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Off Market
1/2

1031-1035 Putman Dr
Huntsville, AL 35816


HIGHLIGHTS

  • Tenants in place with some vacancy
  • Easy Ingress/Egress

OVERVIEW

Price just reduced from $1,770,000 to $1,690,000! West Jordan Plaza is a 41,792+/- SF single-story flex building located in West Huntsville just outside of Cummings Research Park . The property is in the University Drive retail district with close proximity to the University of Alabama campus in Huntsville. Current occupancy is approximately 80%, of which a large percentage are long-term tenants. The property has 13 suites, some offering 14’ clear height with grade-level roll-up doors. Many of the warehouse spaces have conditioned air. Secured parking and a laydown area are on site and offers easy accessibility for tractor trailers. Flex properties like West Jordan Plaza are constantly in high demand in the commercial real estate sector. There is a nice tenant mix that includes multiple service tenants and the AL Department of Transportation. Cummings Research Park is the second largest research park in the US and is the fourth largest in the world, making it the predominate business district driving the Huntsville economy fueling this property. With Huntsville’s positive growth in the tech industry, defense contractors associated with an enormous military base and the presence of the ever growing service industries, West Jordan Plaza offers an owner/user or investor an opportunity to capitalize on these positive dynamics. This property is well positioned to take full advantage of its Opportunity Zone status.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

West Jordan Plaza

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

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STORIES

1

YEAR BUILT

1980

UTILITIES

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CLEAR CEILING HT

14 Ft

DOCKS

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DRIVE INS

12

PARKING SPACES

111

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

14-08-33-2-001-028.000,14-08-33-2-001-038.000