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7185 Highway 72 W
Huntsville, AL 35806
Richland Plaza · Retail Property For Sale
Executive Summary
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
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
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
34,871 SF
Building Class
C
Year Built
1994
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
6.15 AC
Zoning
Commercial - Commercial
Amenities
- Signage
Property Taxes
| Parcel Number | 15-08-27-0-001-032.000 | Improvements Assessment | $426,360 |
| Land Assessment | $316,700 | Total Assessment | $743,060 |
Property Taxes
Parcel Number
15-08-27-0-001-032.000
Land Assessment
$316,700
Improvements Assessment
$426,360
Total Assessment
$743,060
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