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2130 Redstone Rd Huntsville, AL 35803

High-traffic retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fully leased, 16,185 square foot shopping center strategically located at 2130 Redstone Rd SW in Huntsville, Alabama, 35803. Situated on a 1.55-acre lot, this property boasts a prime location just off Highway 231, ensuring high visibility and accessibility. Built in 2016, the center comprises six units, currently enjoying 100% occupancy with a diverse tenant mix. Leases are structured on a Net basis, with a significant remaining term of 10 years, providing immediate and long-term cash flow. The property is zoned for Light Industrial use, offering flexibility for future expansion or adaptation. The current Net Operating Income (NOI) stands at $278,745, with a pro-forma NOI mirroring this figure, indicating strong financial performance and stability. This well-maintained shopping center represents a compelling investment opportunity for discerning buyers seeking a high-performing asset in a thriving market. The property's strong tenant roster, coupled with its prime location and substantial remaining lease term, ensures a secure and lucrative return on investment. This is a rare chance to acquire a turnkey retail property with exceptional potential for continued growth and appreciation.

Highlights

  • 16,185 SF shopping center with six tenants, 100% occupancy.
  • Located on a 1.55-acre lot at 2130 Redstone Rd SW, Huntsville, AL, off Highway 231.
  • Built in 2016, with a Net lease structure and 10+ years remaining lease term.
  • $278,745 current and pro-forma NOI.
  • Light Industrial zoning.

Property Details for 2130 Redstone Rd

Property type
Lifestyle centers, Power centers
Square Feet
16,185 SF
Year Built
2016
Lot Size (sq. ft)
67,518 SF
Units
6

Location Insight

City
Huntsville
County
Madison
State
Alabama
Latitude
34.617765
Longitude
-86.570015

FAQs

What type of property is this?
Lifestyle center - High-traffic retail center, 100% occupied.
Where is the lifestyle center located?
The property is located at 2130 Redstone Rd Huntsville, AL.
What are key features of this property?
This property features: 16,185 SF shopping center with six tenants, 100% occupancy.; Located on a 1.55-acre lot at 2130 Redstone Rd SW, Huntsville, AL, off Highway 231.; Built in 2016, with a Net lease structure and 10+ years remaining lease term.
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2130 Redstone Rd
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