Madison, AL Commercial Real Estate for Lease and Sale

Explore 101 listings of Madison commercial real estate to find the best space for your business.

Capshaw Cove

Capshaw Road, Andover - Clayton Cove, Huntsville, AL
Property

VacantLand
For Sale

$695,000
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Gillespie and County Line Road

Gillespie and County Line Road, Windsor Parke, Madison, AL
Property

VacantLand
For Sale

$3,500,000
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7559 Highway 72 W

7559 Highway 72 W, Rainbow Landing, Madison, AL
Property

Retail

20,850 SF
Availability

1 Space

1,260 SF
Year Built

2006
For Lease Contact for pricing
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Huntsville Logistics Center

7700 Gunters Way, Chase Farm At Greenbrier, Huntsville, AL
Property

Industrial

2,200,000 SF
Availability

5 Spaces

4,186,946 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
7559 Highway 72 W

7559 Highway 72 W, Rainbow Landing, Madison, AL
Property

Retail

20,850 SF
Year Built

2006
For Sale

$4,847,000
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Royal Dr

Royal Dr, Palmer Park, Madison, AL
Property

VacantLand
For Sale

$1,057,400
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Town Madison Space For Lease

125 Stadium Way, Edgewater - Mountain Brook, Madison, AL
Property

Retail

9,000 SF
Availability

1 Space

4,000 SF
Year Built

2023
For Lease Contact for pricing
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Madison Medical I

1041 Balch Drive, Homestead, Madison, AL
Property

Office

66,513 SF
Availability

3 Spaces

12,185 SF
Year Built

2014
For Lease

$27.00 - $29.00/SF/YR
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Industrial/Manufacturing with Office For Sale

505 Production Ave, Palmer Park, Madison, AL
Property

Industrial

56,610 SF
Year Built

2001
For Sale

$7,200,000
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For Lease - 243 Browns Ferry, Suite 102

243 Browns Ferry, Downtown Madison, Madison, AL
Property

Retail

3,500 SF
Availability

1 Space

1,700 SF
For Lease

$30.00/SF/YR
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495 Production Avenue

495 Production Ave, Palmer Park, Madison, AL
Property

Industrial

40,880 SF
Availability

4 Spaces

40,800 SF
Year Built

2008
For Lease

$7.50/SF/YR
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15091 AL Hwy 20

15091 AL Hwy 20, Greenbrier Patch, Huntsville, AL
Property

Industrial

59,000 SF
Year Built

2001
For Sale

FOR SALE - CALL FOR PRICING
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3 Ac Retail Development Site

Highway 72 W, Belle Mor Lakes, Madison, AL
Property

VacantLand
For Sale

$3,500,000
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124 Jetplex Blvd SW

124 Jetplex Blvd SW, Huntsville International Airport, Huntsville, AL
Property

Office

63,000 SF
Year Built

1992
For Sale

$8,950,000
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West Dublin Office Center

3776 Sullivan Street, Palmer Park, Madison, AL
Property

Office

14,984 SF
Availability

2 Spaces

2,417 SF
For Lease Contact for pricing
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Madison Station

8337 Highway 72 W, Homestead, Madison, AL
Property

Office

30,480 SF
Availability

1 Space

2,247 SF
Year Built

2012
For Lease

$27.00/SF/YR
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Madison Festival Shopping Center

8498 Madison Blvd., Downtown Madison, Madison, AL
Property

Retail

16,039 SF
Availability

1 Space

1,265 SF
Year Built

2005
For Lease Contact for pricing
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6725 Swancott Rd

6725 Swancott Rd, Greenbrier Patch, Madison, AL
Property

Retail

3,100 SF
For Sale

Call For Pricing
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The Tower @ 7800

7800 Madison Blvd., Westgate, Huntsville, AL
Property

Office

60,000 SF
Availability

2 Spaces

12,265 SF
Year Built

1989
For Lease

$22.00 - $30.00/SF/YR
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Prime Development Land For Sale

County Line Road, Chase Farm At Greenbrier, Huntsville, AL
Property

Other
For Sale Contact for pricing
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Medical Park Station - High Quality Street Front Retail Center

