Contacts
Matthews Real Estate Investment Services
Property Details
- Property Type Retail
- Property Size 135,440 SF
- Lot Size 15.69 Acre
- Date Updated Nov 11, 2025
- Visibility/Traffic Count (VPD) 27,000
• Rare Opportunity — Below-Market Rents in a Thriving Market:
Lowe’s has operated at this site for over 30 years. The location benefits from Decatur’s proximity to Huntsville’s growth. Rents are below market average, offering long-term upside when the lease renews. The tenant’s strong history makes this a rare chance to acquire a stable, below-market tenant.
• National Corporate Credit Tenant:
Lowe’s, rated S&P: BBB+ Stable, is a major national retailer with investment-grade credit — ensuring reliable income and financial strength.
• Long-Term Commitment:
Lowe’s has been operating here since 1990, showing over three decades of proven performance and commitment.
• Large Building & Parcel:
The property has a large-format store and parcel size, giving long-term intrinsic value and flexibility for redevelopment or re-use.
• Strong Rent Growth & Built-In Upside:
The tenant is in the 2nd of six option periods, with 6% rent increases at each option. This structure allows compounding income growth, and future renewals would bring rents up to market levels, increasing value.
• Prime Retail Corridor Location:
Located on Beltline Road (±27,000 VPD), Decatur’s main retail artery. It’s next to Publix and other national retailers, ensuring steady consumer traffic.
• Explosive Regional Growth:
Decatur benefits from nearby Huntsville’s expansion — including the U.S. Space Command presence, driving population and economic growth, and ensuring strong long-term demand.
• Institutional-Grade Investment:
The asset combines rare tenancy, long-term history, rent growth, market strength, and real estate value, making it attractive for core, long-term, and 1031 exchange buyers.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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59/100
Walk Score ®
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46/100
Bike Score ®
Location
- City Decatur, AL
- Zip Code 35601
- Market Huntsville
Points of Interest
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Murphy USA
1.16 miles
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Shell
1.46 miles
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Texaco
1.83 miles
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Mapco
1.86 miles
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Snackers
2.18 miles
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Kroger
2.22 miles
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Walmart
2.45 miles
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Phillips 66
2.83 miles
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Fuel station
3.60 miles
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RaceWay
3.68 miles
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Lot 19C
6.48 miles
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Lot 19A
6.54 miles
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Lot 19B
6.57 miles
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Lot 17A
6.61 miles
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Lot 20B
6.63 miles
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Lot 15A
6.66 miles
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Lot 20A
6.66 miles
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Lot 16B
6.71 miles
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Lot 16A
6.76 miles
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Student/Faculty
6.76 miles
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McDonald's
0.34 miles
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Chick-fil-A
0.37 miles
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Taco Bell
0.41 miles
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Pizza Hut
0.45 miles
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Buffalo Wild Wings
0.86 miles
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Whitt's Barbeque
0.93 miles
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Burger King
0.93 miles
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Golden Corral
0.94 miles
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Arby's
1.05 miles
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Steak 'n Shake
1.07 miles
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Publix
0.18 miles
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ALDI
0.36 miles
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Decatur Mall
0.37 miles
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Walmart Supercenter
1.28 miles
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Kroger
2.23 miles
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Walmart Neighborhood Market
2.38 miles
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Ross
2.52 miles
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Target
2.59 miles
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Coop
2.62 miles
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Foodland
7.50 miles
Matthews Real Estate Investment Services