Indian Creek Village | 6945 University Dr NW
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Indian Creek Village 6945 University Dr NW
12,510 SF 100% Leased Retail Building Huntsville, AL 35806 $2,220,000 ($177/SF) 6.75% Cap Rate
Investment Highlights
- Primary Retail Corridor | University Dr NW/Highway 72 (48K VPD)
- Dense, Affluent, & Growing Demographics | 5,000+ people within 1-mile radius with AHHI of $113,000
- Nearby National Anchor Retailers | Kroger, Hobby Lobby, Sprouts, Lowe's Home Improvement
- Durable Income Stream | $14.32 PSF average in-place rent
Executive Summary
CBRE National Retail Partners - Southeast is pleased to offer for sale Indian Creek Village, a 12,510 SF unanchored retail asset in the rapidly growing Huntsville, AL market. The center is strategically located with frontage along University Dr NW/Highway 72 which observes 48,000 vehicles per day and is the primary retail corridor connecting Huntsville to Madison.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,510 SF
Building Class
C
Year Built
2004
Price
$2,220,000
Price Per SF
$177
Cap Rate
6.75%
NOI
$149,822
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Land Acres
0.94 AC
Zoning
C4 - Commercial
Amenities
- Dedicated Turn Lane
- Pylon Sign
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Adam Russ -
Erin Varol -
William Register -
Rachel Smith -
David Lanier -
CBRE
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Indian Creek Village | 6945 University Dr NW
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