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Renovated Office Space with Amenities
For Lease
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500 Corporate Pkwy, Birmingham, AL 35242

Office space with recent renovations, fitness center, and ample parking.

Space Size1,232 SF - 9,875 SF
Property Size135,427 SF
Days on Market1626

Property Features for 500 Corporate Pkwy

General Information

Standard status Active
Size 1,232 SF - 9,875 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 135,427 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 500 Corporate Pkwy Contact us

1st Floor (Sublease)

Size
6,254 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

1st Floor

Size
1,232 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

3rd Floor

Size
9,875 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

G-75

Size
4,211 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Colliers - Birmingham, Alabama
Listed By: John Hennessy · License #AL 000087741-0
Source: Crexi
Added: Feb 25, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:27AM

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 Colliers - Birmingham, Alabama

Investment Insights

Based on property information with market context.

This office space, located in the City of Hoover, benefits from recently completed lobby renovations that provide an innovative atmosphere. Anchor tenant signage is available, fronting heavily trafficked Highway 280. The property offers abundant parking, with 4.7 spaces per 1,000 SF. Commuting is seamless to and from the Meadow Brook, Inverness, Greystone, and Highland Lakes communities. The location is convenient to golf clubs, restaurants, retail centers, hotels, and medical facilities. Lobby enhancements include a new lounge seating area with free WiFi, a multi-purpose training room free of charge, and a new fitness facility featuring Peloton bikes, with lockers and showers. A 24/7 Micro-Market is also available.

Key Highlights

  • Recently renovated lobby with lounge seating, free WiFi, training room, fitness facility including Peloton bikes, lockers, showers, and 24/7 Micro‑Market.
  • Abundant parking with 4.7 spaces per 1,000 SF.
  • Anchor tenant signage available fronting heavily trafficked Highway 280.

Property Analytics

Current Use

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

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Electrical Service Grocery & Convenience Store Big Box & Wholesale Store

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
$2.89 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

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

Market

Lease Benchmarks for Birmingham, AL

$21.19 /SF/Yr
Avg Asking Price
$10–$34 /SF/Yr
Price Range
37,884 SF
Avg Space Size

This space is priced 9% below the average of $21.19 /SF/Yr.

Vacancy Rate% for Office in Birmingham, AL

16.6% 2019
16.9% 2020
18% 2021
19.6% 2022
19% 2023
20.2% 2024
19.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office space with recent renovations, fitness center, and ample parking.
Where is this office building located?
The property is located at 500 Corporate Pkwy Birmingham, AL.
What is the lease rate?
The lease rate is $19.25 SF/Yr.
What are key features of this property?
This property features: Recently renovated lobby with lounge seating, free WiFi, training room, fitness facility including Peloton bikes, lockers, showers, and 24/7 Micro‑Market.; Abundant parking with 4.7 spaces per 1,000 SF.; Anchor tenant signage available fronting heavily trafficked Highway 280.
(205) 949-5982 Call to check price and availability
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