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Commercial Office Unit
For Lease
$1,000/Mo

1402 Central Parkway SW, Decatur, AL 35601

Commercial Lease, Decatur, AL

Space SizeContact for details
Days on Market42

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 1.2miles On R.
Standard status Active
Size 800 SF
Listing Agency: Merithouse Realty
Listed By: Clint Murphy · License #1505410
Added: Aug 4 Changed: Sep 3 Last Checked: Sep 14 at 5:06AM
MLS# 21925523

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Investment Insights

Based on property information with market context.

This 800-square-foot office unit is located at 1402 Central Parkway SW in Decatur. The property sits along a commercial corridor that leads toward Downtown and is surrounded by contractor, trade, and service businesses.

The setting places the space within an established business environment, with Central Parkway providing a direct route toward Downtown Decatur. The unit is suited to office users seeking a presence among other service-oriented commercial operators.

Key Highlights

  • 800 square feet of office space
  • Located at 1402 Central Parkway SW, Decatur, AL 35601
  • Commercial corridor leading toward Downtown Decatur

Property Analytics

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Current Use

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

Suggested Use

Top Pick Dental Office Plumbing Service Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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
$2.25 /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 51% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space positioned along a commercial corridor near contractor, trade, and service businesses.
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 $1,000/Mo.
What are key features of this property?
This property features: 800 square feet of office space; Located at 1402 Central Parkway SW, Decatur, AL 35601; Commercial corridor leading toward Downtown Decatur
More about this property
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