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    873 Dennison Ave Birmingham, AL 35211

    For Lease
    $8 SF/Yr

    Hoover, AL: Prime Retail Opportunity

    Lot size:
    85,344 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Heritage Towne Centre, located at 873 Dennison Ave SW in Birmingham, Alabama (zip code 35211), presents a compelling retail investment opportunity. This Class B neighborhood/strip center, built in 1991 and renovated in 1995, boasts a total of 85,344 square feet across 19 suites. The property sits on 11.8 acres of land and offers ample parking with 429 spaces. Currently, there are 48,736 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 45,136 square feet. The center enjoys a convenient location, just seconds from I-65 and downtown Birmingham, with excellent visibility and accessibility. Recent upgrades include improved lighting and building facades. The existing tenant mix features a blend of national retailers and thriving local businesses, creating a strong and diverse commercial environment. The property's single-story design and convenient access make it an ideal location for a variety of retail uses. Cross street access is provided via Heritage Parkway. This property is situated in the Hoover submarket of Birmingham.

    Property Features for 873 Dennison Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,344 SF
    Class
    B
    Total Rate
    56896

    Building Details

    Year Built/Renovated
    1991/1995
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 4 Suite 129
    Size
    20,292 SF
    Rate per SF
    $18
    Space
    Available Space 2 Suite 121
    Size
    1,200 SF
    Rate per SF
    $18
    Space
    Available Space 3 Suite 111
    Size
    1,200 SF
    Rate per SF
    $18

    HighLights

    • Modernized lighting and building facades.
    • Abundant on‑site parking.
    • Strong tenant mix of national and local businesses.
    • High visibility and significant traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cahaba Medical Care ... Doctor Top Fashion Men'S Clothing Store Hong Kong City Chinese Restaurant Cadence Bank Bank Connect Wireless Center Cell Phone Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.841696290278
    Latitude
    33.480095688667

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    FAQs

    What type of property is this?
    Retail property - Hoover, AL: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 873 Dennison Ave Birmingham, AL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Modernized lighting and building facades.; Abundant on-site parking.; Strong tenant mix of national and local businesses.
    Request Owner's contact information
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    Birmingham, AL 35211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    873 Dennison Ave Birmingham, AL 35211
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