Retail Space - For Sale
7709 Highway 72 West Madison, AL 35758
Details & Description
Price: $3,205,318
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.810
  • Building Sq Ft 6,600
  • Building Price per Sq Ft $485.65
  • Land Sq Ft 35,283
  • Land Price per Sq Ft $90.85
A recently constructed 4-tenant strip center located at the “50-yard line” of a massive cluster of national retail on Highway 72, in Madison, AL (Huntsville MSA).Madison Station features three internet-resistant tenants: Chicken Salad Chick, Teriyaki Madness and a Nail Salon. The fourth space, 1,136 sf, is currently vacant, but seller will master lease it for six months at a market rate, allowing the new owner adequate time to find and secure a final tenant. The leases are NN, with landlord responsible for roof and structure. However, given that the building was completed in 2018 with a 20-year roof warranty, landlord expense exposure should be minimal. Tenants pay insurance and utilities directly and reimburses for CAM and taxes.The Madison, AL, market features excellent demographics; within one milethe average household incomes exceed $124,000, making the market one ofthe most affluent demographics in the Middle South. Madison is the premiersubmarket of Huntsville, which boasts the highest per capita number of advanced degrees in the South, and is home to several Fortune 500 companies. Additionally, Huntsville is one of the largest technological research complexes in the world, and is a massive, critical hotbed of the aerospace industry. It has been said that “most things shot up into space are conceived, developed and manufactured in Huntsville.”
Listing Agents
Joe Caccamo
Capital Pacific
O: 415-274-7394
jcaccamo@capitalpacific.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

7709 Highway 72 West

Madison, AL 35758

Listing ID: 259426
$3,205,318
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.810
  • Building Sq Ft 6,600
  • Building Price per Sq Ft $485.65
  • Land Sq Ft 35,283
  • Land Price per Sq Ft $90.85
  • 7709 Highway 72 West Madison, AL 35758 | for Sale | Photo 1
  • 7709 Highway 72 West Madison, AL 35758 | for Sale | Photo 2
  • 7709 Highway 72 West Madison, AL 35758 | for Sale | Photo 3
7709 Highway 72 West | for Sale | Thumbnail 1
7709 Highway 72 West | for Sale | Thumbnail 2
7709 Highway 72 West | for Sale | Thumbnail 3
Description

A recently constructed 4-tenant strip center located at the “50-yard line” of a massive cluster of national retail on Highway 72, in Madison, AL (Huntsville MSA).

Madison Station features three internet-resistant tenants: Chicken Salad Chick, Teriyaki Madness and a Nail Salon. The fourth space, 1,136 sf, is currently vacant, but seller will master lease it for six months at a market rate, allowing the new owner adequate time to find and secure a final tenant. The leases are NN, with landlord responsible for roof and structure. However, given that the building was completed in 2018 with a 20-year roof warranty, landlord expense exposure should be minimal. Tenants pay insurance and utilities directly and reimburses for CAM and taxes.

The Madison, AL, market features excellent demographics; within one mile

the average household incomes exceed $124,000, making the market one of

the most affluent demographics in the Middle South. Madison is the premier

submarket of Huntsville, which boasts the highest per capita number of advanced degrees in the South, and is home to several Fortune 500 companies. Additionally, Huntsville is one of the largest technological research complexes in the world, and is a massive, critical hotbed of the aerospace industry. It has been said that “most things shot up into space are conceived, developed and manufactured in Huntsville.”

Attachments & Files

Listing Demographics for 7709 Highway 72 West Madison, AL 35758

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,19444,69994,132
Population Median Age413938
Population by Age0-9 Yrs490 (11%)5051 (11%)10523 (11%)
10-19 Yrs459 (10%)6370 (14%)13636 (14%)
20-29 Yrs544 (12%)5734 (12%)13462 (14%)
30-39 Yrs448 (10%)5152 (11%)11569 (12%)
40-49 Yrs426 (10%)5795 (12%)12644 (13%)
50-59 Yrs826 (19%)8221 (18%)16017 (17%)
60-69 Yrs547 (13%)4580 (10%)8896 (9%)
70+ Yrs454 (10%)3796 (8%)7385 (7%)
Median HH Income$100,262$95,633$88,404
Total Household Income< 24K111 (6%)1550 (8%)4290 (11%)
25-49K176 (10%)2310 (13%)5536 (14%)
50-74K269 (16%)2551 (14%)5922 (15%)
75-99K247 (15%)2745 (15%)5466 (14%)
100-199K586 (36%)6157 (35%)12463 (33%)
200K+221 (13%)2041 (11%)3681 (9%)
Highest Education LevelNo Diploma8711402684
Diploma or GED37039108917
Some College488513811540
Assoc. Degree24522845130
Bachelors Degree10181054121226
Higher Degree723747414281
Total Housing Units1,72418,25839,595
--Owner-Occupied1,29413,01525,607
--Renter-Occupied3174,33911,750
Owner-Occupied Values< 100K958491837
100-199K37341089086
200-299K45745078201
300-399K13219793740
400-499K1037411488
500K+1348311254
Total Working Age Population3,45236,14075,923
In Work Force2,18323,86950,988
Not In Work Force1,26912,27124,935
Workforce Employed2,06322,69848,690
Workforce Unemployed969501,899
Civlian Workforce2,15923,64850,589
Military Workforce24221399
Total Households1,61017,35437,358
Family Households1,17112,39624,760
Non-Family Households4394,95812,598
Married Couple1,00310,26220,210
Other Family1682,1344,550
Married w/Child3204,1268,558
Single Male w/Child31449829
Single Female w/Child608351,886

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Alabama4,447,100+74,779,736+34,940,253+45,124,380
Limestone County65,676+2682,782+2199,775+16116,015
Madison County276,700+21334,811+11372,447+11412,126
Morgan County111,064+8119,4900119,865+1121,344

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
7495 Wall Triana Hwy, Madison, AL $1,828,000 23920 7.5
8979 Madison Boulevard, Madison, AL CALL 1581 0.04
1500 Jordan Ln NW, Huntsville, AL $425,000 1100 0.7
304 Governors Drive Southwest, Huntsville, AL $1,800,000 4117 0.45
300 Governors Drive Southwest, Huntsville, AL $1,700,000 2359 0.4
1010 Airport Rd SW, Huntsville, AL $1,750,000 7186 -
445 Moulton St E, Decatur, AL CALL 10300 -
725 Beltline Road Southwest, Decatur, AL $4,253,000 14400 1.5
810 Beltline Rd SW, Decatur, AL $750,000 2100 0.65
5475 Alabama 157, Cullman, AL CALL 5000 1.14
Closest Commercial Airports
Airport Distance (mi)
Huntsville International Carl T Jones Field (HSV) 8
Birmingham-Shuttlesworth International Airport (BHM) 82
Chattanooga Metropolitan Airport (Lovell Field) (CHA) 89
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