124 Jetplex Blvd SW, Huntsville, AL 35824
Two-story office building with secured conference rooms and SCIF space.
- Added:
- Jun 20, 2024
- Days on Market:
- 728
- Last Refresh:
- May 12 at 10:05 pm
Property Features for 124 Jetplex Blvd SW
General Information
- Standard status
- Active
- Size
- 63,000 SF
- Property subtype
- Office
Listing agent Bart Smith License #AL 000071205
Listing office Graham & Company Huntsville
Listing date Jun 20, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Graham & Company Huntsville
HighLights
- 60,000 SF total space ideal for a single tenant office user.
- Located only 3 miles from Redstone Arsenal.
- Convenient access to I‑565.
- 30,000 SF of SCIF space on the 2nd floor.
- Multiple secured pod areas ideal for cubicle/workstation environments.
- 30,000 SF of secured conference rooms and meeting area on the 1st floor.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.26M | $20.04 |
| − Vacancy | −$189.4k | −$3.01 |
| EGI | $1.07M | $17.03 |
| − OpEx | −$268.3k | −$4.26 |
| NOI | $804.9k | $12.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.757472
- Latitude
- 34.645554
