Renovated Storefront
For Sale
Contact for pricing
7105 Hwy 72 W, Huntsville, AL 35806
Recently updated commercial property positioned within the Huntsville MSA.
Property Size21,000 SF
Price / SF$297.52
Days on Market160
Property Features for 7105 Hwy 72 W
General Information
Standard status
Active
Size
21,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$374,850
Additional Details
Cap Rate
6%
Building Details
Year Built
1986
Year Renovated
2021
Tenancy
Single
Listing Agency:
The Boulder Group
(888) 737-2264
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Mar 25
Changed: Aug 30
Last Checked: Aug 30 at 7:11PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This storefront property offers 21,000 square feet of commercial space and was originally built in 1986. The improvements have undergone a recent renovation, providing an updated physical setting for the asset.
Located at 7105 Hwy 72 W in Huntsville, Alabama, the property is within the Huntsville MSA. The offering reflects a 6.00% cap rate and combines an established building footprint with recent renovation work.
Located at 7105 Hwy 72 W in Huntsville, Alabama, the property is within the Huntsville MSA. The offering reflects a 6.00% cap rate and combines an established building footprint with recent renovation work.
Key Highlights
- 21,000 square feet of commercial space
- Recent renovation
- 6.00% cap rate
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
$256,662
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
4.11%
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%
$5,133,240
$5.1M
Cap Rate 7%
$3,666,600
$3.7M
Cap Rate 9%
$2,851,800
$2.9M
Market Conditions
NOI Build-Up for 21,000 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
$378.0K $18.00/SF
− Vacancy
−$11.3K −$0.54/SF
EGI
$366.7K $17.46/SF
− OpEx
−$110.0K −$5.24/SF
NOI
$256.7K $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%
$5,133,240
Cap Rate 7%
$3,666,600
Cap Rate 9%
$2,851,800
Alternative Uses
Best Use
Retail
$3.67M
$3.21M – $4.28M
NOI $256,662 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.47M
$4.78M – $6.38M
NOI $382,788 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
191k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Groceries 27%
Shops & Services 20%
Apparel 6%
Kroger
Groceries
51,263 visits/mo
0.2 miles
Texas Roadhouse
Dining
35,317 visits/mo
0.1 miles
Circle K
Shops & Services
17,233 visits/mo
0.0 miles
Popeyes Louisiana Kitchen
Dining
13,476 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
13,367 visits/mo
0.2 miles
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 Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Kroger Floral — 7044 University Dr NW, Huntsville, AL 35806
Frequently Asked Questions
What type of property is this?
Storefront property - Recently updated commercial property positioned within the Huntsville MSA.
Where is this storefront property located?
The property is located at 7105 Hwy 72 W Huntsville, AL.
What is the asking price?
The asking price for this property is $6,248,000.
What are key features of this property?
This property features: 21,000 square feet of commercial space; Recent renovation; 6.00% cap rate