105 Brookridge Drive, Homestead, Madison, AL
Property

Retail

34,000 SF
Availability

1 Space

1,600 SF
Year Built

2014
For Lease

$30.00/SF/YR
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County Line Road at Old Highway 20

County Line Road at Old Highway 20, Chase Farm At Greenbrier, Huntsville, AL
Property

VacantLand
For Sale

Call for Pricing
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0 Madison Blvd

0 Madison Blvd, Edgewater - Mountain Brook, Madison, AL
Property

VacantLand
For Sale

CALL FOR PRICING
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Success Cir

Success Cir, Greenbrier Patch, Madison, AL
Property

VacantLand
For Sale

Call For Pricing
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6240 Greenbrier Pkwy NE

6240 Greenbrier Pkwy NE, Chase Farm At Greenbrier, Madison, AL
Property

Retail

9,400 SF
Year Built

2024
For Sale

Call For Pricing
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0 Will McComb Drive - 2 Acres Industrial Opportunity

0 Will McComb Drive, Southpoint Industrial Park, Huntsville, AL
Property

VacantLand
For Sale

$525,000
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Meadow Green Centre Office Building

9238 Madison Blvd, Palmer Park, Madison, AL
Property

Office

107,770 SF
Availability

4 Spaces

37,408 SF
Year Built

1987
For Lease

$15.75 - $17.50/SF/YR
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8331 Madison Blvd

8331 Madison Blvd, Edgewater - Mountain Brook, Madison, AL
Property

Office

23,443 SF
Availability

1 Space

3,914 SF
Year Built

2009
For Lease

$21.50/SF/YR
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124 Jetplex Blvd SW

124 Jetplex Blvd SW, Huntsville International Airport, Huntsville, AL
Property

Office

63,000 SF
Availability

1 Space

63,000 SF
Year Built

1992
For Lease

$14.00/SF/YR
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Clift Farms

461 John Henry Way, Buchanan Estates - Colonial Promenade, Madison, AL
Property

Mixed Use

600 Acre
Availability Contact for availability

For Lease Contact for pricing
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FOR LEASE NEW CONSTRUCTION - Madison Office/Medical

8484 Wann Drive, Downtown Madison, AL, AL
Property

Office

6,300 SF
Availability

1 Space

2,600 SF
For Lease

$28.00/SF/YR
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Land Parcel 10800 County Line Road

10800 County Line Road, Ashbury, Madison, AL
Property

VacantLand
For Sale

$725,000
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Land Sale 102 Ivory Place

102 Ivory Place, Palmer Park, Madison, AL
Property

VacantLand
For Sale

CALL FOR PRICING
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15091 AL Hwy 20

15091 AL Hwy 20, Greenbrier Patch, Huntsville, AL
Property

Industrial

59,000 SF
Availability

1 Space

31,000 SF
Year Built

2001
For Lease

$10.50/SF/YR
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Greenbrier Distribution Center Phase 1

10121 Greenbrier Parkway, Greenbrier Patch, Madison, AL
Property

Industrial

290,160 SF
Availability

1 Space

290,160 SF
Year Built

2023
For Lease

$7.25/SF/YR
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Segers Road @ Old Highway 20

Segers Road @ Old Highway 20, Olde Cobblestone, Huntsville, AL
Property

VacantLand
For Sale

Call For Pricing
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Greenbrier Commerce Center

Greenbrier Pkwy, Greenbrier, Huntsville, AL
Property

Industrial
Availability

1 Space

487,000 SF
For Lease Contact for pricing
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Jetplex Circle Business Park - 117 Jetplex Circle

117 Jetplex Circle, Palmer Park, Madison, AL
Property

Industrial

27,900 SF
Availability

2 Spaces

16,200 SF
For Lease

$9.00/SF/YR
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Industrial/Manufacturing with Office For Sale

505 Production Ave, Palmer Park, Madison, AL
Property

Industrial

56,610 SF
Availability

1 Space

56,610 SF
Year Built

2001
For Lease

$11.00/SF/YR
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103 Spenryn Drive
The Offices at Spenryn
103 Spenryn Drive, Madison, AL
Services

