376 Dan Tibbs RdHuntsville, AL 35806

Property Details for 376 Dan Tibbs Rd

Year built

2010

Lot size

3.00 AC

Property size (Sq ft)

7,500 SF

Property type

Retail properties

APN

14-04-18-0-003-054.000

APU

1404180003054000

Description

This exceptional investment opportunity presents a 7,529-square-foot warehouse in Huntsville, Alabama, currently leased to United Rentals, the world's largest equipment rental company. The property sits on a 3.1-acre lot and boasts a strong, credit-rated tenant with a lease extending to December 31, 2031, offering significant remaining lease term of 7.1 years. The lease includes built-in rent bumps—12% in July 2028 and 10% every five years thereafter—providing substantial future income growth. Four 5-year renewal options further enhance the long-term stability of this investment. The property's strategic location on Dan Tibbs Road, near Highways 255 and 53, ensures high visibility and accessibility. The building, constructed in 2008, benefits from its proximity to a thriving industrial corridor with established tenants, including Ferguson Plumbing Supply, Axion Corporation, and others. The surrounding area exhibits robust growth, with a projected 12.8% increase in household income within a one-mile radius over the next five years. The current Net Operating Income (NOI) stands at $196,572, yielding a 6.25% cap rate. The asking price is $3,145,000, translating to $417.72 per square foot. This property offers a compelling combination of a secure, long-term lease, significant rent growth potential, and a prime location within a rapidly expanding market. The low coverage industrial building also includes outdoor storage space, adding to its versatility and appeal. With over 100,000 people residing within a five-mile radius and an average household income exceeding $94,737, this investment presents a rare opportunity to acquire a high-quality, income-producing asset in a dynamic and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,832,500

  6.5%

  $1,691,540

  7%

  $1,570,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,270,540

  Geo Method

  $1,521,470

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,318,120

  Mixed-Use / Specialty

  $1,677,650

  Hospitality / Lodging

  $1,220,600

  Office

  $1,659,500

  Institutional / Educational

  $1,741,270

  Residential Income

  $2,037,290

  Multifamily

  $2,486,990

  Automotive / Energy

  $1,492,520

  Parking / Income-Based Land

  $522,815

  Restaurant / Food Service

  $855,783

  Healthcare / Senior Housing

  $1,728,460

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7781

Longitude

-86.6684

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].