Goodwill
6.00% Cap Rate | Recent Renovation | Huntsville MSA
Investment highlights
Positioned within the Huntsville MSA
Long-term lease through October 2036
Significant 10%+ population growth projected through 2030 (3-mile radius)
Renovated in 2021 for Goodwill’s tenancy
Alabama Goodwill Industries was founded in 1927 and operates 35 locations
NNN lease – Goodwill is responsible for the day-to-day upkeep of the property
5% rental escalations every five years
Large 2.8-acre lot (Possible outparcel development opportunity)
Positioned along Highway 72 West (52,000 vehicles per day)
Nearby retailers include Kroger, Audi, Volkswagen, Texas Roadhouse, Starbucks, Circle K, Buffalo Wild Wings, Popeyes, Bojangles, and several others
129,000+ people live within a five-mile radius
Average household income within 3 miles surpasses $120,000
Within walking distance of 769 apartment units across three communities — Capital Park at 72 West, Sanctuary at Indian Creek, and Highland Pointe Apartments
Located just 20 minutes North of NASA’s Marshall Space Flight Center and Cummings Research Park—the nation’s second-largest research park, hosting over 300 companies in aerospace, defense, biotechnology, and advanced manufacturing
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