3016-3020 University Dr - Storefront Retail/Office FOR SALE


Huntsville, AL 35816- University/Research Park
$2,100,000 USD
256-656-2343
3016-3020 University Dr, Huntsville, AL for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 7.3% Cap Rate

3016-3020 University Dr
Huntsville, AL 35816
University/Research Park


HIGHLIGHTS

  • Located near Cummings Research Park, the second-largest research park in the U.S., home to over 100,000 high-tech workers.
  • The property is 100% leased
  • 28,000 SF Plaza in the Huntsville, AL MSA
  • Ability to Push Rents
  • Huntsville MSA Ranks in the Top 25 Fastest Growing MSAs
  • Located near Mid-City development & Orion Amphitheatre

OVERVIEW

±28,034 SF Shopping Plaza in Huntsville, Alabama. Positioned along a primary commercial corridor in the Huntsville MSA, just east of the rapidly expanding MidCity District, this asset benefits from strong visibility and traffic counts. Huntsville continues to rank among the fastest-growing tech markets in the U.S., supported by major employment drivers including Redstone Arsenal (40,000+ employees), NASA’s Marshall Space Flight Center (7,000+ employees), and the recent addition of U.S. Space Force operations. With limited vacancy in surrounding retail centers, this property presents a compelling value-add opportunity for investors as spaces turn over. The current tenant mix includes regional and local operators such as Metro PCS and a well-established consignment furniture store, offering stable income and potential for repositioning. 7.3% Cap Rate is with January 2026 rents.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

LI

APN/PARCEL ID

14-08-34-1-002-007.000

ASK ABOUT THIS PROPERTY

Phillip DrummondCapstone RealtyMore Info
256-656-2343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Phillip DrummondCapstone RealtyMore Info
256-656-2343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.