Office complex with upside

Huntsville, AL

Huntsville, AL
Huntsville, AL
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,400,000
Last Verified:
Jun 15, 2019


Description

This office complex is in a great Huntsville location and has an upside with filling the remaining vacancies. Some tenants are long term and there is a varied mix of businesses.

In 2019, U.S. News & World Report named Huntsville the #1 Best Affordable Place to Live and #11 Best Place to Live in the country. Forbes has named Huntsville one of the Top 20 Leading Metros for Business and Kiplinger’s Personal Finance has named Huntsville one of the country’s Top 10 Cities for Raising Families. In 2018, WalletHub named Huntsville among the Top 25 Most Educated Cities in America.


Year Built: 1999
Building Size: 15479.0sq ft
Building Class: B
Lot Size: 0.85 acres

Map of Huntsville, AL

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.