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Shops on Parkway 1010 Memorial Pky N 1,764 - 16,393 SF of Retail Space Available in Huntsville, AL 35801
HIGHLIGHTS
- Secure prime retail or mixed-use space at this brand-new commercial center, providing unparalleled brand visibility along N Memorial Parkway.
- Starting at a sizable 1,764 square feet, the opportunity to combine spaces for businesses seeking a larger, customizable floor plan is available.
- With nearby establishments like The Home Depot, Costco, and Huntsville's Municipal Court, tenants benefit from exposure to over 72,000 daily vehicles.
- Delivering by Q4 2025, this modern two-building development offers end caps and in-line space with an alluring façade and flexible build-outs.
- Ideal for retailers, QSRs, service-oriented businesses, mixed-use offices, or light medical users looking to expand or start operations in Huntsville.
- Demographics in the region are trending positively, anticipating a total population growth of 10% by 2029, ensuring long-term success for businesses.
SPACE AVAILABILITY (9)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,932 SF | Negotiable | $44.65 CAD/SF/YR $3.72 CAD/SF/MO $86,257 CAD/YR $7,188 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B | 1,764 SF | Negotiable | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $73,834 CAD/YR $6,153 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C | 1,794 SF | Negotiable | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $75,090 CAD/YR $6,257 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D | 1,794 SF | Negotiable | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $75,090 CAD/YR $6,257 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste F | 1,825 SF | Negotiable | $44.65 CAD/SF/YR $3.72 CAD/SF/MO $81,480 CAD/YR $6,790 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste G | 1,794 SF | Negotiable | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $75,090 CAD/YR $6,257 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste H | 1,794 SF | Negotiable | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $75,090 CAD/YR $6,257 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste J | 1,764 SF | Negotiable | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $73,834 CAD/YR $6,153 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste K | 1,932 SF | Negotiable | $44.65 CAD/SF/YR $3.72 CAD/SF/MO $86,257 CAD/YR $7,188 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,352 SF of adjacent space
1st Floor, Ste C
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,352 SF of adjacent space
1st Floor, Ste D
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 5,352 SF of adjacent space
1st Floor, Ste F
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 9,109 SF of adjacent space
1st Floor, Ste G
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,109 SF of adjacent space
1st Floor, Ste H
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,109 SF of adjacent space
1st Floor, Ste J
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,109 SF of adjacent space
1st Floor, Ste K
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 9,109 SF of adjacent space
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.
SITE PLAN
TENANTS AT SHOPS ON PARKWAY
- TENANT
- DESCRIPTION
- SIZE
- MOVE DATE
- US LOCATIONS
- REACH
- Shipley's Donuts
- Accommodation and Food Services
- -
- -
- -
- -
| TENANT | DESCRIPTION | SIZE | MOVE DATE | US LOCATIONS | REACH |
| Shipley's Donuts | Accommodation and Food Services | - | - | - | - |
PROPERTY FACTS
| Total Space Available | 16,393 SF | Gross Leasable Area | 18,750 SF |
| Max. Contiguous | 9,109 SF | Year Built | 2025 |
| Property Type | Retail | Parking Ratio | 4.5/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 16,393 SF |
| Max. Contiguous | 9,109 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 18,750 SF |
| Year Built | 2025 |
| Parking Ratio | 4.5/1,000 SF |
ABOUT THE PROPERTY
Welcome to the Shops on Parkway, a brand-new commercial destination taking shape in Huntsville's bustling retail corridor. At 1010 Memorial Parkway N, slated for completion by October 2025, this striking two-building development will feature a contemporary architectural design with a central pedestrian walkway, modern façades, and high-end finishes, positioning brands for maximum visibility and success. With flexible footprints starting at 1,764 square feet and the ability to combine suites for up to a full-building takeover at 9,200 square feet, the Shops on Parkway accommodates a roster of business models, from national and local retailers to quick-service restaurants (QSRs), mixed-use office spaces, light medical users, and professional service providers. End caps and in-line units are available, all fully ADA-compliant and meticulously constructed for long-term, low-maintenance operations. Ample front and rear parking ensures convenience for tenants and customers, while prominent signage offers exposure to over 72,000 vehicles per day (VPD) near N Memorial Parkway and University Drive. Join Shipley Do-Nuts, a popular American doughnut company with more than 300 locations throughout the United States and a powerhouse of national neighbors such as The Home Depot, Planet Fitness, and Costco, benefiting from consistent, high-volume foot traffic. The surrounding area is projected to grow by nearly 10% by 2029, with a current consumer spending power of $816.9 million and a 3-mile radius population nearing 83,500. Whether launching a new storefront concept or expanding an established brand, the Shops on Parkway offers the visibility, flexibility, and momentum to thrive in one of Huntsville's most dynamic commercial markets.
MARKETING BROCHURE
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Red Lobster | - | - | 2 min walk |
| Schnitzal Ranch | German | $$ | 3 min walk |
| Pizza Hut | - | - | 5 min walk |
| End Zone | American | $$ | 7 min walk |
| Heavens Healthy Kitchen | - | - | 13 min walk |
RETAIL |
||
|---|---|---|
| OneMain Financial | Finance Company | 3 min walk |
| MAPCO | Convenience Market | 5 min walk |
| Flooring America | Floor Covering | 8 min walk |
| Check 'n Go | Check Cash/Quick Loans | 9 min walk |
| Storage Sense | Rental Shop | 11 min walk |
HOTELS |
|
|---|---|
| Curio Collection by Hilton |
115 rooms
5 min drive
|
| AC Hotels by Marriott |
120 rooms
6 min drive
|
| Hampton by Hilton |
150 rooms
6 min drive
|
| SpringHill Suites |
149 rooms
6 min drive
|
| WoodSpring Suites |
106 rooms
9 min drive
|
LEASING TEAM
LEASING TEAM
Jed Park, Qualifying Broker
Jed specializes in retail development and income producing properties. He has closed over $100 million dollars in his career, and helps clients find real estate that meets their financial goals. He graduated from the University of Alabama and is a past NALCOM president.
Presented by
Shops on Parkway | 1010 Memorial Pky N
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