Athens Retail

Retail-Commercial for Lease
Catylist Listing ID: 30054536
Property Subtypes: Mixed Use, Restaurant
Contiguous Space: 1,600 SF
Building Size (RSF): 1,600 SF
Gross Building Area: 14,400 SF
Gross Land Area: 2.08 Acres
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $2,400
Lease Types: NNN
Building Name: Hwy 72 Centre
Usable Size (USF): 1,600 SF
Last Updated: 11/8/2017

Overview / Comments

Available space is a former ice-cream store on the end cap with a drive thru.

Starbucks anchored Center is located on Athens' main retail corridor on Hwy 72. Site has direct access to the highway and is in the area of Big box retailers including Wal-Mart Supercenter, Lowe's and Publix.

Athens is experiencing exponential growth. Between 2010 and 2015, the city’s population grew by 14 percent, reaching an estimated 24,966, according to the U.S. Census Bureau.

And the pace of growth appears to be quickening. Athens-Limestone home sales spiked last year, jumping 23 percent from the prior year to 1,408 homes sold, according to the Alabama Center for Real Estate.

Located at intersection of Highway 72 and Interstate 65 (Ext 351)

Attachments & Media

Expand All Available Space

Suite: I 1,600 SF $18 PSF (Annual) NNN
Space Available: 1,600 SF
Lease Rate: $18 PSF (Annual)
$2,400 (Monthly)
Lease Type: NNN
Space Description: End Cap with Drive Through. Former Ice-Cream
Space Subcategory: Strip Center
Date Available: 9/14/2017
Lease Term: 60 Months
Space Type: Relet
Tax Expenses $1.05 PSF (Annual)
Operating Expenses $0.54 PSF (Annual)
CAM Expenses $1.86 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 2% per year

Additional Details

Nearest MSA: Huntsville
County: Limestone
Taxing Authority: Limestone County
Tax ID/APN: 10 05 15 2 000 002.001
Zoning: B3
Retail Clientele: Family, Business, Tourist
Property Located Between: Hwy 31 and Interstate 65
Property Visibility: Excellent
Largest Nearby Street: I-65
Feet of Frontage: 323
Traffic/Vehicle Count: 35,140
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2006
Construction/Siding: Brick
Total Parking Spaces: 60
Parking Type: Surface
Lot Frontage: 323
Lot Depth: 217.5
Legal Description: SWAN CREEK PHASE 1 LOT 1 BLK 3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,755 16,165 27,180
Median Age: 41.25 38.77 39.33
Households: 1,667 6,902 11,133

Contact

Photograph of Listing Agent

Angela McArthur

Stirling Properties Mobile
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