Documents
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Key facts
Year Built | 1990 |
Building Area Gross |
|
Occupancy | 81.0 % |
Property description
JLL is pleased to announce the opportunity to acquire Whitesburg Center, a 49,821 Square Foot shopping center located in Huntsville, AL. The center is in close proximity to both downtown Huntsville and Cummings Research Park, the 2nd largest research park in the United States and fourth largest in the world. Huntsville has also been named the 11th best place to live in the U.S. and is the largest city in Alabama.
The center features value add potential via lease up (currently 81% occupied) and mark-to-market opportunities which provides potential to add close to $300,000 in annual revenue. It is also home to an array of national tenants including Dollar Tree, Hollywood Feed, Edible Arrangements, Baskin Robins, and Buff City Soap.
Please reach out to the deal team to learn more about this opportunity.
Investment highlights
- Huntsville MSA - "The Rocket City"
- Significant Value Add Potential
- Surrounded by Economic Drivers
- Excellent Property Fundamentals