Multi-Suite Shopping
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1855 Montgomery Highway, Birmingham, AL 35244
Established retail center with nationally recognized brands, strong occupancy, and access to a high-volume commercial corridor.
Property Size197,840 SF
Days on Market5
Property Features for 1855 Montgomery Highway
General Information
Standard status
Active
Size
197,840 SF
Property subtype
Retail
Occupancy
92%
Net Operating Income
$1,800,000
Site & Location
Pylon Signage
Yes
Traffic Count
33,213 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
JLL - Atlanta, Georgia
Listed By:
Jim Hamilton · License #GA 270038
(404) 942-2212
Source:
Crexi
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 19 at 6:57AM
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 JLL - Atlanta, Georgia
Investment Insights
Based on property information with market context.
This shopping center contains 197,840 square feet and is currently 92% occupied. Six suites totaling 14,100 square feet are identified for lease-up, while tenant commitments carry a weighted average tenure of approximately 11 years. The property also includes a new pylon sign intended to improve tenant visibility.
Located at 1855 Montgomery Highway in Birmingham, the center sits near Riverchase Galleria and benefits from reported traffic counts of 33,213 VPD. The surrounding retail node records 22.4 million annual visits, and the property is positioned near major thoroughfares. Nationally recognized brands occupy space within the center, supporting a diverse retail environment.
The offering includes projected NOI growth at a 5.80% CAGR over five years, along with opportunities tied to leasing the identified vacant suites and increasing rents.
Located at 1855 Montgomery Highway in Birmingham, the center sits near Riverchase Galleria and benefits from reported traffic counts of 33,213 VPD. The surrounding retail node records 22.4 million annual visits, and the property is positioned near major thoroughfares. Nationally recognized brands occupy space within the center, supporting a diverse retail environment.
The offering includes projected NOI growth at a 5.80% CAGR over five years, along with opportunities tied to leasing the identified vacant suites and increasing rents.
Key Highlights
- 197,840‑SF shopping center at 1855 Montgomery Highway in Birmingham
- 92% occupancy with six suites totaling 14,100 SF identified for lease‑up
- Weighted average tenant tenure of approximately 11 years
Property Analytics
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Current Use
Lease Details
33,213 VPD
Traffic count
92%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35244, AL
37,448
Population
15,189
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,567
Density / Sq Mi
$114,172
Median Household Income
$61,660
Median Earnings
$1,413
Median Rent
$390,900
Median Home Value
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Market
Vacancy Rate% for Retail in Birmingham, AL
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Similar Off Market Nearby
- The Plaza At Riverchase — Montgomery Hwy, Hoover, AL 35244
- Galleries At Riverchase — 3075 John Hawkins Pkwy, Hoover, AL 35244
- Riverchase Village — 3780 Riverchase Village, Hoover, AL 35244
- Sunglass Hut — 2000 Galleria Cir, Hoover, AL 35244
- ecoATM — 3000 Galleria Cir, Birmingham, AL 35244
Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with nationally recognized brands, strong occupancy, and access to a high-volume commercial corridor.
Where is this shopping center located?
The property is located at 1855 Montgomery Highway Birmingham, AL.
What are key features of this property?
This property features: 197,840‑SF shopping center at 1855 Montgomery Highway in Birmingham; 92% occupancy with six suites totaling 14,100 SF identified for lease‑up; Weighted average tenant tenure of approximately 11 years
