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702 Arcadia Cir NW 3,110 SF 100% Leased Office Building Huntsville, AL 35801 $399,900 ($128.59/SF) 5.60% Cap Rate



INVESTMENT HIGHLIGHTS
- Convenient Location to Memorial Parkway and Downtown
- Value Add
- Multi-Tenant
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$36,992
|
$11.89
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$36,992
|
$11.89
|
| Taxes |
$3,315
|
$1.07
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,315
|
$1.07
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $36,992 |
| Annual Per SF | $11.89 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $36,992 |
| Annual Per SF | $11.89 |
| Taxes | |
|---|---|
| Annual | $3,315 |
| Annual Per SF | $1.07 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,315 |
| Annual Per SF | $1.07 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bahm Construction
- Professional, Scientific, and Technical Services
- -
- -
- -
For over 5 years, our business has helped a wide range of clients in northern Alabama reduce the energy costs associated with artificial lighting by bringing free, abundant daylight into their home or business. With a reputation for affordability, quality, custom installation and dedicated service, Skylight Options is a VELUX Skylight Specialist. From residential to commercial applications, Skylight Options proudly carries a full line of energy-efficient, architectural grade VELUX daylighting solutions - including skylights, SUN TUNNEL skylights and accessories. The best skylights on the market at a fair price.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Bahm Construction | Professional, Scientific, and Technical Services | - | - | - | ||
|
Manufacturing | - | - | - |
PROPERTY TAXES
| Parcel Number | 14-07-26-4-004-025.000 | Total Assessment | $57,160 |
| Land Assessment | $7,280 | Annual Taxes | $3,315 ($1.07/SF) |
| Improvements Assessment | $49,880 | Tax Year | 2024 |
PROPERTY TAXES
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702 Arcadia Cir NW
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