Multi-Unit Retail Shopping
222 Brindlee Mountain Parkway N Arab, AL 35016
222 Brindlee Mountain Parkway N, Arab, AL, 35016
$799,000
For Sale
$799,000
A 6,500± sq ft shopping center configured as five retail units with additional second-level space for future expansion.
Property Size6,500 SF
Price / SF$122.92
Days on Market9
Property Features for 222 Brindlee Mountain Parkway N
General Information
- Standard status
- Active
- Size
- 6,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
Bhgre Southern Premiere - Arab
(256) 586-7450
Listed by
Celeste Wooten
(256) 586-7450
Source
Alabamaland
Added: Jul 14 Updated: Jul 22 at 2:33AM Checked: Jul 22 at 2:33AM
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 Bhgre Southern Premiere - Arab
Investment Insights
Based on property information with market context.
Located at 222 Brindlee Mountain Parkway N in Arab, Alabama, this retail shopping center totals 6,500± sq ft and is divided into five separate units, with individual unit sizes described in the 1,200–2,000 sq ft range. The property also includes additional second-level space, providing opportunities for growth beyond the existing ground-floor configuration.
The center is positioned on a high-traffic corridor and is described as offering excellent visibility. It’s located just a short drive from Huntsville, in an area that is seeing continued commercial growth.
Designed for flexible occupancy, the five-unit layout can support a mix of tenant operations under one ownership, whether for investment or for an owner-occupant seeking rental income alongside their own space.
The center is positioned on a high-traffic corridor and is described as offering excellent visibility. It’s located just a short drive from Huntsville, in an area that is seeing continued commercial growth.
Designed for flexible occupancy, the five-unit layout can support a mix of tenant operations under one ownership, whether for investment or for an owner-occupant seeking rental income alongside their own space.
Key Highlights
- Commercial shopping center built in 2008 with 6,500± SF total retail space
- Configured as five retail units with unit sizes ranging from 1,200 to 2,000 SF
- Includes additional second‑level space that can support future expansion
Local Financial Insights For Retail
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 | $64.7k | $9.96 |
| − Vacancy | −$5.5k | −$0.85 |
| EGI | $59.2k | $9.11 |
| − OpEx | −$17.8k | −$2.73 |
| NOI | $41.5k | $6.38 |
6,500 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$592.4K
$518.3K – $691.1K
NOI $41,466 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,205 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Glasses For Less Arab ...
Ophthalmologist
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FAQs
What type of property is this?
Strip mall - A 6,500± sq ft shopping center configured as five retail units with additional second-level space for future expansion.
Where is this strip mall located?
The property is located at 222 Brindlee Mountain Parkway N Arab, AL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Commercial shopping center built in 2008 with 6,500± SF total retail space; Configured as five retail units with unit sizes ranging from 1,200 to 2,000 SF; Includes additional second‑level space that can support future expansion
