Huntsville Metro Industrial Offering — Sale in Guntersville, AL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Guntersville, AL 35976
- Year built: 2003
Photos
Investment Figures
- Cap rate
- 8.52%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to offer the opportunity to acquire 114 Bright Road, a recently renovated, two-building flex/industrial property totaling 37,600 square feet in Guntersville, Alabama. The property is 100% leased to JST Corporation, a Japan-based global manufacturer of electronic connectors and cable assemblies with operations across 17 countries. JST's commitment to Guntersville was further demonstrated by its recently announced $500 million expansion at Conners Island Business Park. The planned project encompasses approximately 540,000 square feet and is expected to create approximately 80 jobs, significantly increasing JST's long-term presence in the North Alabama market. The property has benefited from an extensive $950,000 capital improvement program, significantly enhancing the functionality, efficiency, and long-term competitiveness of both buildings. Notably, JST contributed approximately $790,000 toward these improvements, reflecting a substantial financial commitment to the facility and its continued occupancy. Additionally, both buildings are fully heated and cooled, a rare feature for industrial facilities of this size and a distinct competitive advantage within the local market Guntersville benefits from its strategic location approximately 30–45 minutes southeast of Huntsville, providing access to the Huntsville metropolitan area while maintaining a lower-cost industrial environment. The broader North Alabama region continues to attract advanced manufacturing, automotive, aerospace and technology-related investment. The offering provides an investor with $348,000 of current annual rental income and an estimated $315,143 NOI, representing an attractive 8.52% going-in capitalization rate at the asking price of $3,700,000. Investment Highlights: • 37,600 SF of recently renovated flex/industrial space with 100% occupancy • Approximately $950,000 of recent capital improvements, with roughly half tenant funded • Both buildings fully heated and c
Market Context
This office in Guntersville, AL is listed for sale. It is offered at an approximate 8.5% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2003. Compare it against other office listings for sale in Guntersville, AL — view the full market.
Contact
- Brian Higdon · (205) 510-9127 · brian.higdon@marcusmillichap.com
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