For Sale
$3,600,000

7738 Madison Blvd Huntsville, AL 35806

High-yield medical office buildings in prime locations.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity comprises three medical office buildings totaling 7,975 square feet situated on two parcels in Huntsville, Alabama. The first property, located at 7738 Madison Blvd, encompasses approximately 7,975 square feet across two buildings on 1.07 acres. This location boasts convenient access to I-565 and proximity to Cummings Research Park, MidCity District, and Redstone Arsenal. Ample parking (36 spaces) is available. The second property, situated at 915 Bob Wallace Ave SW, offers 5,733 square feet on 0.56 acres, strategically positioned across from Whole Foods. This building benefits from high visibility and easy access to a diverse range of retail and dining options. Both properties offer significant potential for long-term growth and investment returns. Built in 1993, these well-maintained buildings provide a strong net operating income (NOI) of $256,370.60, resulting in an attractive 7.10% capitalization rate. The asking price for this portfolio is $3,600,000. This is a rare opportunity to acquire a well-established, high-performing medical office portfolio in a thriving market. The properties are ideally suited for healthcare providers, medical groups, or investors seeking a stable and profitable investment.

Highlights

  • 7,975 SF medical office space in two buildings on 1.07 acres at 7738 Madison Blvd, Madison, AL.
  • Ample parking (36 spaces) and well-maintained grounds.
  • Excellent access to I-565, Cummings Research Park, MidCity District, and Redstone Arsenal.
  • 5,733 SF medical office space in two buildings on 0.56 acres at 915 Bob Wallace Ave SW, Huntsville, AL, across from Whole Foods.
  • Prime location with high visibility and access to retail and dining.

Property Details for 7738 Madison Blvd

Property type
Office properties, Medical offices
Square Feet
7,975 SF
Year Built
1993
Buildings
3
Lot Size (sq. ft)
24,394 SF

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.694905
Longitude
-86.7079948

FAQs

What type of property is this?
Office property - High-yield medical office buildings in prime locations.
Where is the office property located?
The property is located at 7738 Madison Blvd Huntsville, AL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 7,975 SF medical office space in two buildings on 1.07 acres at 7738 Madison Blvd, Madison, AL.; Ample parking (36 spaces) and well-maintained grounds.; Excellent access to I-565, Cummings Research Park, MidCity District, and Redstone Arsenal.
How can I contact the broker?
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7738 Madison Blvd
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