Legacy Commercial Property's Strategic Retail Expansion in Alabama

Legacy Commercial Property Expands Its Horizons

Legacy Commercial Property has made an important move in the retail sector by acquiring the Hunnington Center, a significant retail plaza that spans 55,000 square feet. This new property is situated on Memorial Parkway, right in the heart of a rapidly growing area. It’s an exciting time for the company as they broaden their reach and influence in commercial real estate.

A Hub for Innovative Retail

The Hunnington Center is strategically located at a high-traffic intersection, drawing over 29,000 vehicles each day. This prime location is essential for retail success, positioning it next to major retailers such as Lowes, Home Depot, and Publix, which enhances its visibility and accessibility for potential business partners and customers.

The Vision for Hunnington Center

Ben Hoogland, Vice President at Legacy Commercial Property, emphasized the importance of this site. He noted that Huntsville has emerged as a national center for technology and innovation, which aligns perfectly with Legacy's vision of enhancing convenience-focused retail experiences. The goal is to serve both local businesses and nationally recognized retail partners.

Ready for Immediate Leasing

The Hunnington Center isn't just an acquisition; it's a platform for new opportunities. With 36,000 square feet ready for immediate lease, it’s ideal for businesses looking to grow. Legacy Commercial Property's commitment to providing flexible leasing arrangements ensures that tenants will find a space that meets their needs.

Commitment to Upgrades and Renovations

Legacy Commercial Property plans to invest in renovating the plaza to create an attractive environment for both businesses and customers. The improvements will include fresh facades, new roofing, updated signage, and revamped parking facilities. These upgrades aim to enhance the overall shopping experience and attract more visitors to the plaza.

Meeting Growing Market Demand

With retail vacancies at historic lows, and a remarkable population growth in Huntsville since 2020, the timing for this development couldn't be better. The city's growth rate has outpaced the national average, making it a magnet for new businesses and shoppers alike. This situation creates a favorable landscape for the Hunnington Center to thrive.

The Legacy Approach to Real Estate

As a family-owned enterprise, Legacy Commercial Property brings over four decades of experience in retail real estate. Their unique vertically integrated model allows the company to handle every aspect of property management, from acquisition to leasing, ensuring high standards and smooth operations. This commitment to excellence is a major advantage for tenants in the Hunnington Center.

Contacting Legacy for Opportunities

Businesses interested in the Hunnington Center or any other available retail spaces are encouraged to reach out. The Nashville-based leasing team at Legacy is ready to assist potential tenants in finding the right solutions for their commercial needs.

Frequently Asked Questions

What is the size of the Hunnington Center?

The Hunnington Center offers 55,000 square feet of retail space available for lease.

Where is the Hunnington Center located?

The center is located on Memorial Parkway SW, in a high-traffic area with excellent visibility.

What types of retailers can lease space in the Hunnington Center?

Any growth-focused businesses, ranging from local shops to national chains, can explore leasing opportunities.

What renovations are planned for the Hunnington Center?

Renovations include a new facade, roofing, signage, and parking improvements to enhance the shopping environment.

Who can I contact for leasing inquiries?

Interested parties should contact Mike Kohne via email or phone for more information on available spaces.

About The Author

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