223 Washington St NE, Huntsville, AL 35801
For Lease
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223 Washington Street in Huntsville, Alabama offers exceptional office space in the vibrant Lewter District. This brand-new, five-story mixed-use building, slated for completion in 2025, provides flexible office suites ranging from 2,730 to 27,544 contiguous square feet. The building features a modern design and will be delivered as a "white box," allowing for complete tenant customization. Located in the heart of downtown Huntsville, the property boasts unparalleled walkability to a diverse array of restaurants, shops, and entertainment venues, ensuring a dynamic and convenient work environment. The building's prime location also presents excellent signage opportunities. While the building itself doesn't include on-site parking, ample covered parking is conveniently located within two blocks. The first floor will be dedicated to retail space, complementing the office spaces on floors two through five. The official groundbreaking ceremony for the Lewter District is scheduled for November 20th, 2024. This is a unique opportunity to secure space in a state-of-the-art building in a thriving downtown area. Contact us today to learn more about leasing options and availability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.