For Sale
$1,500,000

6459 University DrHuntsville, AL 35806

6,000 SF Office, High Traffic Area, $250/SF

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 6,000-square-foot Class A creative office building in Huntsville, Alabama, is available for sale at $1,500,000. Located on a 1.5-acre lot at 6459 University Drive, this single-story building boasts a prime location with 97 feet of frontage on a high-traffic corridor (approximately 51,200 cars daily). Recently renovated in 2021 with $1.5 million in improvements, the property features office space, a large reception area, a prep area, and a convenient roll-up door. The property is currently vacant and offered as a fee-simple ownership with a NNN lease type. Its strategic location offers easy access to Research Park Blvd (HWY 255), Interstate 565, and both Huntsville and Madison. The property benefits from strong tenant synergy, surrounded by numerous retail establishments including Target, Walmart, and CarMax, as well as residential areas, creating a robust consumer base. The building's previous use as an auto dealership provides adaptable space for various businesses. The pro-forma NOI is $102,000, resulting in a 6.80% pro-forma cap rate. The permitted zoning is CIP. This investment opportunity offers exceptional visibility and access within a vibrant retail/automotive corridor, just 0.6 miles from the Westside Center and six miles from downtown Huntsville.

Highlights

  • Opportunity Zone designation.
  • Exceptional visibility and access on high-traffic University Drive (approx. 51,200 cars daily).
  • Recently renovated in 2021 with $1.5 million in improvements.
  • Located in a vibrant retail/automotive corridor.
  • 6,000 SF Class A creative office building on a 1.5-acre lot.
  • Surrounded by strong demographics with above-average household incomes.

Property Details for 6459 University Dr

Property type
Office properties, Office space
Square Feet
6,000 SF
Class
A
Year Renovated
2021
Buildings
1
Stories
1
Lot Size (sq. ft)
65,340 SF
Units
1

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.7457887
Longitude
-86.6861343
6459 University Dr, Huntsville, Alabama

FAQs

What type of property is this?
Office property - 6,000 SF Office, High Traffic Area, $250/SF
Where is the office property located?
The property is located at 6459 University Dr Huntsville, AL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Opportunity Zone designation.; Exceptional visibility and access on high-traffic University Drive (approx. 51,200 cars daily).; Recently renovated in 2021 with $1.5 million in improvements.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6459 University Dr
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