Adtran East Tower | 901 Explorer Blvd NW
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Adtran East Tower 901 Explorer Blvd NW
668,741 SF 100% Leased Office Building Huntsville, AL 35806 For Sale
Investment Highlights
- Medical Unit for Nurse Practitioner, Café, Fitness Center
- 8 Elevator Banks
- 16,023 SF Cafe
- Badging Sytem, Contracted Security Service (24/7), and Off-duty HPD
- 40 Restrooms
- 931 Parking space on the northside, 841 parking spaces on the south side
Executive Summary
20 year absolute net sale-leaseback opportunity with ADTRAN, Inc.
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Building Size
668,741 SF
Building Class
A
Year Built
2000
NOI
$7,356,151
Percent Leased
100%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
83,593 SF
Building FAR
0.35
Lot Size
43.50 AC
Opportunity Zone
Yes
Zoning
CRP West Article 51 - Park's major industries are aerospace, defense, engineering, biotechnology, advanced manufacturing, software development, technology and cybersecurity
Parking
1,772 Spaces (2.65 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Courtyard
- Fitness Center
- Pond
- Signage
- Waterfront
- Wheelchair Accessible
- Reception
- Central Heating
- Natural Light
- Recessed Lighting
- Wi-Fi
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Adtran
- -
- 668,741 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Adtran | - | 668,741 SF | - | - |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $7,788,100 | |
Land Assessment | $643,760 | Total Assessment | $8,431,860 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$643,760
Improvements Assessment
$7,788,100
Total Assessment
$8,431,860
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Adtran East Tower | 901 Explorer Blvd NW
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