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Walmart-Anchored Retail Space
For Lease
$30 SF/Yr

5510 Promenade Point Parkway, Madison, AL 35758

Retail space in a Walmart-anchored center with strong Highway 72 exposure and established co-tenancy.

Space Size2,838 SF - 6,000 SF
Property Size23,200 SF
Days on Market68

Property Features for 5510 Promenade Point Parkway

General Information

Standard status Active
Size 2,838 SF - 6,000 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 23,200 SF

Spaces For Lease

at 5510 Promenade Point Parkway Contact us

Suite 110 $30/SF/Yr

Size
2,838 SF
Term
Negotiable
Contact us

Suite 140 $30/SF/Yr

Size
6,000 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency:
Listed By: Keith Shamblin
Source: Shanwalt
Added: Jun 25 Changed: Aug 29 Last Checked: Aug 30 at 2:15PM

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 Keith Shamblin

Investment Insights

Based on property information with market context.

This retail space is part of a Walmart-anchored center at 5510 Promenade Point Parkway in Madison, Alabama. The property offers prominent exposure along Highway 72, with reported traffic of 32,000 vehicles per day.

The center is just west of Huntsville and minutes from Madison Hospital, a 90-bed facility. Existing co-tenants include Burn Boot Camp, SportClips, and OS1 Orthopedic Clinic, providing a mix of fitness, personal care, and medical services within the project.

Key Highlights

  • Walmart‑anchored retail center
  • Highway 72 exposure with 32,000 VPD
  • Located in Madison, just west of Huntsville

Property Analytics

Current Use

Burn Boot Camp Gym & Fitness Center Joe Kemp, CLF®, ... Insurance Agency Chelsea Grant - COUNTRY ... Insurance Agency Jessica Abney - COUNTRY ... Insurance Agency Empire Paint & Supply ... Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency Big Box & Wholesale Store HVAC Service Auto Parts Store

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
207k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 54% Dining 37% Home Improvements & Furnishings 6% Shops & Services 3%
Walmart Superstores
111,165 visits/mo 0.1 miles
Freddy's Frozen Custard & Steakburgers Dining
18,484 visits/mo 0.5 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
16,815 visits/mo 0.2 miles
Chili's Grill & Bar Dining
12,435 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
12,234 visits/mo 0.1 miles

Demographics for 35758, AL

48,192
Population
20,322
Households
2.4
Avg Household Size
38
Median Age
64%
College-Educated
98%
High-School Grad
27.2 sq mi
ZIP Area
1,772
Density / Sq Mi
$115,780
Median Household Income
$61,321
Median Earnings
$1,375
Median Rent
$336,700
Median Home Value

Market

Lease Benchmarks for Madison, AL

$19.51 /SF/Yr
Avg Asking Price
$1.54–$34.29 /SF/Yr
Price Range
12,909 SF
Avg Space Size

This space is priced 54% above the average of $19.51 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a Walmart-anchored center with strong Highway 72 exposure and established co-tenancy.
Where is this retail space located?
The property is located at 5510 Promenade Point Parkway Madison, AL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Walmart‑anchored retail center; Highway 72 exposure with 32,000 VPD; Located in Madison, just west of Huntsville
More about this property
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