TIMES PLAZA HUNTSVILLE, ALABAMA - Crunkleton Commercial Real Estate
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TIMES PLAZA
HUNTSVILLE, ALABAMA
CONFIDENTIALITY & DISCLAIMER
TIMES PLAZA - HUNTSVILLE, AL
T
he information contained in the following package is
proprietary and strictly confidential. It is intended to be
reviewed only by the party receiving it from Crunkleton
Commercial Real Estate Group and should not be made
available to any other person or entity without the written
consent of Crunkleton Commercial Real Estate Group. This
information has been prepared to provide a summary for the
purposed refinance of the subject property. The information
contained herein is not a substitute for a thorough due diligence
investigation. Crunkleton Commercial Real Estate Group
has not made any investigation, and makes no warranty or
representation, with respect to the income or expenses for the
subject property, the future projected financial performance of
the property, the size and square footage of the property and
improvements. All potential candidates must take appropriate
measures to verify all of the information set forth herein.
ABOUT THE PROJECT TOTAL AVAILABLE SF: 67,015 SF • 35,286 SF Of Office Space • 31,729 SF Of Retail Space TOTAL PARKING SPACES: 411 ZONING: City Of Huntsville: HI - Heavy Industry GPS COORDINATES: 34.714438, -86.590339 LOCATION: Centrally located between Huntsville’s only Whole Foods Market and bustling Downtown Huntsville.
THE LOCATION
2317 S. Memorial Parkway
TIMES PLAZA
Huntsville, AL 35801
34.714438, -86.590339
ABOUT THE AREA
• Located in the heart of Highway 231’s
(Memorial Parkway) busiest retail corridor.
• Over 116,200 vehicles pass by the site’s
location every day.
• Situated adjacent to Huntsville’s first and
only Whole Foods Market and Huntsville
High School, which has a student/
teacher population of over 1,924 people.
• Located just down the street from the
site is Parkway Place Mall, Huntsville’s
largest indoor shopping mall featuring
retailers such as: William Sonoma,
Pottery Barn, Belk, and Brookstone.
• Minutes from the thriving Downtown
Huntsville area, home to an abundance
of restaurants, museums, concerts, and
free community events.
• Adjacent retail tenants in the area
currently include: Whole Foods, Farm
Burger, Mountain High Outfitters,
Lululemon, Maki Fresh, Local Taco,
Amazing Lash Studio, Spazio, ENVY
Boutique, Regions Bank, Orange Theory
Fitness, Chuy’s, Ulta Beauty, and more.
PROPERTY HIGHLIGHTS
• Located within minutes of Huntsville’s most high-
traffic areas—Downtown Huntsville, Lowe Mill ARTS
& Entertainment, and the Huntsville Hospital medical
district.
• Easily accessible via Memorial Parkway, in addition to
via Marketplace Dr. in the rear of the building.
• In an area with a total daytime population of more
than 205,900 people.
• Spaces for boutique shopping, fitness, restaurants,
and offices.
CURRENT 2016 DEMOGRAPHICS
1 Mile 3 Mile 5 Mile
Population 5,523 63,062 119,970
Households 2,574 28,200 51,659
Avg Household Income $52,691 $60,616 $61,708
PROJECTED 2021 DEMOGRAPHICS
1 Mile 3 Mile 5 Mile
Population 5,751 65,211 123,982
Households 2,680 29,198 53,507
Avg Household Income $50,183 $62,941 $64,390
TRAFFIC COUNTS
Avg Vehicles Per Day 116,200 ± On Highway 231
DEVELOPMENT SITE MAP
VANDE
TIMES PLAZA
R
BILT D
R.
HIGHW
AY 231
MA
R
KE
P
T
L.
LK
WA
N TS
CHA
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M BOB WALLACE AVE.
BOB WALLACE AVE. E AVE.
ALLAC
BOB W
HIGHW
AY 231
PHOTOS OF DEVELOPMENT
5,676 sf
f
1,007 s
1,038 sf
1,021 sf
f
2,546 s
2,275 sf
DEVELOPMENT SITE MAP - FIRST FLOOR
f
2,100 s
HIGHW
f
AY
2,100 s
231
DEVELOPMENT SITE MAP - SECOND FLOOR
11,703 SF
AVAILABLE
DEVELOPMENT SITE MAP - THIRD FLOOR
11,703 SF
FULLY LEASEDDEVELOPMENT SITE MAP - FOURTH FLOOR
8,644 SF 3,059 SF
LEASED AVAILABLEHUNTSVILLE QUICK FACTS
Second largest MSA in the state of Alabama with over
441,700 people in the metro statistical area.
Huntsville has been officially chosen as the next Gig
City, with Google Fiber expanding into the Huntsville market
between 2017 and 2020.
Huntsville is one of the Top 30 fastest growing major
metros in the country.
Huntsville has had an average annual growth rate of 1.3
percent since 2000, putting it on track to become the
largest city in all of Alabama within the next decade.
Huntsville has one of the highest percentages of people
with college degrees in the US – more than one out of
every three adults has one.
Most craft breweries per capita in all of Alabama.
HUNTSVILLE’S MAIN ECONOMIC DRIVERS
n k l
DEFENSE TECHNOLOGY FED GOVERNMENT RESEARCHTHE GREATER HUNTSVILLE TRADE AREA
HUNTSVILLE, ALABAMA
For more than 200 years, beautiful Huntsville, Alabama, nestled in the foothills of the Appalachian Mountains
has attracted tourists, transfers, retirees and young professionals seeking opportunities of big city with small
town hospitality. Home to NASA’s Marshall Space Flight Center, state-of-the-art medical facilities and the second
largest research park in the United States, Huntsville has been nicknamed “The Rocket City”.
DEMOGRAPHICS
• Average household income: $76,941 (MSA)
• Population: 451,749 (MSA)
• Households: 180,308 (MSA)
• 4th highest average salary of any MSA in the Southeast
• Highest concentration of engineering degrees in the Nation
• MSA = Limestone & Madison Counties
COLLEGE & UNIVERSITIES
Home to the University of Alabama in Huntsville, Alabama A&M University & Calhoun Community College, Huntsville
has a student population of over 18,000 students.
BUSINESS & INDUSTRY
• Huntsville is one of the Top 30 fastest growing major metro’s in the country (US Census, March 2014)
• Huntsville is among the top 10 Most promising U.S. Tech Hubs to watch in 2014 (Techie.com, January 2014)
• Huntsville named one of the Best Places to Live (Livability, October 2013)
• Huntsville 4th for Growth Potential (Business Facilities, August 2013)
• CNN Money ranks Madison County No. 7 in the country of a great place to live and find a job (August 2013)
• Huntsville named one of Forbes Top 20 Leading Metros for Business (Forbes, July 2011)
REDSTONE ARSENAL
Redstone Arsenal and NASA have over 7 million SF of office and research facility with 32,000 daytime employees
and a budget of over $100 billion. Agencies include: U.S. Army Materiel Command, Aviation & Missile Command
and Space & Missile Defense Command as well as NASA Marshall Space Flight Center. Through BRAC (Base
Realignment and Closure) over 5,000 new jobs have moved to Huntsville.
CUMMINGS RESEARCH PARK
Encompassing 3,843 acres housing over 285 companies and more than 25,000 employees and a payroll of over
$1.4 billion per year, Cummings Research Park (CRP) is the 2nd largest research park in the U.S. and the 4th
largest in the world.256.536.8809 • 513 Madison Street, Suite B Huntsville AL 35801
Wesley B. Crunkleton, CPM
wesley@crunkletonassociates.comYou can also read
