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Former Bank in Hoover Outparcel
For Lease
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5576 Grove Blvd, Hoover, AL 35226

4,367 SF former bank branch available for lease.

Property Size4,367 SF
Lot Size1.70 Acres
Days on Market147

Property Features for 5576 Grove Blvd

General Information

Standard status Active
Size 4,367 SF
Lot size 1.70 Acres
Property subtype Retail

Building Details

Year Built 2011
Listing Agency: Southpace Properties
Listed By: Garrett Laurie · License #AL #000146623 - 1
Source: Southpace
Added: Mar 6 Changed: Jul 6 Last Checked: Jul 30 at 5:58AM

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 Southpace Properties

Investment Insights

Based on property information with market context.

This 4,367 square foot former bank is located on a 1.7 acre outparcel at The Grove in Hoover, Alabama. The property benefits from a signalized intersection and is an outparcel to a Target-anchored center. The Grove attracts over 4.1 million visitors annually, ranking it as the 8th most visited community shopping center in Alabama. Nearby are Stadium Trace Village, Hoover Metropolitan Complex, and The Village at Brock's Gap. The building is LEED Gold Certified. The location is near the new Primrose at Everlee, with 2,344 planned homes scheduled for completion in September 2026. The 2025 average household income in the area is projected to be $151,381.

Key Highlights

  • High Traffic Location: Outparcel to The Grove, drawing over 4.1 million annual visitors and ranking as the 8th most visited shopping center in Alabama.
  • High Income Demographics: 2025 Average Household Income is $151,381.
  • Strategic Location: Signalized intersection near Stadium Trace Village, Hoover Metropolitan Complex and The Village at Brock's Gap.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Electrical Service Storage Facility Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby

Demographics for 35226, AL

38,471
Population
14,904
Households
2.6
Avg Household Size
39
Median Age
69%
College-Educated
97%
High-School Grad
17.7 sq mi
ZIP Area
2,174
Density / Sq Mi
$126,053
Median Household Income
$65,454
Median Earnings
$1,467
Median Rent
$387,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Bank - 4,367 SF former bank branch available for lease.
Where is this bank located?
The property is located at 5576 Grove Blvd Hoover, AL.
What are key features of this property?
This property features: High Traffic Location: Outparcel to The Grove, drawing over 4.1 million annual visitors and ranking as the 8th most visited shopping center in Alabama.; High Income Demographics: 2025 Average Household Income is $151,381.; Strategic Location: Signalized intersection near Stadium Trace Village, Hoover Metropolitan Complex and The Village at Brock's Gap.
More about this property
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