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New Construction Flex Space
New
For Lease
$9 SF/Yr

28687 Old Highway 20, Madison, AL 35756

Industrial facility with loading options, yard space, and customizable office improvements for warehouse and distribution operations.

Space Size10,110 SF
Days on Market6

Property Features for 28687 Old Highway 20

General Information

Standard status Active
Size 10,110 SF
Property subtype Industrial
Lease Term NNN

Space & Availability

Space Use Warehouse
Available From 2027-01

Warehouse & Industrial

Clear Height 20 ft
Power 400 amps
Voltage 240 V
Three-Phase Power No

Additional Details

Outdoor Storage Yes

Spaces For Lease

at 28687 Old Highway 20 Contact us

28687 Old Highway 20 $9/SF/Yr

Size
10,110 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Jeremy D. Pope, CCIM, SIOR
Source: Grahamcompany
Added: Aug 21 Changed: Aug 24 Last Checked: Aug 26 at 7:39AM

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 Jeremy D. Pope, CCIM, SIOR

Investment Insights

Based on property information with market context.

New construction flex space at 28687 Old Highway 20 in Madison, Alabama, is designed for warehouse and distribution use. The facility contains 10,110 square feet of industrial space, with both dock-high and ground-level loading. A 0.75-acre yard supports outdoor operational needs, while build-to-suit office space can be configured around tenant requirements.

The property includes 240V / 400Amp / single phase power, 20-foot ceiling height, and 6-inch slab flooring. Its combination of warehouse volume, loading access, yard area, and adaptable office space creates a practical configuration for industrial occupants serving north Alabama and the Mid-South region.

Key Highlights

  • 10,110 SF of industrial flex space
  • 0.75‑acre yard area for outdoor operations
  • Dock‑high and ground‑level loading

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Building Supply Plumbing Service Restaurant

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

20 ft
Clear height
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Balanced
Demand for This Use

Demographics for 35756, AL

22,978
Population
8,821
Households
2.6
Avg Household Size
36
Median Age
58%
College-Educated
95%
High-School Grad
80.3 sq mi
ZIP Area
286
Density / Sq Mi
$134,900
Median Household Income
$74,976
Median Earnings
$1,710
Median Rent
$350,600
Median Home Value

Market

Lease Benchmarks for Madison, AL

$8.74 /SF/Yr
Avg Asking Price
$5.95–$13.5 /SF/Yr
Price Range
20,344 SF
Avg Space Size

This space is priced 3% above the average of $8.74 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial facility with loading options, yard space, and customizable office improvements for warehouse and distribution operations.
Where is this flex space located?
The property is located at 28687 Old Highway 20 Madison, AL.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 10,110 SF of industrial flex space; 0.75‑acre yard area for outdoor operations; Dock‑high and ground‑level loading
More about this property
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