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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31275484
31275485

7105 Hwy 72 W, Huntsville, AL 35806

RB
IL IL 471005983
The Boulder Group
JG
IL 471007006
The Boulder Group
JF
IL 475154756
The Boulder Group
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by The Boulder Group, Bang Realty
$6,248,000
90 days on market
Updated 90 days ago

Goodwill

Details
Property Type Retail
Sub Type Storefront
Square Footage 21,000
Cap Rate 6%
NOI $374,850
Occupancy 100%
Tenancy Single
Brand/Tenant Goodwill
Lease Type NNN
Lease Expiration 10/31/2036
Remaining Term 10.4
Rent Bumps Yes
Lease Options Three 5-year
Price per SqFt $298
Year Built 1986
Year Renovated 2021
Acreage 2.880
Investment Type Net Lease

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

Listing Contacts

RB
IL IL 471005983
The Boulder Group
JG
IL 471007006
The Boulder Group
JF
IL 475154756
The Boulder Group
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by The Boulder Group, Bang Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$374,850.00
$31,237.50/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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