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Ground-Floor Retail Condos
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4820 University Drive, Huntsville, AL 35816

Two open-plan units provide retail space with current commercial occupancy and lease terms expiring this year.

Property SizeContact for details
Days on Market145

Property Features for 4820 University Drive

General Information

Standard status Active
Property subtype Retail

Additional Details

Floor Ground

Building Details

Tenancy Multi
Listing Agency: Dean Commercial Real Estate
Listed By: Terri Dean, CCIM · License #AL 68080
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:44AM

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 Dean Commercial Real Estate

Investment Insights

Based on property information with market context.

This ground-floor retail condominium offering includes two open-plan units identified as Suite 5 and Suite 6. Suite 5 currently operates as a hair salon, while Suite 6 is occupied by a nutrition store. Existing leases expire this year, allowing the next owner to consider continued leasing or occupancy for its own business, as supported by the current configuration.

The property fronts University Drive, also designated Highway 72, near Wynn Drive and the MidCity Huntsville development. Apartments, shopping, and restaurants are located nearby, providing a surrounding mix of residential and commercial activity.

Key Highlights

  • Two ground‑floor retail condominium units with open floor plans
  • Suite 5 is currently a hair salon
  • Suite 6 is currently a nutrition store

Property Analytics

Current Use

Synergy Wellness at MidCity ... Medical Clinic Salon Elite & Spa Hair Salon Latino Gang Barber ... Barber Shop Herbalife - MidCity Nutrition Specialty Food Shop Bleu Label Hair Hair Salon

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Dental Office Gym & Fitness Center Skin Care Clinic

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,093
Businesses Nearby
313k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 33% Dining 28% Shops & Services 22% Groceries 6%
Sam's Club Superstores
102,437 visits/mo 0.2 miles
Sam's Club Gas Station Shops & Services
28,182 visits/mo 0.2 miles
Aldi Groceries
15,655 visits/mo 0.3 miles
Taco Bell Dining
14,553 visits/mo 0.4 miles
7 Brew Coffee Dining
14,341 visits/mo 0.4 miles

Demographics for 35816, AL

15,035
Population
7,972
Households
1.9
Avg Household Size
28
Median Age
27%
College-Educated
88%
High-School Grad
5.1 sq mi
ZIP Area
2,948
Density / Sq Mi
$38,947
Median Household Income
$28,060
Median Earnings
$875
Median Rent
$114,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two open-plan units provide retail space with current commercial occupancy and lease terms expiring this year.
Where is this retail space located?
The property is located at 4820 University Drive Huntsville, AL.
What are key features of this property?
This property features: Two ground‑floor retail condominium units with open floor plans; Suite 5 is currently a hair salon; Suite 6 is currently a nutrition store
(256) 975-4716 Call to check price and availability
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