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    1459 Montgomery Hwy Vestavia Hills, AL 35216

    For Lease
    $42 SF/Yr

    Prime Vestavia Hills retail opportunity.

    Lot size:
    12,433 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional new retail development, located at 1459 Montgomery Highway in Vestavia Hills, Alabama (zip code 35216), offers 12,433 square feet of space across three single-story buildings. Currently, 5,183 square feet are available for lease, divisible into four units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,183 square feet. The property boasts a highly desirable location within Vestavia's thriving commercial corridor on Highway 31. The development features two established anchor tenants, Big Bad Breakfast and Waldo's Chicken & Beer, both with attractive outdoor patios, creating a vibrant and appealing atmosphere. Construction is slated for completion in Fall 2024, with restaurant openings projected for the first quarter of 2025. This presents a unique chance to secure space in a brand-new development alongside successful, established businesses. The property's multiple suite configuration provides flexibility for various retail or restaurant concepts. This is an ideal location for businesses seeking high visibility and access to a strong customer base in a rapidly growing area. The total number of suites in the development is four.

    Property Features for 1459 Montgomery Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,433 SF
    Total Rate
    43515.5

    Building Details

    Year Built
    2024
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,100 SF
    Rate per SF
    $42
    Space
    Available Space 2
    Size
    5,100 SF
    Rate per SF
    $42
    Space
    Available Space 3
    Size
    5,100 SF
    Rate per SF
    $42
    Space
    Available Space 4
    Size
    5,100 SF
    Rate per SF
    $42

    HighLights

    • 12,433 SF retail space in three single‑story buildings in Vestavia Hills, AL (35216).
    • 5,183 SF available for lease, divisible into four units (1,200 SF minimum).
    • High‑visibility location on Highway 31 in Vestavia's thriving commercial corridor.
    • Anchored by Big Bad Breakfast and Waldo's Chicken & Beer, both with outdoor patios.
    • Completion slated for Fall 2024, with restaurant openings projected for Q1 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Angeles & Santana's Pine ... Landscaper Angeles & Santana's Pinstraw Gardener

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia Hills
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.801789117196
    Latitude
    33.418219364704

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    FAQs

    What type of property is this?
    Restaurant - Prime Vestavia Hills retail opportunity.
    Where is this restaurant located?
    The property is located at 1459 Montgomery Hwy Vestavia Hills, AL.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: 12,433 SF retail space in three single-story buildings in Vestavia Hills, AL (35216).; 5,183 SF available for lease, divisible into four units (1,200 SF minimum).; High-visibility location on Highway 31 in Vestavia's thriving commercial corridor.
    Request Owner's contact information
    1459 Montgomery Hwy Vestavia Hills, AL 35216
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    Vestavia Hills, AL 35216
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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
    1459 Montgomery Hwy Vestavia Hills, AL 35216
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