Last Mile Investments has purchased Whitesburg Center, a 49,821-square-foot retail center with significant value-add potential located in Huntsville, Ala.
Baker Storey McDonald Properties sold the assets for an undisclosed sales price.
Built in 1990 and renovated in 2002, the center offers both national and regional tenants, including Dollar Tree, Hollywood Feed, Edible Arrangements, Baskin Robbins, Buff City Soap and Papa Murphy’s. The property presented a value-add opportunity for the new owner via the lease up of three vacant spaces and several mark-to-market opportunities.
Located at 5000 Whitesburg Drive, the center is surrounded by Huntsville’s top economic drivers, including Crestview Medical Center, Huntsville High School and a dominant retail corridor. The center also has convenient access to US-231, which offers connection to downtown Huntsville and the Cummings Research Park.
“Whitesburg Center is a quintessential neighborhood center loc
