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Huntsville Office and Lab Portfolio
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675 Discovery Drive Northwest, Huntsville, AL 35806

98% leased office, lab, and high bay portfolio for sale.

Property Size165,797 SF
Days on Market91

Property Features for 675 Discovery Drive Northwest

General Information

Standard status Active
Size 165,797 SF
Property subtype Office
Occupancy 98%

Building Details

Year Built 1990
Buildings 2
Units 612
Listing Agency: CBRE - Nashville
Listed By: Morgan Hillenmeyer · License #301337
Source: Crexi
Added: May 15 Changed: Aug 8 Last Checked: Aug 13 at 11:15AM

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 CBRE - Nashville

Investment Insights

Based on property information with market context.

Discovery Center II & III is a 98% leased, two-building portfolio featuring office, specialty lab, and high bay spaces, totaling 165,797 square feet. The buildings are each three stories. Located in Cummings Research Park West, the second-largest research park in the US, the property is home to engineering, defense, and technology companies, including Technology Services Corporation, Trideum Corporation, Sentar, and Pond & Company. The Discovery Center Portfolio has maintained an average occupancy of 92%+ over the last 10 years. The location, campus setting, space configuration, and quality of the office, specialty lab, and high bay space have contributed to attracting and retaining strong tenancy. The property is situated in a market with a well-educated employment base, with a high number of PhDs per capita. This asset offers the opportunity to purchase a stabilized portfolio in a market poised for rent growth with a growing and diversifying economy.

Key Highlights

  • 98% leased office, specialty lab, and high bay portfolio providing immediate stabilized income.
  • Located in Cummings Research Park West, the 2nd largest research park in the US.
  • Strong tenant base of top‑tier engineering, defense, and technology companies.

Property Analytics

Current Use

Siemens Plm Software, ... (Bike/Boat/Book/etc) Store INTERFUZE Corporation Corporate Office Future Research Corporation Corporate Office 4M Research Business Service Center Premier Title Law Firm

Suggested Use

Top Pick Dental Office Parking Lot & Garage Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 98% leased office, lab, and high bay portfolio for sale.
Where is this office building located?
The property is located at 675 Discovery Drive Northwest Huntsville, AL.
What are key features of this property?
This property features: 98% leased office, specialty lab, and high bay portfolio providing immediate stabilized income.; Located in Cummings Research Park West, the 2nd largest research park in the US.; Strong tenant base of top‑tier engineering, defense, and technology companies.
More about this property
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