Modern Retail Center Investment
For Sale
Contact for pricing
1671 Winchester Rd NE, Huntsville, AL 35811
Recently constructed retail center in high-growth Huntsville area.
Property Size5,400 SF
Price / SF$379.63
Days on Market172
Property Features for 1671 Winchester Rd NE
General Information
Standard status
Active
Size
5,400 SF
Class
A
Total Parking Spaces
30
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Year Built
2025
Buildings
1
Stories
1
Units
3
Tenancy
Single
Listing Agency:
Keller Williams Realty Huntsville
(256) 337-4555
Listed By:
Jennifer Rose · License #62773 AL
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 10 at 3:01PM
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 Keller Williams Realty Huntsville
Investment Insights
Based on property information with market context.
This recently constructed retail center, completed in 2025, offers a modern space in a high-visibility location. The property features approximately 5,400 square feet, divided into three 1,800-square-foot units, with two available as dark shells, suitable for custom tenant build-outs. The location experiences traffic counts exceeding 22,000 vehicles per day. It is positioned near national tenants such as Penera Bread, Walmart, ALDI, Starbucks, Publix Grocery, Whataburger, Tropical Smoothie, Taco Bell, Tire Discounters, Autozone, Express Oil Change, and CVS Pharmacy. The surrounding area has average household incomes surpassing $105,000. The property's proximity to Alabama A&M University and the Trailhead community enhances its appeal. It is suited for retail, dining, medical, or office spaces and is located in one of Huntsville’s fastest-growing areas.
Key Highlights
- New retail center constructed in 2025 in a fast‑growing area of Huntsville.
- High‑visibility location on Winchester Road with over 22,000 vehicles per day.**
- Three versatile 1,800‑square‑foot units, two available as dark shells for custom build‑outs.
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
$65,999
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
3.22%
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%
$1,319,980
$1.3M
Cap Rate 7%
$942,843
$942.8K
Cap Rate 9%
$733,322
$733.3K
Market Conditions
NOI Build-Up for 5,400 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
$97.2K $18.00/SF
− Vacancy
−$2.9K −$0.54/SF
EGI
$94.3K $17.46/SF
− OpEx
−$28.3K −$5.24/SF
NOI
$66.0K $12.22/SF
Area
Huntsville, AL
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,319,980
Cap Rate 7%
$942,843
Cap Rate 9%
$733,322
Alternative Uses
Best Use
Retail
$942.8K
$825.0K – $1.10M
NOI $65,999 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,431 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35811, AL
30,075
Population
12,314
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
641
Density / Sq Mi
$92,361
Median Household Income
$45,038
Median Earnings
$1,048
Median Rent
$249,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Shields Plaza Shopping Ctr — 1338 winchester rd ne, huntsville, al 35811
Frequently Asked Questions
What type of property is this?
Shopping center - Recently constructed retail center in high-growth Huntsville area.
Where is this shopping center located?
The property is located at 1671 Winchester Rd NE Huntsville, AL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: New retail center constructed in 2025 in a fast‑growing area of Huntsville.; High‑visibility location on Winchester Road with over 22,000 vehicles per day.**; Three versatile 1,800‑square‑foot units, two available as dark shells for custom build‑outs.
