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6243 University Dr, Huntsville, AL, 35806

Redevelopment Opportunity
$1,742,572

Key Information

Tot. SF
9,672
Year Built
1992
Term Remaining
±3 YRS
Type
Retail

Highlights

  • Premier Frontage Along High-Traffic Corridor – Situated on University Drive NW, a primary retail artery in Huntsville with approximately ±52,200 vehicles per day, offering exceptional visibility and access.
  • Established Retail Node with Diverse Co-Tenancy – Positioned within a high-performing retail corridor anchored by both national big-box and specialty retailers, enhancing foot traffic and cross-shopping potential.
  • Below-Market In-Place Rent – Tenant is currently paying $10.81 per square foot, presenting immediate mark-to-market upside upon lease renewal or repositioning.
  • Strong Demographic and Population Growth – Huntsville has experienced over 7.1% population growth in the past four years, ranking among the fastest-growing cities in Alabama and supporting long-term demand fundamentals.
  • Substantial Building Size – The 9,672 SF structure offers scale and flexibility for adaptive reuse or redevelopment, appealing to both users and value-add investors.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203