Class A Office Space
For Lease
$19.95 SF/Yr
40 Inverness Center Drive, Birmingham, AL 35242
Class A office building in Inverness Center, Birmingham.
Space Size1,000 SF
Property Size148,877 SF
Days on Market163
Property Features for 40 Inverness Center Drive
General Information
Standard status
Active
Size
1,000 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
148,877 SF
Year Built
1985
Spaces For Lease
at 40 Inverness Center Drive Contact us- Size
- 1,000 SF
- Type
- Office Building
- Term
- Negotiable
1,000 - 22,500 SF (Full Floor) $19.95/SF/Yr
Listing Agency:
NAI Chase Commercial | Birmingham
Listed By:
Randy Thomas · License #000053820
(205) 229-5417
Source:
Chasecommercial
Added: Apr 1
Changed: Aug 26
Last Checked: Sep 10 at 7:16AM
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 NAI Chase Commercial | Birmingham
Investment Insights
Based on property information with market context.
Located at 40 Inverness Center North, this Class A midrise office building offers 148,877 square feet of space within the Inverness Center Master Planned Urban Development in Birmingham. Situated in the heart of the I-459 and US Hwy. 280 market, this property is a recognized landmark. Suites are available from 1,000 square feet to a full floor of 22,500 square feet. The property features a newly renovated build-to-suit option. A pull-up driveway is available for tenant or patient drop-off and pick-up. It is suitable for both office and medical users. The building includes a full gym and wellness center. Surface parking is available with a parking ratio of 3.5 per 1,000 square feet. The location is convenient to shopping and restaurants in the Highway 280 Corridor.
Key Highlights
- Highly coveted location in the heart of the I‑459 & US Hwy. 280 market in Birmingham.
- Newly renovated, build‑to‑suit suites available from 1,000 SF - 22,500 SF (Full Floor).
- Class A office building in an award‑winning suburban office park.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.99 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
Explore this area
Business Placement
Demographics for 35242, AL
57,008
Population
25,247
Households
2.3
Avg Household Size
42
Median Age
65%
College-Educated
97%
High-School Grad
52.4 sq mi
ZIP Area
1,088
Density / Sq Mi
$116,053
Median Household Income
$59,731
Median Earnings
$1,430
Median Rent
$452,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Birmingham, AL
$21.4 /SF/Yr
Avg Asking Price
$10–$34 /SF/Yr
Price Range
52,252 SF
Avg Space Size
This space is priced 7% below the average of $21.4 /SF/Yr.
Vacancy Rate% for Office in Birmingham, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office building in Inverness Center, Birmingham.
Where is this office building located?
The property is located at 40 Inverness Center Drive Birmingham, AL.
What is the lease rate?
The lease rate is $19.95 SF/Yr.
What are key features of this property?
This property features: Highly coveted location in the heart of the I‑459 & US Hwy. 280 market in Birmingham.; Newly renovated, build‑to‑suit suites available from 1,000 SF - 22,500 SF (Full Floor).; Class A office building in an award‑winning suburban office park.
