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Retail Pad with Drive-Thru Lanes
For Lease
$750,000

629 Red Lane Road, Birmingham, AL 35215

Former bank building on a hard-corner retail pad with existing drive-thru lanes at a signalized intersection.

Space SizeContact for details
Days on Market32

Property Features for 629 Red Lane Road

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 60,500 vehicles/day
Highway Access Yes
Listing Agency:
Listed By: John T. Brown
Source: Shanwalt
Added: Jul 11 Changed: Jul 21 Last Checked: Aug 10 at 3:44AM

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 John T. Brown

Investment Insights

Based on property information with market context.

This retail pad site includes a former bank building with existing drive-thru lanes, positioned on a hard corner at the signalized intersection of Red Lane Road and Roebuck Parkway. The setup offers straightforward drive-through functionality for service-oriented retail and related uses.

The location is supported by high reported traffic counts, with approximately 160,500 VPD on I-59 and 139,200 VPD on Parkway E. Nearby and surrounding national credit tenants include Walmart, Chick-fil-A, Arby’s, Wells Fargo, and Planet Fitness.

Convenient access is provided to Highway 11 and I-59, with the property also described as about 10 miles from Downtown Birmingham.

Key Highlights

  • Retail pad site on a hard‑corner at the signalized intersection of Red Lane Road and Roebuck Parkway
  • Former bank building with existing drive‑thru lanes
  • Ideal for QSR, coffee, financial, or medical use

Property Analytics

Current Use

BB&T ATM Atm Truist - ATM Atm BB&T Insurance Services Insurance Agency

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Restaurant Building Supply Law Firm Storage Facility

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

60,500 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 35215, AL

46,772
Population
19,718
Households
2.4
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
28.3 sq mi
ZIP Area
1,653
Density / Sq Mi
$51,854
Median Household Income
$32,323
Median Earnings
$1,080
Median Rent
$146,900
Median Home Value

Market

Vacancy Rate% for Retail in Birmingham, AL

8.1% 2019
7.3% 2020
6.4% 2021
5.9% 2022
5% 2023
6% 2024
6.1% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Former bank building on a hard-corner retail pad with existing drive-thru lanes at a signalized intersection.
Where is this bank located?
The property is located at 629 Red Lane Road Birmingham, AL.
What is the lease rate?
The lease rate is $750,000.
What are key features of this property?
This property features: Retail pad site on a hard‑corner at the signalized intersection of Red Lane Road and Roebuck Parkway; Former bank building with existing drive‑thru lanes; Ideal for QSR, coffee, financial, or medical use
More about this property
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