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    7500 Memorial Pkwy Huntsville, AL 35802

    For Lease
    $8 SF/Yr

    Prime Retail & Restaurant Space Available

    Lot size:
    110,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 110,000 square foot retail and restaurant center presents a unique investment opportunity. Situated on a 7.53-acre lot at the intersection of S Memorial Pkwy and Blvd South in Madison County, this Class B property boasts seven buildings, each three stories high, offering a diverse range of spaces. The center features 506 parking spaces and elevators for convenient access. Currently, there are two available spaces, ranging from 1,840 to 2,600 square feet, ideal for salons or small restaurants. One restaurant space benefits from high visibility from the Parkway. The property's C4 zoning allows for a variety of uses, combining retail and office space to create a vibrant hub with excellent foot traffic. Built in 1986, this established center enjoys a strategic location near Redstone Arsenal and the new Hays Farm development, ensuring high visibility and accessibility. This multi-tenant property offers a compelling blend of established businesses and available spaces, making it an attractive investment for both established and emerging businesses. The property's size and location provide ample opportunity for growth and expansion within a thriving community. The combination of retail, restaurant, and office space creates a dynamic environment, attracting a diverse clientele.

    Property Features for 7500 Memorial Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,000 SF
    Class
    B
    Total Rate
    73333.33

    Building Details

    Year Built
    1986
    Buildings
    7
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 3-106A
    Size
    1,840 SF
    Rate per SF
    $8
    Space
    Suite 3-106B
    Size
    2,600 SF
    Rate per SF
    $8

    HighLights

    • Retail and restaurant space available in a 110,000 SF, multi‑tenant center.
    • Two available spaces range from 1,840 to 2,600 square feet.
    • Seven buildings on 7.53 acres, offering ample space for various uses.
    • Property features 506 parking spaces and elevators.
    • Located near Redstone Arsenal and Hays Farm development, providing high visibility and foot traffic.
    • Class B property built in 1986, with C4 zoning in Madison County, AL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Good Company Cafe Brunch Restaurant Chiropractic Solutions Chiropractor Ralph April H ... Chiropractor April Ralph, DC Chiropractor Judy C. Park, ... Psychologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.573308778749
    Latitude
    34.66839498541

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail & Restaurant Space Available
    Where is this neighborhood center located?
    The property is located at 7500 Memorial Pkwy Huntsville, AL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Retail and restaurant space available in a 110,000 SF, multi-tenant center.; Two available spaces range from 1,840 to 2,600 square feet.; Seven buildings on 7.53 acres, offering ample space for various uses.
    Request Owner's contact information
    7500 Memorial Pkwy Huntsville, AL 35802
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    Huntsville, AL 35802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7500 Memorial Pkwy Huntsville, AL 35802
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