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Adaptable Former Credit Union Property
For Lease
$24 SF/Yr

1008 Portwood Drive, Albertville, AL 35951

Versatile space with drive-thru, ideal for various professional uses.

Space Size3,093 SF
Days on Market115

Property Features for 1008 Portwood Drive

General Information

Standard status Active
Size 3,093 SF
Class B
Property subtype Office
Lease Term Gross

Building Details

Building Size 3,093 SF
Year Built 1990

Spaces For Lease

at 1008 Portwood Drive Contact us

Former Credit Union Available $24/SF/Yr

Size
3,093 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Gateway Commercial Brokerage
Listed By: Will Swann · License #AL #000173842-0
Source: Gatewaycommercial
Added: May 8 Changed: Aug 27 Last Checked: Aug 29 at 8:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gateway Commercial Brokerage

Investment Insights

Based on property information with market context.

This former credit union property is located just off high-traffic Highway 431. The well-maintained space is designed with functionality and security in mind, offering an opportunity for a wide range of professional users. It features multiple private offices and a welcoming layout for client-facing operations. The existing infrastructure supports efficient day-to-day operations. Equipped with enhanced security systems, the building offers tenants elevated safety measures. A standout feature is the existing drive-thru, providing added convenience and flexibility for financial institutions, pharmacies, medical users, or any business seeking to offer streamlined service. With minimal modifications, this space can be easily converted to accommodate medical or office use, making it an excellent fit for healthcare providers, administrative offices, or specialty service users. Its strategic location ensures strong visibility and accessibility, while the versatile layout allows tenants to tailor the space to their specific needs. The property is suitable for office units, office spaces, banks, retail properties and spaces, medical office space, and general commercial real estate.

Key Highlights

  • Prime location off high‑traffic Highway 431 ensures strong visibility and accessibility.
  • Existing drive‑thru provides added convenience and flexibility for various business types.
  • Enhanced security systems from former banking use offer elevated safety measures.

Property Analytics

Current Use

Alabama Teachers Credit ... Association / Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

Demographics for 35951, AL

14,219
Population
5,778
Households
2.5
Avg Household Size
36
Median Age
14%
College-Educated
75%
High-School Grad
77.8 sq mi
ZIP Area
183
Density / Sq Mi
$51,869
Median Household Income
$30,701
Median Earnings
$688
Median Rent
$147,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Versatile space with drive-thru, ideal for various professional uses.
Where is this office units located?
The property is located at 1008 Portwood Drive Albertville, AL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location off high‑traffic Highway 431 ensures strong visibility and accessibility.; Existing drive‑thru provides added convenience and flexibility for various business types.; Enhanced security systems from former banking use offer elevated safety measures.
More about this property
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