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Retail Space with Office Potential
For Lease
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408 20th Avenue, Tuscaloosa, AL 35401

1,310-square-foot commercial suite near University Boulevard supports retail or office use.

Space Size1,310 SF
Property Size9,538 SF
Days on Market124

Property Features for 408 20th Avenue

General Information

Standard status Active
Size 1,310 SF
Net Rentable 1,310 SF
Class C
Property subtype Retail, Special Purpose
Lease Type Net

Space & Availability

Available Space 1,310 SF
Contiguous Space 1,310 SF
Space Use Retail

Lease Terms

Lease Rate $18 /USD/SF/YR
Monthly Rent $1,965
Rent per SF/Year $18

Additional Details

Utilities to Site Yes

Building Details

Building Size 9,538 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 408 20th Avenue Contact us

Unit 408

Size
1,310 SF
Type
Special Purpose
Rate
Contact for pricing
Lease Type
Net
Availability
Active
Contact us
Listing Agency: KW Commercial Keller Williams Tuscaloosa
Listed By: Joe B. Duckworth, Jr. · License #AL 000067612-0
Source: Crexi
Added: Apr 29 Changed: Aug 30 Last Checked: Aug 30 at 5:59AM

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 KW Commercial Keller Williams Tuscaloosa

Investment Insights

Based on property information with market context.

This 1,310-square-foot retail suite is configured for commercial occupancy and has been used by a flower shop. The property was built in 1980 and offers flexibility for a retail or office operation.

Located just off University Boulevard in Downtown Tuscaloosa, the space places occupants within the downtown commercial setting. A new tenant can take possession within 30 days after lease execution. The tenant is responsible for all utilities other than water.

Key Highlights

  • 1,310 SF of retail space
  • Retail or office use supported by the existing commercial configuration
  • Just off University Boulevard in Downtown Tuscaloosa

Property Analytics

Current Use

Glow Floral Event ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Pharmacy Auto Parts Store Storage Facility Locksmith 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,680
Businesses Nearby

Demographics for 35401, AL

41,852
Population
19,517
Households
2.1
Avg Household Size
26
Median Age
27%
College-Educated
85%
High-School Grad
40.1 sq mi
ZIP Area
1,044
Density / Sq Mi
$30,031
Median Household Income
$13,041
Median Earnings
$911
Median Rent
$141,100
Median Home Value

Market

Lease Benchmarks for Tuscaloosa, AL

$23.55 /SF/Yr
Avg Asking Price
$10–$40 /SF/Yr
Price Range
3,321 SF
Avg Space Size

This space is priced 24% below the average of $23.55 /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?
Retail space - 1,310-square-foot commercial suite near University Boulevard supports retail or office use.
Where is this retail space located?
The property is located at 408 20th Avenue Tuscaloosa, AL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,310 SF of retail space; Retail or office use supported by the existing commercial configuration; Just off University Boulevard in Downtown Tuscaloosa
(205) 759-3400 Call to check price and availability
More about this property
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