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322 Sutton Road

Hampton Cove Shops Sold For $7.6M In Owens Cross Roads Alabama With Brokers Bryan Belk & John Tennant
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Hampton Cove Shops Sold For $7.6M In Owens Cross Roads Alabama With Brokers Bryan Belk & John Tennant

322 Sutton Road

$7,600,000

$182/SF

Building Size

41,681 SF

Asset Type

Retail

Closing

Mar 13, 2026

AI

The property asset involved in this transaction is Hampton Cove Shops, a retail center located at 322 Sutton Road in Owens Cross Roads, AL. The sale occurred at a price of $7,600,000, encompassing an area of 41,681 square feet, with a price per square foot of $182.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,600,000
  • Square Footage: 41,681 SF
  • Price per Square Foot: $182
  • Address: 322 Sutton Road
  • Market: Owens Cross Roads, AL
  • Brokers: Bryan Belk & John Tennant - Franklin Street

This transaction was brokered by Franklin Street, highlighting the involvement of Bryan Belk and John Tennant in the sale of the retail center, situated 15 miles from Huntsville, Alabama.

Players

Bryan Belk

Franklin Street

Broker

$167.6M

vol

11 deals

Broker

Owens Cross Roads Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.09%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93