Description
Prime neighborhood retail asset totaling 19,683 SF along Oakwood Ave. The established center offers strong visibility, steady daily traffic, & reliable customer flow driven by dense surrounding rooftops, schools, churches, & service businesses. Current NOI is approximately $151,869, reflecting an 8.4% cap rate. Many existing rents are significantly below market, allowing a new owner immediate value-add potential. Minutes from Memorial Parkway, University Dr, & downtown, the property is well positioned for long-term demand.
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0BEDS
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2.2ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime neighborhood retail asset totaling 19,683 SF along Oakwood Ave. The established center offers strong visibility, steady daily traffic, & reliable customer flow driven by dense surrounding rooftops, schools, churches, & service businesses. Current NOI is approximately $151,869, reflecting an 8.4% cap rate. Many existing rents are significantly below market, allowing a new owner immediate value-add potential. Minutes from Memorial Parkway, University Dr, & downtown, the property is well positioned for long-term demand.
© 2026 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX UNLIMITED - HUNTSVILLE and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-07-22T00:27:37.597.