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
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