Event Space

Meeting Room

Private Office
Amenities

Kitchen

Mail services

Receptionist/Secretarial services

TV/Monitor

White boards
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144 Jetplex Ln

144 Jetplex Ln, Palmer Park, Madison, AL
Property

Industrial

17,841 SF
Availability

1 Space

17,841 SF
For Lease

$6.75/SF/YR
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One Aviation Way SW

One Aviation Way SW, Chase Farm At Greenbrier, Huntsville, AL
Property

Land

3.16 Acre
For Sale

$1,500,000
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±2.0 Acres in Madison Available

Cleghorn Boulevard, Palmer Park, Madison, AL
Property

Other
For Sale

$850,000
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500 Lanier Road

500 Lanier Road, Downtown Madison, Madison, AL
Property

Industrial

22,500 SF
Availability

1 Space

6,500 SF
For Lease Contact for pricing
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132 Jetplex Lane

132 Jetplex Lane, Palmer Park, Madison, AL
Property

Industrial

30,000 SF
For Sale Contact for pricing
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Palmer Road

Palmer Road | Madison, Cedar Spring Station, Madison, AL
Property

VacantLand
For Sale

$312,543
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Plaza Blvd.

Plaza Blvd., Downtown Madison, Madison, AL
Property

VacantLand

3.68 Acre
For Sale Contact for pricing
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7243, 7263 & 7273 Hwy 72 W

7243, Rainbow Landing, Madison, AL
Property

VacantLand

4 Acre
For Sale Contact for pricing
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Portal Lane

Portal Lane, Clift Acres, Madison, AL
Property

Land

4.25 Acre
For Sale Contact for pricing
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Watercress Center Outparcel 1

Highway 72 & Slaughter Rd./Jeff Rd., Stallion Run, Huntsville, AL
Property

VacantLand

1.83 Acre
For Sale Contact for pricing
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8331 Madison Blvd

8331 Madison Blvd, Edgewater - Mountain Brook, Madison, AL
Property

Office

23,179 SF
Availability

3 Spaces

360 SF
For Lease

$500.00/SF/MO
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Watercress Center Outparcel 3

Highway 72 & Slaughter Rd./Jeff Rd. Huntsville, Stallion Run, Huntsville, AL
Property

VacantLand

0.91 Acre
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Madison commercial real estate market incorporates 468,499 square feet of office space across 15 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Madison commercial real estate market includes 25,169,827 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Madison market, there is a total of 3,570,961 square feet of industrial property.

The listing inventory in Madison incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Madison is represented by Industrial space, which accounts for 6,170,239 square feet of available listings. Retail space available in Madison adds up to 211,820 square feet.

Meanwhile, most of the listings of commercial property for sale in Madison are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Madison is $15.77 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Madison can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $22.05 per square foot, industrial space in Madison saw average rents of $7.25 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Madison, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Madison is in the Morris Estates neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Palmer Park area.

Meanwhile, retail space opportunities are most abundant in the Morris Estates submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Palmer Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $22 per square foot. In particular, the property type commanding the highest lease rates in Madison was Office space.

The average size of a commercial property in Madison depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Madison, the average size of an office property is 39,042 square feet.
Retail properties here incorporate an average of 968,071 square feet.
Industrial space in Madison is in buildings that are, on average 198,387 square feet in size.

Madison, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Madison currently add up to 6,500,843 square feet. The market offers 16 active office listing(s), which amount to 154,907 square feet and account for 29% of commercial spaces on the market. Local retail availability includes 122,796 square feet across 22 retail space(s). Industrial space for rent opportunities in Madison amount to 6,163,739 square feet across a total of 15 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	16	154,907
Retail	22	122,796
Industrial	15	6,163,739
Other	2	59,401

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Madison, AL. Currently, there is 1,062,800 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 7 retail investment opportunity listing(s) , and 6 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	63,000
Retail	7	47,635
Industrial	6	215,860
Other	35	736,305

Madison, AL Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Madison, AL?

What factors affect the price of commercial real estate in Madison, AL?

What is the average rent for commercial space in Madison, AL?

What are the best areas for commercial real estate in Madison, AL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Madison, AL?

Madison, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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