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Class A Office Building
For Lease
$19.95 SF/Yr

42 Inverness Center Drive, Birmingham, AL 35242

Class A office building in Inverness Center, Birmingham.

Space Size1,500 SF
Property Size149,131 SF
Days on Market150

Property Features for 42 Inverness Center Drive

General Information

Standard status Active
Size 1,500 SF
Class A
Property subtype Office
Lease Term MG

Building Details

Building Size 149,131 SF
Year Built 1985

Spaces For Lease

at 42 Inverness Center Drive Contact us

1,500- 149,131 $19.95/SF/Yr

Size
1,500 SF
Term
Negotiable
Contact us
Listing Agency: NAI Chase Commercial | Birmingham
Listed By: Randy Thomas · License #000053820
Source: Chasecommercial
Added: Apr 8 Changed: Aug 22 Last Checked: Sep 2 at 1:59PM

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 42 Inverness Center North, this Class A midrise office building offers 149,131 square feet of space. It is situated in the Inverness Center Master Planned Urban Development (PUD), a recognized landmark in Hoover, at the heart of the I-459 and US Hwy. 280 market in Birmingham. The location provides convenient access to shopping and restaurants. The property is less than 20 minutes from Downtown, the Airport, and Hoover City Hall. Surface parking is available with a parking ratio of 3.43 per 1,000 square feet. The building is currently under renovation, with available spaces ranging from 1,500 to 149,131 square feet.

Key Highlights

  • Highly coveted location in the Highway 280 Corridor.
  • Located in the Inverness Center Master Planned Urban Development.
  • Class A midrise office building with 149,131 SF available.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store HVAC Service

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
$2.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,155
Businesses Nearby

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

Market

Lease Benchmarks for Birmingham, AL

$21.46 /SF/Yr
Avg Asking Price
$10–$34 /SF/Yr
Price Range
57,068 SF
Avg Space Size

This space is priced 7% below the average of $21.46 /SF/Yr.

Vacancy Rate% for Office in Birmingham, AL

16.6% 2019
16.9% 2020
18% 2021
19.6% 2022
19% 2023
20.2% 2024
19.8% 2025
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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 42 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 Highway 280 Corridor.; Located in the Inverness Center Master Planned Urban Development.; Class A midrise office building with 149,131 SF available.
More about this property
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