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Retail Space with Cell Tower
For Lease
$19 SF/Yr

4929 University Drive, Huntsville, AL 35816

Neighborhood retail center with long-term tenant and cell tower.

Space Size1,709 SF - 3,000 SF
Property Size19,697 SF
Days on Market143

Property Features for 4929 University Drive

General Information

Standard status Active
Size 1,709 SF - 3,000 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 19,697 SF
Year Built 1987

Spaces For Lease

at 4929 University Drive Contact us

Suite F $14 – $18/SF/Yr

Size
3,000 SF
Type
Strip Center
Term
Negotiable
Contact us

Suite G $25/SF/Yr

Size
1,709 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: NAI Chase Commercial | Huntsville
Listed By: Mark Elrod · License ##000158673-0
Source: Chasecommercial
Added: Apr 8 Changed: Aug 25 Last Checked: Aug 28 at 8:05AM

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 NAI Chase Commercial | Huntsville

Investment Insights

Based on property information with market context.

This property is a neighborhood retail center comprising 19,697 square feet. A major tenant is AT&T, which operates both a retail store and offices within the center. In 2007, AT&T invested significantly in renovating their space. Furthermore, in 2009, they constructed a cell tower on the property, suggesting a sustained commitment to the location. The property owners have maintained the property, including replacing the roof within the last year.

Key Highlights

  • Major tenant AT&T provides stable income.
  • New roof installed within the last year, minimizing near‑term capital expenditures.
  • AT&T's significant renovation and cell tower construction demonstrate long‑term commitment.

Property Analytics

Current Use

Alfa Insurance Insurance Agency American Cabinets Incorporated Hardware & Home Improvement PeopleReady Employment Agency AT&T Store Mobile Phone Store

Suggested Use

Top Pick HVAC Service Law Firm Building Supply Parking Lot & Garage Electrical Service Garden Center

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

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,011
Businesses Nearby
453k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 28% Superstores 23% Shops & Services 14% Electronics 13%
Sam's Club Superstores
102,437 visits/mo 0.1 miles
Best Buy Electronics
54,889 visits/mo 0.4 miles
Trader Joe's Groceries
47,897 visits/mo 0.4 miles
HomeGoods Home Improvements & Furnishings
28,353 visits/mo 0.5 miles
Sam's Club Gas Station Shops & Services
28,182 visits/mo 0.0 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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood retail center with long-term tenant and cell tower.
Where is this shopping center located?
The property is located at 4929 University Drive Huntsville, AL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Major tenant AT&T provides stable income.; New roof installed within the last year, minimizing near‑term capital expenditures.; AT&T's significant renovation and cell tower construction demonstrate long‑term commitment.
More about this property
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