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4929 University Drive 4929 University Dr NW 1,709 - 4,709 SF of Retail Space Available in Huntsville, AL 35816
HIGHLIGHTS
- Prime location on University Drive
- Ample parking for tenants and visitors
- High visibility and signage opportunities
- Modern & Attractive exterior design
- Flexible floor plans to accommodate various businesses
- Professional property management
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite F | 3,000 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste Suite G | 1,709 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
4929 University Dr NW - 1st Floor - Ste Suite F
- Lease rate does not include utilities, property expenses or building services
4929 University Dr NW - 1st Floor - Ste Suite G
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 4929 UNIVERSITY DRIVE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alabama Cabinets
- Services
- 1
- -
- Alfa Insurance Co
- Insurance
- 260
- Regional
- AT&T Wireless
- Wireless Communications
- 10,742
- International
- People Ready
- Employment Agency
- 932
- International
- Verizon
- Wireless Communications
- 8,464
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alabama Cabinets | Services | 1 | - |
| Alfa Insurance Co | Insurance | 260 | Regional |
| AT&T Wireless | Wireless Communications | 10,742 | International |
| People Ready | Employment Agency | 932 | International |
| Verizon | Wireless Communications | 8,464 | International |
PROPERTY FACTS
| Total Space Available | 4,709 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 19,697 SF |
| Parking | 68 Spaces | Total Land Area | 1.59 AC |
| Center Properties | 1 | Year Built | 1987 |
| Total Space Available | 4,709 SF |
| Center Type | Strip Center |
| Parking | 68 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 19,697 SF |
| Total Land Area | 1.59 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
The property is a neighborhood center consisting of 19,697 square feet. The major tenant is AT&T, which maintains a retail store as well as offices at the center. In 2007, AT&T made a considerable investment in renovating their space, and in 2009 constructed a cell tower on the property, indicating a long-term commitment to this location. The owners have diligently maintained the property and have replaced the roof within the last year.
- Pylon Sign
NEARBY MAJOR RETAILERS
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4929 University Drive | 4929 University Dr NW
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