Harbert Retail’s Casey Howard and Lacey Scott represented the Buyer and Seller in the sale transaction of 10055 Memorial Pkwy SW, Huntsville, AL. Tenants at the 3,600 SF 2-Tenant property include Dunkin and AT&T. The transaction closed at $2.589 Million (6.1% cap rate).
The retail center was built in 2015 and is positioned in a highly visible location along Memorial Parkway SW, one of Huntsville’s main thoroughfares. “We were very excited to assist both the seller and the buyer in this transaction,” stated Harbert Retail Vice President, Casey Howard. “This site boasts a strong tenant base as well as an ideal location, situated in one of Huntsville’s most active retail corridors.”