2700 Memorial Pkwy SW

Off-Market

2700 Memorial Pkwy SW, Huntsville, AL 35801

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 51,608 SF
  • Lot Size 3.17 Acre
  • Parking Spaces Avail. 113
  • Parking Ratio 2.20 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1965

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Huntsville

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Huntsville Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.79
  • 2022 Office Vacancy Rate 14.49%
  • 2022 Office Completions (SF) 49,000

Huntsville Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $120.55
  • Y-o-Y Avg. PpSF Change 8.33%
  • 2022 Office Sales Volume $78.2M
  • 2022 Number of Transactions 5
View more Huntsville market trends

Location

Getting Around

  • Walk Score ®

    70/100 Very Walkable
  • Transit Score ®

    22/100 Minimal Transit
  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City Huntsville, AL
  • Neighborhood John Hunt Park
  • Zip Code 35801
  • Market Huntsville

Points of Interest

  • Marathon

    0.07 miles

  • Parkway Liquor & Tobacco

    0.38 miles

  • Food Mart

    0.45 miles

  • Dodge's Chicken & Gas Station

    0.93 miles

  • Pratt Chevron

    2.11 miles

  • Discount Food Mart

    2.11 miles

  • Texaco

    2.22 miles

  • Citgo

    2.24 miles

  • Kangaroo Express

    2.36 miles

  • Costco Gasoline

    2.39 miles

  • Parking Garage

    0.23 miles

  • Safety City

    0.79 miles

  • Blackwell Medical Tower Parking Garage

    0.92 miles

  • Huntsville Hospital Employee Parking Garage

    0.92 miles

  • Huntsville Hospital Visitor Parking Garage

    1.02 miles

  • The Heart Center Parking Garage

    1.09 miles

  • Mental Health Lot

    1.14 miles

  • Franklin Medical Tower Parking Garage

    1.15 miles

  • 420 Lowell Drive Parking Garage

    1.21 miles

  • Lot V

    1.22 miles

  • SpringHill Suites

    1.00 miles

  • Embassy Suites

    1.08 miles

  • Value Place

    2.31 miles

  • Days Inn

    2.34 miles

  • Super 8

    2.42 miles

  • Bama Inn

    2.44 miles

  • Quality Inn

    2.55 miles

  • Hilton Garden Inn Huntsville/Space Center

    2.75 miles

  • Tom Bevill Center

    3.30 miles

  • Marriott

    3.33 miles

  • McDonald's

    0.05 miles

  • Wendy's

    0.11 miles

  • KFC

    0.21 miles

  • Farm Burger

    0.23 miles

  • Local Taco

    0.23 miles

  • Carrabas Italian Grill

    0.29 miles

  • Hardee's

    0.32 miles

  • City Cafe

    0.33 miles

  • Super Chix

    0.33 miles

  • Cracker Barrell

    0.35 miles

  • Children's House of Montessori

    0.07 miles

  • Huntsville High School

    0.43 miles

  • Council High School

    0.91 miles

  • Grace Lutheran School

    0.93 miles

  • Huntsville Inner City Learning Center

    0.97 miles

  • West Huntsville Elementary School

    0.98 miles

  • Bradley Junior High School

    1.08 miles

  • West End Early Childhood Education Center

    1.15 miles

  • Huntsville Junior High School

    1.30 miles

  • Drake State Technical College Extension

    1.65 miles

  • Slaughter Road Child Development Center

    6.63 miles

Frequently Asked Questions

What is the total square footage of 2700 Memorial Pkwy SW?

2700 Memorial Pkwy SW totals 51,608 square feet.

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