Class A Office
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 Market195
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
1,500- 149,131
$19.95/SF/Yr
Size
1,500 SF
Term
Negotiable
Listing Agency:
NAI Chase Commercial | Birmingham
Listed By:
Randy Thomas · License #000053820
(205) 229-5417
Source:
Chasecommercial
Added: Apr 8
Changed: Oct 8
Last Checked: Oct 16 at 6:36AM
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
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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
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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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Market
Lease Benchmarks for Birmingham, AL
$21.2 /SF/Yr
Avg Asking Price
$10–$34 /SF/Yr
Price Range
48,966 SF
Avg Space Size
This space is priced 6% below the average of $21.2 /SF/Yr.
Vacancy Rate% for Office in Birmingham, AL
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.
