6% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Goodwill property located in Huntsville, Alabama. The property was extensively renovated for Goodwill in 2025 and features a long-term lease through January 2040. The lease is triple net and features 5% rental escalations throughout the primary term and three 5-year renewal options.
The 29,520-square-foot building is strategically positioned along US Highway 231/Memorial Parkway Southwest, a major thoroughfare traveled by more than 65,000 vehicles per day. The property sits within a dense retail corridor anchored by national brands such as The Home Depot, Sam’s Club, Lowe’s Home Improvement, Publix, and Kroger, and is within walking distance of the new Hays Farm master-planned development featuring 600+ multifamily units. Huntsville is a nationally recognized hub for aerospace research and development, and the site is less than 20 minutes from 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 property is also located near Grissom High School, which enrolls approximately 1,900 students. The surrounding area is both well-populated and affluent, with 87,000 residents within ?ve miles and an average household income exceeding $119,000 within three miles.
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.