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 Home    Richland Plaza

Richland Plaza

Property ID: 16401
7185 highway 72, Madison,
United States
Call for Pricing For Sale
Retail
  • 292
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Anusha Alapati Davis
Anusha Alapati Davis
Contact Agent

Description

ADDRESS

RICHLAND PLAZA
7185, 7193, 7169 Highway 72
Madison, AL 35758

AVAILABLE 

34,914 SF Retail Center on
approx 5.5 Acres

ABOUT THE PROPERTY

  • Large site footprint and strong corner visibility great for repositioning, redevelopment, or re-anchoring to maximize long-term value
  • Property is positioned on a long-term ground lease with 60+ years remaining
  • Current Lease Rates are below market, providing significant upside potential for new ownership
  • Diversified Tenant Mix – Service-oriented and retail tenants create reliable income stability and foot traffic diversity
  • Lease Terms are primarily short-term with a few mid-term, creating flexibility for a potential redevelopment strategy
  • Vacancy: 25.8%
  • Positioned at Hwy 72 & Slaughter Road, one of the busiest retail corridors in Huntsville with ~44,200 VPD
  • Near major anchors like Kroger, Academy Sports + Outdoors, Hobby Lobby, and Sprouts Farmers Market

 

Download Property Flyer Here

 

Property Agents

Anusha Alapati Davis
Eric St. John, CCIM

Additional Information

Secondary Agent: Eric St. John
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