Highly Visible Retail Space
For Lease
Contact for pricing
240 Highway 31Southwest, Hartselle, AL 35640
Easily accessible retail space with national tenants and high visibility.
Property Size56,000 SF
Days on Market1378
Property Features for 240 Highway 31Southwest
General Information
Standard status
Active
Size
56,000 SF
Property subtype
Retail
Listing Agency:
Graham & Company Huntsville
Listed By:
George Twitty, Jr · License #AL 000120499
Source:
Crexi
Added: Oct 22, 2022
Changed: Jul 6
Last Checked: Jul 30 at 6:25AM
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 Graham & Company Huntsville
Investment Insights
Based on property information with market context.
Morgan Plaza offers over 56,000 square feet of easily accessible and highly visible retail space. The center currently includes national tenants such as CVS Pharmacy and Planet Fitness. Located at the intersection of Hartselle’s two most heavily traveled thoroughfares, Highway 31 and Highway 36, the plaza benefits from high traffic. Outparcels include Pizza Hut, Wendy’s, and Hardee’s. A traffic signal provides convenient ingress and egress into Morgan Plaza. Custom tenant improvement packages are available. The location benefits from a median household income of $62,000 and a population of 21,800 within a 5-mile radius.
Key Highlights
- Located at the intersection of two heavily traveled thoroughfares (Hwy 31 & Hwy 36).
- Anchored by national tenants CVS Pharmacy and Planet Fitness.
- Easily accessible with a traffic signal providing convenient ingress/egress.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35640, AL
25,913
Population
11,023
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
89%
High-School Grad
106.9 sq mi
ZIP Area
242
Density / Sq Mi
$69,686
Median Household Income
$43,844
Median Earnings
$767
Median Rent
$196,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Easily accessible retail space with national tenants and high visibility.
Where is this shopping center located?
The property is located at 240 Highway 31Southwest Hartselle, AL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Located at the intersection of two heavily traveled thoroughfares (Hwy 31 & Hwy 36).; Anchored by national tenants CVS Pharmacy and Planet Fitness.; Easily accessible with a traffic signal providing convenient ingress/egress.
