7950 Highway 72 W
Madison, AL 35758
North Madison Corners · Retail Property For Sale

Colliers International is pleased to offer North Madison Corners (“the Property”), a 73,897 SF neighborhood center anchored by Marshalls, Michaels, and Dollar General. Located in Huntsville (MSA), Alabama, the center is strategically situated at the corner of Highway 72 and Wall Triana Highway, which experiences combined traffic counts of more than 68,700 vehicles per day. The center is adjacent to a Lowe’s and within close proximity to Target, Home Depot, Wal-Mart, Kroger, TJ Maxx, Publix, Ross, and Kohls, among other national credit retailers. The center is ideally positioned in the highly desirable submarket of Madison, which is one of the fastest growing cities in Alabama and boasts strong demographics with average household incomes of $111,908 within three miles of the Property. Madison is a key part of the Huntsville MSA, which was the 10th fastest growing metropolitan area in the South and 30th fastest growing MSA in the nation between 2010 and 2016 according to a recent report by the United States Census Bureau. Huntsville is currently the second largest Metropolitan Area in Alabama with more than 450,000 people and the city’s population is expected to surpass Birmingham as the largest city in less than 10 years. Bloomberg has labeled Huntsville as one of “The Unlikely Cities that Will Power the US Economy” based on its emerging economic drivers including biotech, aerospace, technology, STEM, healthcare, missile defense, and research & development. Huntsville is frequently cited as the smartest city in the United States due to its nation-leading number of engineers per-capita. North Madison Corners is positioned as a center resistant to e-commerce with its tenant roster of off-price retailers, medical, restaurants, service and experience-based retailers. The majority of the center was renovated in 2016 with the addition of Marshalls, Michaels, and Message Envy, which account for 70% of the space and all of which signed 10 year deals. The in-line tenants which occupied the Property prior to the renovation and major anchor presence have an average of 10 years of occupancy.