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    700 Montgomery Hwy Vestavia Hills, AL 35216

    For Lease
    Contact for pricing

    Prime Retail Space, Vestavia Hills, AL

    Lot size:
    391,899 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, Vestavia Hills City Center, offers 391,899 square feet of commercial space in a thriving Jefferson County location. Built in 1954 and renovated in 2003, the center boasts seven suites, with 24,581 square feet currently vacant, divisible into units ranging from 920 to 5,000 contiguous square feet. The property sits on 18.4 acres and includes 1,471 parking spaces, ensuring ample customer convenience. Strategically located at 700 Montgomery Highway in Vestavia Hills, AL 35216, this center enjoys high visibility and accessibility, benefiting from over 32,000 vehicles per day passing by. Strong anchor tenants such as Publix, AMC Theatres, Shoe Station, Dollar Tree, and Planet Fitness, along with prominent outparcel tenants including AT&T, Starbucks, and Hand & Stone, create a robust and diverse tenant mix. This presents a unique opportunity for businesses seeking a high-traffic location within a well-established and successful retail center. The property's prime location near Birmingham, Alabama's largest city, further enhances its appeal and potential for growth.

    Property Features for 700 Montgomery Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    391,899 SF

    Building Details

    Year Built/Renovated
    1954/2003

    Unit(s) available at that property

    Space
    Suite A15
    Size
    4,189 SF
    Space
    Suite C01
    Size
    3,750 SF
    Space
    Suite MB02B
    Size
    920 SF
    Space
    Suite ME01
    Size
    5,000 SF
    Space
    Suite MB06
    Size
    4,268 SF
    Space
    Suite P11
    Size
    1,812 SF
    Space
    Suite MB01
    Size
    4,642 SF

    HighLights

    • 391,899 SF retail space available for lease.
    • Jefferson County location.
    • Retail property type.
    • 18.4 acres of land.
    • 1,471 parking spaces.
    • Built in 1954, renovated in 2003.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunan Express Chinese Restaurant American Esoteric Laboratories Medical Laboratory Joshua Cornutt, Movement ... Mortgage Lender Blake Bailey, Movement ... Mortgage Lender Will Manly, Movement ... Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vestavia Hills
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.7925398
    Latitude
    33.4469239

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Vestavia Hills, AL
    Where is this retail property located?
    The property is located at 700 Montgomery Hwy Vestavia Hills, AL.
    What are key features of this property?
    This property features: 391,899 SF retail space available for lease.; Jefferson County location.; Retail property type.
    Request Owner's contact information
    700 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
    700 Montgomery Hwy Vestavia Hills, AL 35216
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