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Retail Development Near Downtown Gadsden
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410 W Meighan Blvd, Gadsden, AL 35901

9,500 SF retail development with one 1,500 SF suite available.

Space Size1,500 SF
Days on Market1326

Property Features for 410 W Meighan Blvd

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 410 W Meighan Blvd Contact us

Retail Space for Lease $32/SF/Yr

Floor
1
Size
1,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Construction - 1,500 SF Suites - Endcap suite with drive-thru - 0.5 mile from...
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Listing Agency: NAI Chase Commercial | Huntsville
Listed By: Vanessa Morris · License #793240
Source: Moodyscre
Added: Feb 7, 2023 Changed: Sep 19 Last Checked: Sep 24 at 1:06PM

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 9,500 SF retail development is now complete. Los Arcos Mexican Restaurant occupies 5,000 SF of the building, leaving one additional 1,500 SF suite available. The space offers vanilla box criteria, including HVAC, utilities, electrical, concrete slab, handicap bathroom, drop ceiling, and sprinkler system. The development is located 0.5 miles from Hwy 411 and Meighan Blvd, near the downtown Gadsden Business District and the retail area of the riverfront.

Key Highlights

  • New 9,500 SF retail development completed in 2020.
  • 1,500 SF suite available with vanilla box criteria.**
  • Anchored by Los Arcos Mexican Restaurant (5,000 SF).

Property Analytics

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Open Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Building Supply Storage Facility Gym & Fitness Center HVAC Service Cafe & Coffee Shop Big Box & Wholesale 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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 35901, AL

18,671
Population
9,075
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
59.2 sq mi
ZIP Area
315
Density / Sq Mi
$47,826
Median Household Income
$30,212
Median Earnings
$747
Median Rent
$174,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Gadsden, AL

$12.75 /SF/Yr
Avg Asking Price
$12–$15 /SF/Yr
Price Range
5,738 SF
Avg Space Size

This space is priced 151% above the average of $12.75 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 9,500 SF retail development with one 1,500 SF suite available.
Where is this retail space located?
The property is located at 410 W Meighan Blvd Gadsden, AL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: New 9,500 SF retail development completed in 2020.; 1,500 SF suite available with vanilla box criteria.**; Anchored by Los Arcos Mexican Restaurant (5,000 SF).
(205) 201-7303 Call to check price and availability
More about this property
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