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11850 US-231 431 N SUITE J Meridianville AL 35759-2159

[Locked] • APN 557318

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Details
Property Type Retail
Sub Type Shopping Center
Building SqFt 8,639
Lot SqFt 36,722
Acreage ******
Number of Units 6
Zoning Code NZ
Year Built 2021
Opportunity Zone No
Mortgage Amount ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******
Tax Year ******
Tax Land ******
Tax Assessed Value ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description

Colliers is pleased to present Olympia Crossing, a best-in-class, +/- 16,020-square-foot new-construction, unanchored strip center strategically positioned in the rapidly expanding Huntsville, Alabama market. Situated along Highway 231/431 — a high-visibility corridor carrying in excess of 34,000 vehicles per day — the property is located within the Meridianville submarket, which has experienced extraordinary population growth of 122% from 2000 to 2025.

The property sits within immediate proximity to North Village Town Center, a $240 million mixed-use development headlined by Target and Home Depot, encompassing more than 500,000 square feet of retail. In addition, Huntsville

Hospital has announced plans to develop a $50 million emergency room and imaging center on land adjacent to North Village Town Center — further anchoring the corridor as a regional destination.

Investment Highlights

Recently Constructed, Unanchored Strip Center in a Booming Huntsville Growth Corridor:

  • Dual-phase construction (2022 / 2025) significantly limits near-term capital expenditure exposure
  • Mark-to-market upside- as current in-place rent present an opportunity to push rates upon lease renewal or re-tenanting
  • Positioned within minutes to a $240 million retail development and a planned $50 million hospital campus, reinforcing sustained co-tenancy demand

Explosive Growth in Meridianville — A Submarket on the Move:

  • Meridianville has emerged as one of North Alabama’s most dynamic growth corridors, driven by the northward expansion of residential and commercial development radiating from Huntsville proper
  • Exceptional Trade Area Demographics: Madison County and the greater Huntsville MSA consistently rank among the fastest-growing metros in the Southeast, supported by sustained federal defense investment at Redstone Arsenal, a thriving aerospace and technology sector, and ongoing in-migration from higher-cost markets
  • • Traffic counts exceeding 34,000 VPD along Hwy 231/431
  • • 3-mile average household income of $120,394
  • • 122% population growth within 3 miles from 2000 to 2025

Huntsville — One of the Fastest-Growing MSAs in the United States:

  • The Huntsville MSA is home to over 1.2 million people and ranks as the 15th-fastest-growing metropolitan statistical area in the nation
  • Huntsville posted a 2.6% population growth rate in 2025 — ranking among the six fastest-growing cities nationally — and is averaging approximately 11,000 new residents annually

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
HK
Henry Kushner PRO
•••.•••.9840
•••••.•••hner@••••••••.com
Brokerage logo
Listing removed on
 BY:
JM
Joseph Montgomery
•••.•••.5514
•••.••••••mery@••••••••.com
Brokerage logo

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