Retail Space in Ashley Furniture
For Lease
$5,208/Mo
3020 S Memorial Parkway, Huntsville, AL 35801
COMMERCIAL - Huntsville, AL
Property Size54,929 SF
Days on Market47
Property Features for 3020 S Memorial Parkway
General Information
Property type
Commercial Lease
Property subtype
Retail
Directions
Inside The Ashley Furniture Building On South Parkway In Huntsville. See Remarks.
Standard status
Active
Size
54,929 SF
Listing Agency:
Russ Russell Real Estate
(256) 536-7777
Listed By:
Russ Russell · License #25965
(256) 527-7777
Added: Jun 18
Last Checked: Aug 2 at 11:06PM
MLS# 21921238
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Investment Insights
Based on property information with market context.
This offering is a retail space that will occupy approximately 2,500 SF as part of a larger Ashley Furniture building. The overall building footprint is approximately 54,929 SF, and the tenant space will be leased on an NNN basis. Additional details are available in the property images provided with the listing.
The property is located at 3020 S Memorial Parkway in Huntsville, Alabama, within Madison County. It is described as a portion of the existing Ashley Furniture building, which can be useful for tenants seeking a retail environment tied to an established, single-building use.
For retailers looking to operate within a larger fixed-use retail building, this configuration can provide a straightforward in-line option on a net (NNN) lease structure. Prospective tenants and brokers can review the included images to confirm the condition and layout of the specific space being leased and to align on occupancy plans with the building’s overall configuration.
The property is located at 3020 S Memorial Parkway in Huntsville, Alabama, within Madison County. It is described as a portion of the existing Ashley Furniture building, which can be useful for tenants seeking a retail environment tied to an established, single-building use.
For retailers looking to operate within a larger fixed-use retail building, this configuration can provide a straightforward in-line option on a net (NNN) lease structure. Prospective tenants and brokers can review the included images to confirm the condition and layout of the specific space being leased and to align on occupancy plans with the building’s overall configuration.
Key Highlights
- Suite will occupy approximately 2,500 SF within a 54,929 SF Ashley Furniture building on South Parkway in Huntsville
- Lease rate is $25/SF NNN for the approximately 2,500 SF space
- Part of the Ashley Furniture building on South Parkway in Huntsville (see images)
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,683
Businesses Nearby
625k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 34%
Dining 26%
Superstores 17%
Shops & Services 11%
Walmart
Superstores
109,102 visits/mo
0.5 miles
Belk
Apparel
80,537 visits/mo
0.1 miles
Dillard's
Apparel
69,382 visits/mo
0.3 miles
Academy Sports + Outdoors
Apparel
60,830 visits/mo
0.2 miles
Whole Foods Market
Groceries
40,585 visits/mo
0.2 miles
Demographics for 35801, AL
22,539
Population
11,225
Households
2
Avg Household Size
43
Median Age
55%
College-Educated
90%
High-School Grad
13.8 sq mi
ZIP Area
1,633
Density / Sq Mi
$103,125
Median Household Income
$60,370
Median Earnings
$1,130
Median Rent
$399,700
Median Home Value
Market
Lease Benchmarks for Huntsville, AL
$11.37 /SF/Yr
Avg Asking Price
$0.96–$29.98 /SF/Yr
Price Range
13,830 SF
Avg Space Size
This space is priced 90% below the average of $11.37 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Inline retail space within an Ashley Furniture building, offering an NNN lease structure for compatible uses.
Where is this retail space located?
The property is located at 3020 S Memorial Parkway Huntsville, AL.
What is the lease rate?
The lease rate is $5,208 /Mo.
What are key features of this property?
This property features: Suite will occupy approximately 2,500 SF within a 54,929 SF Ashley Furniture building on South Parkway in Huntsville; Lease rate is $25/SF NNN for the approximately 2,500 SF space; Part of the Ashley Furniture building on South Parkway in Huntsville (see images)
