Virginia College, Huntsville MSA
2017-2021 Drake Avenue, SW
Huntsville, AL 35805
Located 2 miles south of downtown Huntsville off US 231 next to Parkway City Mall
The 51,171 square foot former Kroger was redeveloped in 2010 on a 5.43 acre parcel
Virginia College is on a 15 year absolute NNN lease with 1% rent bumps annually
The all cash transaction closed escrow on November 23rd, 2010 for $9,875,000
The buyer was a large privately held investment company out of Philadelphia
Cap Rate:
Call
Price:
$9,875,000
Property Type:
NNN
Purchase Type:
For Sale
Contact:
Tyson Glasser, CCIM
(864) 263-5427
