11/12/2019 Page 1 - Cummings Research Park...2019/11/12  · Chapman Commercial Realty - William...

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Transcript of 11/12/2019 Page 1 - Cummings Research Park...2019/11/12  · Chapman Commercial Realty - William...

Page 1: 11/12/2019 Page 1 - Cummings Research Park...2019/11/12  · Chapman Commercial Realty - William Chapman (256) 715-8064 LEASING COMPANY Company: Chapman Commercial Realty Contacts:

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11/12/2019Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

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4811 Bradford DrHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 1

BUILDINGType: Class C Office

Tenancy: Multiple

Year Built: 1979; Renov 2018

RBA: 15,300 SF

Floors: 1

Typical Floor: 15,300 SF

AVAILABILITYMin Divisble: 15,300 SFMax Contig: 15,300 SFTotal Available: 15,300 SFAsking Rent: Withheld

EXPENSES PER SFTaxes: $1.14 (2017)

SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st 15,300 SFIndustrial Direct 15,300/3,000 ofc 15,300 15,300 Withheld Vacant NegotiableNAI Chase Commercial Realty, Inc. - Erik Amason, Janine Miller (256) 539-1686

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

Contacts: Erik Amason, Janine Miller (256) 539-1686

TRANSPORTATIONParking: 40 Surface Spaces are available; Ratio of 2.61/1,000 SF

Airport: 18 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (14)

Transit Score ®: Minimal Transit (19)

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4815 Bradford DrHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 2

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1982

RBA: 40,000 SF

Floors: 2

Typical Floor: 20,000 SF

AVAILABILITYMin Divisble: 1,000 SFMax Contig: 20,000 SFTotal Available: 20,000 SFAsking Rent: Withheld

EXPENSES PER SFTaxes: $0.77 (2017)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Direct 1,000 - 20,000 20,000 20,000 Withheld Negotiable 3 YrsNAI Chase Commercial Realty, Inc. - Erik Amason

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

Contacts: Erik Amason

TRANSPORTATIONParking: 129 Surface Spaces are available; Ratio of 3.00/1,000 SF

Airport: 18 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (14)

Transit Score ®: Minimal Transit (19)

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5025 Bradford Dr - Building 1Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 3

BUILDINGType: Class C Office

Year Built: 2007

RBA: 71,936 SF

Floors: 2

Typical Floor: 15,721 SF

AVAILABILITYMin Divisble: 10,000 SFMax Contig: 19,162 SFTotal Available: 19,162 SFAsking Rent: $16.25/FS

EXPENSES PER SFTaxes: $0.43 (2017)

SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

E 1st 200 Office Sublet 10,000 - 19,162 19,162 19,162 $16.25/FS Vacant Thru Dec 2021NAI Chase Commercial Realty, Inc. - Charles E. Grelier, Jr. (256) 319-3504, Erik Amason

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

TRANSPORTATIONParking: 264 Surface Spaces are available; Ratio of 4.00/1,000 SF

Airport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (8)

Transit Score ®: Minimal Transit (19)

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5030 Bradford Dr - Intuitive Center 1Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 4

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1999

RBA: 67,618 SF

Floors: 2

Typical Floor: 33,809 SF

AVAILABILITYMin Divisble: 2,588 SFMax Contig: 2,588 SFTotal Available: 2,588 SFAsking Rent: $19.75/FS

EXPENSES PER SFTaxes: $1.92 (2009)

SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 2nd 230 Office Direct 2,588 2,588 2,588 $19.75/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

LEASING COMPANYCompany: Colliers International

Contacts: Kyle Collins (256) 533-0035

SALELast Sale: Portfolio of 15 Properties in Huntsville, AL Sold on Jan 3, 2013 for $20,600,000 ($145.64/SF)

AMENITIES

Fitness Center

TRANSPORTATIONParking: 280 free Surface Spaces are available; Ratio of 2.09/1,000 SF

Airport: 18 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (8)

Transit Score ®: Minimal Transit (19)

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5030 Bradford Dr - Intuitive Center Building 2Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 5

BUILDINGType: Class A Office

Tenancy: Multiple

Year Built: 1999

RBA: 67,618 SF

Floors: 2

Typical Floor: 33,809 SF

AVAILABILITYMin Divisble: 4,271 SFMax Contig: 4,271 SFTotal Available: 4,271 SFAsking Rent: $19.75/FS

EXPENSES PER SFTaxes: $183.79 (2011)

SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st 117 Office Direct 4,271 4,271 4,271 $19.75/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

LEASING COMPANYCompany: Colliers International

Contacts: Kyle Collins (256) 533-0035

TRANSPORTATIONParking: 264 free Surface Spaces are available; Ratio of 4.20/1,000 SF

