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Office Unit Near Downtown
For Lease
$1,200/Mo

1402 Central Parkway SW, Decatur, AL 35601

Commercial Lease, Decatur, AL

Space SizeContact for details
Days on Market43

Property Features for 1402 Central Parkway SW

General Information

Property type Commercial Lease
Property subtype Office
Directions From Downtown Decatur, Head Sw On 6th Ave (Us-31), Turn R Onto 14th, Turn R Onto Central Pkwy,Approximately 1.2 Miles On R.
Standard status Active
Size 1,200 SF
Listing Agency: Merithouse Realty
Listed By: Clint Murphy · License #1505410
Added: Aug 3 Changed: Sep 3 Last Checked: Sep 14 at 5:06AM
MLS# 21925524

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Investment Insights

Based on property information with market context.

This 1,200-square-foot office unit is located at 1402 Central Parkway SW in Decatur, Alabama. The property is positioned along a commercial corridor that leads directly into Downtown, providing an accessible setting for office users and service-oriented businesses.

The surrounding area includes contractors, trades, and other service businesses, creating a commercial environment centered on business operations and professional services. The location also places business signage along an active commuter route.

Key Highlights

  • 1,200 square feet of office space
  • Located at 1402 Central Parkway SW, Decatur, AL 35601
  • Commercial corridor leading directly into Downtown Decatur

Property Analytics

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Open Analytics

Current Use

Xclusive Cutz Barber Shop Peoples Choice Barbershop Barber Shop Beckman Appraisal Firm Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Locksmith Veterinary Clinic Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby

Demographics for 35601, AL

34,958
Population
15,168
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
26.5 sq mi
ZIP Area
1,319
Density / Sq Mi
$50,216
Median Household Income
$33,438
Median Earnings
$860
Median Rent
$148,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Decatur, AL

$9.94 /SF/Yr
Avg Asking Price
$2.42–$18 /SF/Yr
Price Range
8,122 SF
Avg Space Size

This space is priced 21% above the average of $9.94 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space positioned along a commercial corridor connecting directly with Downtown Decatur.
Where is this office units located?
The property is located at 1402 Central Parkway SW Decatur, AL.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 1,200 square feet of office space; Located at 1402 Central Parkway SW, Decatur, AL 35601; Commercial corridor leading directly into Downtown Decatur
More about this property
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