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Riverchase Shopping Center Near Galleria
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1855 Montgomery Hwy, Birmingham, AL 35244

197,840 sq ft shopping center near I-65 and I-459.

Space Size1,500 SF - 3,600 SF
Property Size197,840 SF
Days on Market758

Property Features for 1855 Montgomery Hwy

General Information

Standard status Active
Size 1,500 SF - 3,600 SF
Total Parking Spaces 850
Property subtype Retail

Building Details

Building Size 197,840 SF
Year Built 1989
Tenancy Multiple

Spaces For Lease

at 1855 Montgomery Hwy Contact us

Space 11

Size
1,500 SF
Type
Retail
Availability
Active
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Space 12

Size
1,500 SF
Type
Retail
Availability
Active
Contact us

Space 16-17

Size
3,600 SF
Type
Retail
Availability
Active
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Space 18

Size
2,000 SF
Type
Retail
Availability
Active
Contact us

Space 19

Size
2,500 SF
Type
Retail
Availability
Active
Contact us

Space 985B

Size
3,000 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Hendon Properties
Listed By: Evan Staley · License #GA
Source: Crexi
Added: Aug 7, 2024 Changed: Aug 31 Last Checked: Sep 3 at 10:34AM

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 Hendon Properties

Investment Insights

Based on property information with market context.

Plaza at Riverchase is a 197,840 sq. ft. shopping center located near I-65 and I-459, approximately one mile from The Galleria. The shopping center caters to the residents in and around the Birmingham MSA. Anchored by Hobby Lobby and Planet Fitness, the tenant base includes health and wellness services, grocery, and restaurants. The property is located on a high traffic corridor in a densely-populated area. The area is growing and affluent, with above-average education, per-capita income, and average household income. Median household incomes have grown by 51% since 2000. Hobby Lobby has been a tenant at the property for over 20 years.

Key Highlights

  • Anchored by top national tenants Hobby Lobby and Planet Fitness.
  • Located in a densely‑populated, growing, affluent area with high traffic.
  • Above national average in education, per‑capita income, and average household income.

Property Analytics

Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store crazycazboys Discount Store BIDDING KINGS Trade Show Venue

Suggested Use

Top Pick Grocery & Convenience Store Veterinary Clinic Garden Center Florist Storage Facility Electrical 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

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35244, AL

37,448
Population
15,189
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,567
Density / Sq Mi
$114,172
Median Household Income
$61,660
Median Earnings
$1,413
Median Rent
$390,900
Median Home Value

Market

Lease Benchmarks for Birmingham, AL

$18.21 /SF/Yr
Avg Asking Price
$8–$27 /SF/Yr
Price Range
39,973 SF
Avg Space Size

Vacancy Rate% for Retail in Birmingham, AL

8.1% 2019
7.3% 2020
6.4% 2021
5.9% 2022
5% 2023
6% 2024
6.1% 2025
Rey
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Similar Off Market Nearby

  • The Plaza At Riverchase Montgomery Hwy, Hoover, AL 35244
  • Galleries At Riverchase 3075 John Hawkins Pkwy, Hoover, AL 35244
  • Riverchase Village 3780 Riverchase Village, Hoover, AL 35244
  • Sunglass Hut 2000 Galleria Cir, Hoover, AL 35244
  • ecoATM 3000 Galleria Cir, Birmingham, AL 35244

Frequently Asked Questions

What type of property is this?
Shopping center - 197,840 sq ft shopping center near I-65 and I-459.
Where is this shopping center located?
The property is located at 1855 Montgomery Hwy Birmingham, AL.
What are key features of this property?
This property features: Anchored by top national tenants Hobby Lobby and Planet Fitness.; Located in a densely‑populated, growing, affluent area with high traffic.; Above national average in education, per‑capita income, and average household income.
(404) 262-7400 Call to check price and availability
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