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Huntsville Flex Industrial Space Available
For Lease
$12.50 SF/Yr

5150 North Memorial Parkway, Huntsville, AL 35810

Flex industrial space with frontage on Memorial Parkway, ready for occupancy.

Space Size30,000 SF
Days on Market263

Property Features for 5150 North Memorial Parkway

General Information

Standard status Active
Size 30,000 SF
Property subtype Mixed Use Development
Lease Term NNN

Spaces For Lease

at 5150 North Memorial Parkway
BUILDING 1 $12.50/SF/Yr
Size 30,000 SF
Type Flex Space
Term Negotiable
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Listed By: George Twitty, Jr.
Source: Grahamcompany
Added: Jan 27 Changed: Oct 16 Last Checked: Oct 16 at 6:57AM

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 George Twitty, Jr.

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Investment Insights

Based on property information with market context.

This flex industrial development features Building 1, offering 30,000 square feet divisible to 7,500 square feet. The property is located at the southeast intersection of Hollow Road and Memorial Parkway, providing high visibility with frontage on Memorial Parkway. It is zoned C4. Building 1 is ready for occupancy and features a 21-foot clear ceiling height, ESFR fire suppression, dock-high and ground-level loading, and 400 amp electrical service. Custom tenant improvement packages are available.

Key Highlights

  • Frontage on Memorial Parkway: Highly visible location.
  • Building 1: 30,000 SF ready for occupancy.
  • Divisible to 7,500 SF: Offers flexible space options.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Hair Salon Nail Salon

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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
Balanced
Demand for This Use

Demographics for 35810, AL

29,976
Population
13,283
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,067
Density / Sq Mi
$46,963
Median Household Income
$31,080
Median Earnings
$1,097
Median Rent
$126,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Huntsville, AL

$12.75 /SF/Yr
Avg Asking Price
$1.2–$27.45 /SF/Yr
Price Range
21,603 SF
Avg Space Size

This space is priced 2% below the average of $12.75 /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

Similar Off Market Nearby

  • Aramark — 4900 Meridian St N, Huntsville, AL 35810

Frequently Asked Questions

What type of property is this?
Flex space - Flex industrial space with frontage on Memorial Parkway, ready for occupancy.
Where is this flex space located?
The property is located at 5150 North Memorial Parkway Huntsville, AL.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Frontage on Memorial Parkway: Highly visible location.; Building 1: 30,000 SF ready for occupancy.; Divisible to 7,500 SF: Offers flexible space options.
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