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Freestanding Former Bank Branch Sublease
For Lease
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5576 Grove Blvd, Hoover, AL 35226

Freestanding former bank branch available for sublease in Hoover.

Space Size4,500 SF
Days on Market986

Property Features for 5576 Grove Blvd

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 20
Property subtype Office, Retail
Lease Type NNN

Building Details

Building Size 4,500 SF
Tenancy Multiple

Spaces For Lease

at 5576 Grove Blvd Contact us

Available Space

Size
4,500 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Graham & Company Birmingham
Listed By: Sam Carroll · License #AL 000071878
Source: Crexi
Added: Dec 22, 2023 Changed: Aug 19 Last Checked: Aug 31 at 11:58PM

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 Graham & Company Birmingham

Investment Insights

Based on property information with market context.

This freestanding former bank branch is available for sublease. The property is situated within the Hoover submarket, the largest in the Birmingham MSA. Hoover's economy is diverse, offering opportunities in healthcare, finance, and retail sectors. The Riverchase Galleria, a major shopping center in the Southeast, is located in Hoover.

Key Highlights

  • Freestanding former bank branch suitable for sublease.
  • Located in the Hoover Submarket, the largest in the Birmingham MSA.
  • Hoover's diverse economy offers opportunities in healthcare, finance, and retail.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Electrical Service Storage Facility Kitchen & Bath Showroom

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

Demographics for 35226, AL

38,471
Population
14,904
Households
2.6
Avg Household Size
39
Median Age
69%
College-Educated
97%
High-School Grad
17.7 sq mi
ZIP Area
2,174
Density / Sq Mi
$126,053
Median Household Income
$65,454
Median Earnings
$1,467
Median Rent
$387,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding former bank branch available for sublease in Hoover.
Where is this office building located?
The property is located at 5576 Grove Blvd Hoover, AL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Freestanding former bank branch suitable for sublease.; Located in the Hoover Submarket, the largest in the Birmingham MSA.; Hoover's diverse economy offers opportunities in healthcare, finance, and retail.
(205) 380-1077 Call to check price and availability
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