Home Depot anchored 2.15 acres
Land | 2.15 acres
Marketing description
Opportunity: An exceptional redevelopment opportunity along Highway 72, a high-traffic corridor surrounded by national retailers in Madison, Alabama.
Site Details: The parcel totals ±2.15 acres and is zoned C4, allowing for a wide range of commercial uses including retail, QSR, and service-based businesses.
Existing Improvements: The site currently has a ±2,772 SF former pizza restaurant building with existing utility connections, parking, and curb cuts. While the structure can be renovated for a quick-service or local tenant, the highest and best use is redevelopment given the strength of the corridor, size of the lot and surrounding growth.
Why buy: Huntsville/Madison is the fastest growing city in Alabama and one of the fastest growing cities in the country. It has high average household income of $140,000+, rapid population growth and low retail vacancy as compared to the rest of the country. The lot sits directly in front of Home Depot and is less than a mile from Clift Farm’s brand new 550-acre master planned community development.
Investment highlights
±2.15 Acre Parcel Shadow Anchored by Home Depot
Traffic Counts of 44,900 VPD on Hwy 72 and 14,200 on Hughes Rd
Surrounded by TJ Maxx, Starbucks, Wendy’s, Sprouts, Hobby Lobby, Kohl’s, Aldi, Academy Sports etc.
Former restaurant improvements in place (utilities, parking, grease trap, etc.)
Huntsville/Madison, AL is One of the Fastest Growing Cities in the Country
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