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Shadow-Anchored Shopping Center
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6140 University Dr NW, Huntsville, AL 35816

41,000 SF shopping center with shadow anchor by a 208,600 SF Walmart Supercenter along University Drive.

Property Size41,000 SF
Days on Market122

Property Features for 6140 University Dr NW

General Information

Standard status Active
Size 41,000 SF
Property subtype Retail
Listing Agency: State Street Capital Realty / Casto
Listed By: Stephanie May-Beaumier · License #BRKP.2022006218
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:48PM

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 State Street Capital Realty / Casto

Investment Insights

Based on property information with market context.

Enterprise Plaza is a 41,000 SF shopping center offered for sale at 6140 University Dr NW in Huntsville, Alabama. The center is shadow anchored by a +/- 208,600 SF Walmart Supercenter.

The Walmart Supercenter reported 1.6M visits and 343,600 visitors in the last 12 months. Enterprise Plaza benefits from visibility and access to significant daily traffic on University Drive. Cummings Research Park, identified as the second largest research park in the United States, is located approximately five miles from the center.

Key Highlights

  • Enterprise Plaza is a 41,000 SF shopping center in west Huntsville, Alabama
  • Shadow anchored by a 208,600 SF Walmart Supercenter
  • Walmart reported 1.6M visits and 343,600 visitors in the last 12 months

Property Analytics

Current Use

Woodforest Bank Bank Rent-A-Center Furniture & Home Goods Affordable Dentures & Implants Dental Office Petco Grooming Pet Grooming Service ATM Atm

Suggested Use

Top Pick Parking Lot & Garage Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Building Supply Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby
436k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Superstores 28% Shops & Services 19% Apparel 5%
Walmart Superstores
121,379 visits/mo 0.1 miles
McDonald's Dining
33,872 visits/mo 0.2 miles
Circle K Shops & Services
28,238 visits/mo 0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
22,874 visits/mo 0.3 miles
Wendy's Dining
19,759 visits/mo 0.2 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?
Shopping center - 41,000 SF shopping center with shadow anchor by a 208,600 SF Walmart Supercenter along University Drive.
Where is this shopping center located?
The property is located at 6140 University Dr NW Huntsville, AL.
What are key features of this property?
This property features: Enterprise Plaza is a 41,000 SF shopping center in west Huntsville, Alabama; Shadow anchored by a 208,600 SF Walmart Supercenter; Walmart reported 1.6M visits and 343,600 visitors in the last 12 months
More about this property
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