Airport: 17 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (8)

Transit Score ®: Minimal Transit (19)

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4900-4970 Corporate Dr - Corporate Park Office & Technical CenterHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 6

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1985

RBA: 184,811 SF

Floors: 1

Typical Floor: 184,811 SF

AVAILABILITYMin Divisble: 2,169 SFMax Contig: 8,216 SFTotal Available: 33,848 SFAsking Rent: $14.50/MG

EXPENSES PER SFTaxes: $0.34 (2017)

SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st 4960-125FOffice Direct 5,132 - 8,216 8,216 8,216 $14.50/MG 30 Days 3 YrsNAI Chase Commercial Realty, Inc. - Sherry Urban, Charles E. Grelier, Jr. (256) 319-3504

P 1st 4940-A Office Direct 3,239 3,239 3,239 $14.50/MG Vacant 3 YrsNAI Chase Commercial Realty, Inc. - Sherry Urban, Charles E. Grelier, Jr. (256) 319-3504

P 1st 4910-D Office Direct 3,639 3,639 3,639 $14.50/MG 30 Days NegotiableNAI Chase Commercial Realty, Inc. - Sherry Urban, Charles E. Grelier, Jr. (256) 319-3504

P 1st 4960-125EOffice Direct 3,084 - 8,216 8,216 8,216 $14.50/MG 30 Days 3 YrsNAI Chase Commercial Realty, Inc. - Sherry Urban, Charles E. Grelier, Jr. (256) 319-3504

P 1st 4900-H Office Direct 4,640 4,640 4,640 $14.50/MG 30 Days NegotiableNAI Chase Commercial Realty, Inc. - Sherry Urban, Charles E. Grelier, Jr. (256) 319-3504

P 1st 4930-A Office Direct 3,729 3,729 3,729 $14.50/MG Vacant 3 YrsNAI Chase Commercial Realty, Inc. - Sherry Urban, Charles E. Grelier, Jr. (256) 319-3504

P 1st 4910-G Office Direct 2,169 2,169 2,169 $14.50/MG Vacant 3 YrsNAI Chase Commercial Realty, Inc. - Sherry Urban, Charles E. Grelier, Jr. (256) 319-3504

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

Contacts: Charles E. Grelier, Jr. (256) 319-3504, Sherry Urban

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4900-4970 Corporate Dr - Corporate Park Office & Technical CenterHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 6

TRANSPORTATIONParking: Ratio of 4.50/1,000 SF

Airport: 20 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (32)

Transit Score ®: Minimal Transit (18)

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4955 Corporate Dr NWHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 7

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1989

RBA: 50,000 SF

Floors: 3

Typical Floor: 16,666 SF

AVAILABILITYMin Divisble: 7,787 SFMax Contig: 7,787 SFTotal Available: 7,787 SFAsking Rent: Withheld

EXPENSES PER SFTaxes: $0.65 (2017)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Direct 7,787 7,787 7,787 Withheld Vacant NegotiableSamples Properties - Gripp Luther (256) 533-0003

LEASING COMPANYCompany: Samples Properties

Contacts: Gripp Luther (256) 533-0003

AMENITIES

Air Conditioning

TRANSPORTATIONAirport: 18 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (34)

Transit Score ®: Minimal Transit (20)

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4912 Research DrHuntsville, AL 35806 - Cummings Research Park Submarket

Lease Availability Report 8

BUILDINGType: Class B Office

Year Built: 1977

RBA: 40,000 SF

Floors: 1

Typical Floor: 40,000 SF

AVAILABILITYMin Divisble: 40,000 SFMax Contig: 40,000 SFTotal Available: 40,000 SFAsking Rent: $10.00/N

EXPENSES PER SFTaxes: $0.61 (2017)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Direct 40,000 40,000 40,000 $10.00/N Vacant NegotiableSharp Companies - Keith Sharp (256) 534-8188Chapman Commercial Realty - William Chapman (256) 715-8064

LEASING COMPANYCompany: Sharp Companies

Contacts: Keith Sharp (256) 534-8188

TRANSPORTATIONParking: 121 Surface Spaces are available; Ratio of 3.02/1,000 SF

Airport: 19 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (16)

Transit Score ®: Minimal Transit (19)

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4940 Research Dr NWHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 9

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1986

RBA: 24,200 SF

Floors: 1

Typical Floor: 24,200 SF

AVAILABILITYMin Divisble: 12,000 SFMax Contig: 12,000 SFTotal Available: 12,000 SFAsking Rent: $12.00/MG

EXPENSES PER SFTaxes: $0.46 (2012)

Opex: $0.18 (2012)

Total Expenses: $0.64 (2012)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Direct 12,000 12,000 12,000 $12.00/MG Jan 2020 NegotiableChapman Commercial Realty - William Chapman (256) 715-8064

