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 Market206
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
Listed By:
Randy Blankstein · License #IL 471005983
(847) 562-0003
Source:
Crexi
Added: Mar 25
Changed: Oct 15
Last Checked: Oct 14 at 8:55PM
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
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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 / Yr
$256,662
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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
