Huntsville Flex/Office Investment
For Sale
Contact for pricing
Pending
133 West Park Loop NW, Huntsville, AL 35806
High-quality office and high-bay space near Cummings Research Park.
Property Size38,800 SF
Days on Market195
Property Features for 133 West Park Loop NW
General Information
Standard status
Pending
Size
38,800 SF
Class
A
Property subtype
Industrial, Office
Zoning
CIP
Occupancy
100%
Lease Type
Gross
Building Details
Year Built
1985
Year Renovated
2004
Buildings
3
Tenancy
Multi
Listing Agency:
Colliers - Kansas City, Missouri
(256) 533-0035
Listed By:
Drew Quinn · License #BR00046201
Source:
Crexi
Added: Jan 28
Changed: Aug 8
Last Checked: Jul 24 at 2:36PM
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 Colliers - Kansas City, Missouri
Investment Insights
Based on property information with market context.
Located in Huntsville, Alabama, 133 & 145 West Park Loop offer an investment opportunity in a growing defense and technology market. The properties, totaling 38,800 square feet, combine office space with functional high-bay integration areas. The location is near Cummings Research Park and Redstone Arsenal. The buildings are designed to accommodate advanced technology, engineering, and defense-oriented users, offering a blend of modern office environments and high-bay areas equipped with loading infrastructure.
Key Highlights
- Located in Huntsville, Alabama MSA, a fast‑growing defense and technology market.
- Proximity to Cummings Research Park (2nd largest in US) and Redstone Arsenal.
- Combines high‑quality office space with functional high‑bay integration areas.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$495,689
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,913,780
$9.9M
Cap Rate 7%
$7,081,271
$7.1M
Cap Rate 9%
$5,507,656
$5.5M
Market Conditions
NOI Build-Up for 38,800 SF
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.
Gross rent
$777.6K $20.04/SF
− Vacancy
−$116.6K −$3.01/SF
EGI
$660.9K $17.03/SF
− OpEx
−$165.2K −$4.26/SF
NOI
$495.7K $12.78/SF
Area
Huntsville, AL
Vacancy
15.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,913,780
Cap Rate 7%
$7,081,271
Cap Rate 9%
$5,507,656
Alternative Uses
Best Use
Office B
$7.08M
$6.20M – $8.26M
NOI $495,689 @ 7.0% cap · market cap 8.73%
Second Best
Flex RnD
$5.97M
$5.22M – $6.96M
NOI $417,643 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$10.10M
$8.84M – $11.79M
NOI $707,246 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35806, AL
25,702
Population
14,398
Households
1.8
Avg Household Size
36
Median Age
60%
College-Educated
97%
High-School Grad
25.4 sq mi
ZIP Area
1,012
Density / Sq Mi
$79,338
Median Household Income
$50,458
Median Earnings
$1,287
Median Rent
$318,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - High-quality office and high-bay space near Cummings Research Park.
Where is this flex space located?
The property is located at 133 West Park Loop NW Huntsville, AL.
What is the asking price?
The asking price for this property is $5,675,000.
What are key features of this property?
This property features: Located in Huntsville, Alabama MSA, a fast‑growing defense and technology market.; Proximity to Cummings Research Park (2nd largest in US) and Redstone Arsenal.; Combines high‑quality office space with functional high‑bay integration areas.