LEASING COMPANYCompany: Chapman Commercial Realty

Contacts: William Chapman (256) 715-8064

SALELast Sale: Sold on Dec 31, 2014 for $500,000 ($20.66/SF)

TRANSPORTATIONParking: 60 free Surface Spaces are available; Ratio of 2.70/1,000 SF

Airport: 19 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (12)

Transit Score ®: Minimal Transit (19)

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4906 NW Research DrHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 10

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1981

RBA: 40,000 SF

Floors: 1

Typical Floor: 40,000 SF

AVAILABILITYMin Divisble: 39,000 SFMax Contig: 39,000 SFTotal Available: 39,000 SFAsking Rent: $13.00/MG

EXPENSES PER SFTaxes: $0.86 (2009)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

E 1st Office Direct 39,000 39,000 39,000 $13.00/MG Vacant NegotiableGraham & Company - Tyler Fanning (256) 382-9010, Bart K. Smith, CCIM, SIOR (256) 382-9010 X104

LEASING COMPANYCompany: Graham & Company

Contacts: Tyler Fanning (256) 382-9010, Bart K. Smith, CCIM, SIOR (256) 382-9010 X104

AMENITIES

Air Conditioning

TRANSPORTATIONAirport: 19 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (16)

Transit Score ®: Minimal Transit (19)

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140 Sparkman Dr NW - Building 140Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 11

BUILDINGType: Class B Industrial

Subtype: Warehouse

Tenancy: Single

Year Built: 1964

RBA: 130,073 SF

Floors: 2

Typical Floor: 124,500 SF

Ceiling Ht: 24'

AVAILABILITYMin Divisble: 32,536 SFMax Contig: 65,036 SFTotal Available: 97,572 SFAsking Rent: $8.50/MG

EXPENSES PER SFTaxes: $0.70 (2016)

SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Building 140Industrial Sublet 65,036/32,500 ofc 65,036 65,036 $8.50/MG 30 Days Thru Sep 2020NAI Chase Commercial Realty, Inc. - Douglas McCullough (256) 319-3516

P 2nd Building 140Industrial Sublet 32,536/32,536 ofc 32,536 32,536 $8.50/MG 30 Days Thru Sep 2020NAI Chase Commercial Realty, Inc. - Douglas McCullough (256) 319-3516

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

Contacts: Charles E. Grelier, Jr. (256) 319-3504

SALELast Sale: Portfolio of 4 Industrial Properties in Huntsville, AL Sold on Nov 2, 2018 for $212,359 ($0.95/SF)

LOADINGDocks: 5 ext Drive Ins: 10 tot.

Rail Spots: None

POWER & UTILITIESPower: 277a/480v 3p

LANDLand Area: 21.90 AC

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140 Sparkman Dr NW - Building 140Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 11

PARCEL

17-03-05-4-000-002.000

TRANSPORTATIONAirport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

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140 Sparkman Dr NW - Building 130Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 12

BUILDINGType: Class C Industrial

Subtype: Warehouse

RBA: 80,744 SF

Ceiling Ht: 24'

AVAILABILITYMin Divisble: 80,744 SFMax Contig: 80,744 SFTotal Available: 80,744 SFAsking Rent: $6.50 - 16.50/NNN

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

E 1st Industrial Sublet 80,744 80,744 80,744 $6.50 - 16.50/NNN Negotiable NegotiableNAI Chase Commercial Realty, Inc. - Douglas McCullough (256) 319-3516

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

Contacts: Douglas McCullough (256) 319-3516

SALELast Sale: Portfolio of 4 Industrial Properties in Huntsville, AL Sold on Nov 2, 2018 for $212,359 ($0.95/SF)

LOADINGDocks: 3 ext

POWER & UTILITIESPower: 277a/480v 3p

PARCEL

17-03-05-4-000-002.000

TRANSPORTATIONAirport: 17 minute drive to Huntsville International-Carl T. Jones Field Airport

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140 Sparkman Dr NW - Building 120Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 13

BUILDINGType: Class B Industrial

Subtype: Warehouse

RBA: 9,000 SF

Floors: 1

Typical Floor: 9,000 SF

AVAILABILITYMin Divisble: 9,000 SFMax Contig: 9,000 SFTotal Available: 9,000 SFAsking Rent: $6.50 - 16.50/NNN

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

E 1st Industrial Sublet 9,000 9,000 9,000 $6.50 - 16.50/NNN Negotiable NegotiableNAI Chase Commercial Realty, Inc. - Douglas McCullough (256) 319-3516

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

Contacts: Douglas McCullough (256) 319-3516

SALELast Sale: Portfolio of 4 Industrial Properties in Huntsville, AL Sold on Nov 2, 2018 for $212,359 ($0.95/SF)

