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54,000 SF Warehouse Space
For Lease
$6.95 SF/Yr

4000 Memorial Pkwy SW, Huntsville, AL 35802

Warehouse space divisible to 3,000 SF on South Memorial Parkway.

Space Size54,000 SF
Property Size175,000 SF
Days on Market158

Property Features for 4000 Memorial Pkwy SW

General Information

Standard status Active
Size 54,000 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 175,000 SF
Year Built 1963

Spaces For Lease

at 4000 Memorial Pkwy SW Contact us

54,000 SF $6.95/SF/Yr

Size
54,000 SF
Type
Flex Space
Term
Negotiable
Contact us
Listing Agency: NAI Chase Commercial RE Services, Inc. - Birmingham
Listed By: Erik Amason · License #0001211380
Source: Chasecommercial
Added: Apr 1 Changed: Sep 4 Last Checked: Sep 4 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Chase Commercial RE Services, Inc. - Birmingham

Investment Insights

Based on property information with market context.

This 54,000 square foot warehouse space is located on South Memorial Parkway. The space is divisible to 3,000 square feet. It is situated within a HSV HUBZone with Heavy Industrial zoning. The entire building is equipped with a sprinkler system and is fully conditioned. It features 3-phase power. Block 2 of the property includes a fully conditioned warehouse space with four dock-high roll-up doors and three grade-level roll-up doors. The clear height in Block 2 ranges from 18 to 26 feet.

Key Highlights

  • 54,000 SF Warehouse divisible to 3,000 SF
  • Fully conditioned warehouse space
  • Located on South Memorial Parkway

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Auto Repair Shop Building Supply Grocery & Convenience 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
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby
Under-served
Demand for This Use

Demographics for 35802, AL

23,842
Population
12,359
Households
1.9
Avg Household Size
44
Median Age
51%
College-Educated
95%
High-School Grad
16.4 sq mi
ZIP Area
1,454
Density / Sq Mi
$72,195
Median Household Income
$46,938
Median Earnings
$1,051
Median Rent
$319,900
Median Home Value

Market

Lease Benchmarks for Huntsville, AL

$10.98 /SF/Yr
Avg Asking Price
$5.13–$17.5 /SF/Yr
Price Range
56,273 SF
Avg Space Size

This space is priced 37% below the average of $10.98 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space divisible to 3,000 SF on South Memorial Parkway.
Where is this warehouse located?
The property is located at 4000 Memorial Pkwy SW Huntsville, AL.
What is the lease rate?
The lease rate is $6.95 SF/Yr.
What are key features of this property?
This property features: 54,000 SF Warehouse divisible to 3,000 SF; Fully conditioned warehouse space; Located on South Memorial Parkway
More about this property
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