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Retail Development Near Downtown Gadsden
For Lease
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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
Property Size9,500 SF
Days on Market2118

Property Features for 410 W Meighan Blvd

General Information

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

Building Details

Building Size 9,500 SF
Year Built 2020
Tenancy Multiple

Spaces For Lease

at 410 W Meighan Blvd Contact us

Available Space

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Listing Agency: NAI Chase Commercial RE Services, Inc. - Birmingham
Listed By: Vanessa Morris · License #79324-0
Source: Crexi
Added: Oct 23, 2020 Changed: Aug 8 Last Checked: Aug 10 at 3:09PM

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 RE Services, Inc. - Birmingham

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

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Building Supply Storage Facility Gym & Fitness Center HVAC Service Big Box & Wholesale Store Cafe & Coffee Shop

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,389
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

Market

Lease Benchmarks for Gadsden, AL

$11.55 /SF/Yr
Avg Asking Price
$10.21–$12 /SF/Yr
Price Range
4,239 SF
Avg Space Size

This space is priced 142% above the average of $11.55 /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 $28 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) 383-4007 Call to check price and availability
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