Stabilized Office Portfolio in
500 Corporate Pkwy, Birmingham, AL 35242
Two-building office portfolio along Hwy-280 corridor, 93% leased.
Type:Office
Property size:
265,032 SF- Added:
- Feb 12, 2026
- Days on Market:
- 89
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 500 Corporate Pkwy
General Information
- Standard status
- Active
- Size
- 265,032 SF
- Property subtype
- Office
Building Details
- Year Built
- 1987
Listing agent Richard Reid License #313257
Listing office JLL - Atlanta, Georgia
Listing date Feb 12, 2026
Source Crexi
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
HighLights
- Stabilized office portfolio with 93% occupancy and strong leasing performance.
- Top‑of‑market rents and outperformance compared to corridor peers.
- Extensive renovations completed in 2017, modernizing the properties.
- Significant leasing velocity with over 260,000 SF of leases signed in the last 5 years.
- Opportunity to increase rents due to short deal terms and market demand.
- Attractive cash returns due to rent increases and stable operating expenses.
Overview
The offering features a stabilized two-building office portfolio located along the Hwy-280 corridor in Birmingham, Alabama. The properties, with a total area of 265,032 square feet, are 93% leased. Constructed in 1987 and 1988, the properties underwent extensive renovations after acquisition in 2017, including elevator modernizations and tenant experience upgrades. These renovations have positioned the properties as a top-tier product within the corridor. Over the past 5 years, more than 260,000 square feet of leases have been signed, reflecting significant demand. The location provides easy access and a healthy suburban amenity base. The area is experiencing growth along the I-280 corridor, further enhancing the location's appeal. The property offers an investment opportunity to acquire stable suburban office buildings with attractive annual cash returns and value creation potential due to proven leasing momentum in a growing secondary market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Forte Inc
(Bike/Boat/Book/etc) Store
OpConnect Charging Station
Electric Vehicle Charging Station
Civitan International
Charitable Organization
Cahaba GBA LLC
Professional Services
Alahealth
Home Health Care Service
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.6850783
- Latitude
- 33.4164095
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-building office portfolio along Hwy-280 corridor, 93% leased.
Where is this office building located?
The property is located at 500 Corporate Pkwy Birmingham, AL.
What are key features of this property?
This property features: Stabilized office portfolio with 93% occupancy and strong leasing performance.; Top‑of‑market rents and outperformance compared to corridor peers.; Extensive renovations completed in 2017, modernizing the properties.