LOADINGDocks: 3 ext

POWER & UTILITIESPower: 277a/480v 3p

PARCEL

17-03-05-4-000-002.000

TRANSPORTATIONAirport: 17 minute drive to Huntsville International-Carl T. Jones Field Airport

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140 Sparkman Dr NW - A-51Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 14

BUILDINGType: Class B Industrial

Subtype: Warehouse

Year Built: 1964

RBA: 4,500 SF

Floors: 1

Typical Floor: 4,500 SF

Ceiling Ht: 14'

AVAILABILITYMin Divisble: 4,500 SFMax Contig: 4,500 SFTotal Available: 4,500 SFAsking Rent: $8.50/TE

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

E 1st Industrial Sublet 4,500 4,500 4,500 $8.50/TE Negotiable NegotiableNAI Chase Commercial Realty, Inc. - Douglas McCullough (256) 319-3516

LEASING COMPANYCompany: NAI Chase Commercial Realty, Inc.

Contacts: Douglas McCullough (256) 319-3516

SALELast Sale: Portfolio of 4 Industrial Properties in Huntsville, AL Sold on Nov 2, 2018 for $212,359 ($0.95/SF)

LOADINGDrive Ins: 3 tot.

POWER & UTILITIESPower: 277a/480v 3p

FEATURES

Air Conditioning

LANDLand Area: 18.00 AC

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140 Sparkman Dr NW - A-51Huntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 14

PARCEL

17-03-05-4-000-002.000

TRANSPORTATIONAirport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

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5021 Technology Dr NWHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 15

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1964

RBA: 47,925 SF

Floors: 2

Typical Floor: 31,283 SF

AVAILABILITYMin Divisble: 11,435 SFMax Contig: 14,226 SFTotal Available: 25,661 SFAsking Rent: Withheld

EXPENSES PER SFTaxes: $0.83 (2009)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

E BSMT Office Direct 14,226 14,226 14,226 Withheld Vacant 3 - 5 YrsSamples Properties - Scott Swing (256) 533-0003

P 1st Office Direct 11,435 11,435 11,435 Withheld Vacant NegotiableSamples Properties - Scott Swing (256) 533-0003

LEASING COMPANYCompany: Samples Properties

Contacts: Scott Swing (256) 533-0003

SALELast Sale: Sold on Jul 7, 2014 for $1,500,000 ($31.30/SF) at 21.01% Cap

AMENITIES

Air Conditioning

TRANSPORTATIONParking: 265 free Surface Spaces are available; Ratio of 3.97/1,000 SF

Airport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (13)

Transit Score ®: Minimal Transit (15)

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110 Wynn Dr - 110 WynnHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 16

BUILDINGType: Class B Flex

Tenancy: Multiple

Year Built: 1967; Renov 2003

RBA: 215,485 SF

Floors: 1

Typical Floor: 215,485 SF

AVAILABILITYMin Divisble: 35,000 SFMax Contig: 194,485 SFTotal Available: 194,485 SFAsking Rent: $10.00/MG

EXPENSES PER SFTaxes: $0.51 (2017)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Flex Direct 35,000 - 194,485 194,485 194,485 $10.00/MG Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

LEASING COMPANYCompany: Colliers International

Contacts: Kyle Collins (256) 533-0035

LOADINGDocks: 3 ext Drive Ins: 12 tot.

Rail Spots: None

POWER & UTILITIESPower: 4,000a 3p Heavy

LANDLand Area: 15.55 AC

Zoning: Research Park District

PARCEL

17-03-05-2-001-006.000

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110 Wynn Dr - 110 WynnHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 16

TRANSPORTATIONParking: Ratio of 3.01/1,000 SF

Airport: 17 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (7)

Transit Score ®: Minimal Transit (15)

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215 Wynn DrHuntsville, AL 35805 - Cummings Research Park Submarket

Lease Availability Report 17

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1991

RBA: 135,295 SF

Floors: 5

Typical Floor: 27,059 SF

AVAILABILITYMin Divisble: 16,090 SFMax Contig: 16,090 SFTotal Available: 16,090 SFAsking Rent: $16.50/FS

EXPENSES PER SFTaxes: $0.76 (2017)

SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Direct 16,090 16,090 16,090 $16.50/FS Vacant NegotiableChapman Commercial Realty - William Chapman (256) 715-8064

LEASING COMPANYCompany: Chapman Commercial Realty

Contacts: William Chapman (256) 715-8064

TRANSPORTATIONParking: 818 free Surface Spaces are available; Ratio of 6.04/1,000 SF

Airport: 17 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (9)

Transit Score ®: Minimal Transit (15)

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.