Colliers is pleased to present Olympia Crossing, a best-in-class, +/- 16,020-square-foot new-construction, unanchored strip center strategically positioned in the rapidly expanding Huntsville, Alabama market. Situated along Highway 231/431 — a high-visibility corridor carrying in excess of 34,000 vehicles per day — the property is located within the Meridianville submarket, which has experienced extraordinary population growth of 122% from 2000 to 2025.
Olympia Crossing benefits from a diversified, necessity-driven tenant roster comprised entirely of medical, restaurant, and service-oriented tenants, providing strong insulation against economic volatility. The property sits within immediate proximity to North Village Town Center, a $240 million mixed-use development headlined by Target and Home Depot, encompassing more than 500,000 square feet of retail. In addition, Huntsville Hospital has announced plans to develop a $50 million emergency room and imaging center on land adjacent to North Village Town Center — further anchoring the corridor as a regional destination.
Additional upside is available through the lease-up of one remaining 1,400 SF vacancy, presenting an investor the opportunity to drive incremental NOI upon acquisition. The surrounding trade area reflects an affluent consumer base, with an average household income of $120,394 within a 3-mile radius. Olympia Crossing represents a compelling opportunity to acquire a recently constructed, strip center in one of the most sought-after growth markets in the Southeast — the Huntsville MSA, recognized as the 15th-fastest-growing metropolitan area in the nation.
Recently Constructed, Unanchored Strip Center in a Booming Huntsville Growth Corridor:
Necessity-Based Tenant Roster — Healthcare, Personal Service & Restaurant:
Explosive Growth in Meridianville — A Submarket on the Move:
Huntsville — One of the Fastest-Growing MSAs in the United States: