Listed by Crunkleton Commercial Real Estate Group
$2,800,000
1221 North Memorial Pkwy
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 5,116
Brand/Tenant Dunkin', Five Guys
Pro-Forma Cap Rate 6.36%
Pro-Forma NOI $178,000
Price per SqFt $547
Year Built 2012
Acreage 1.100
Property is located on one of the city’s most highly trafficked roads (Memorial Parkway) with an est
Marketing description
Located directly in front of Huntsville’s only Costco, 1221 N Memorial Parkway is a high-visibility shopping center along one of Huntsville’s busiest corridors. Built in 2012, the center is home to its original tenants, Five Guys and Dunkin’ Donuts, benefiting from strong daily traffic, excellent street exposure on Memorial Parkway, and convenient access to downtown Huntsville and surrounding areas making it an ideal location for complementary retail users.
Investment highlights
Property is located on one of the city’s most highly trafficked roads (Memorial Parkway) with an estimated daily traffic count of more than 64,500.
Surrounded by national retailers, restaurants, and service businesses.
Growing residential communities nearby create built-in customer base.
Listing Contacts
Listed by Crunkleton Commercial Real Estate Group
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