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    1705-1735 Us Hwy Birmingham, AL 35216

    For Lease
    Contact for pricing

    High-traffic retail space available now.

    Lot size:
    164,003 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Riverchase Promenade, a ±164,003 square foot power center in Hoover, Alabama, offers a prime retail opportunity. Strategically located at the intersection of I-459 and US Highway 31, this center benefits from exceptional visibility and accessibility. The property boasts a strong tenant mix of established national brands, ensuring consistent foot traffic and a vibrant shopping environment. Currently, 7,887 square feet of retail space is available, including Suite 1713C1, a 5,382 square foot standard retail space ideal for a variety of uses. Situated on 12.55 acres in Jefferson County, Riverchase Promenade ranks as the fourth most visited shopping center within a 15-mile radius, attracting over 1.6 million annual visitors according to Placer.AI data. This high-traffic location provides unparalleled exposure and a proven track record of success for its tenants. The available space presents a unique chance to establish a presence in a thriving retail hub with a strong anchor tenant lineup and significant consumer traffic. This is an exceptional opportunity for businesses seeking a high-visibility location in a densely populated area with excellent access to major transportation arteries.

    Property Features for 1705-1735 Us Hwy

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    164,003 SF

    Unit(s) available at that property

    Space
    Suite 1713C1
    Size
    5,383 SF

    HighLights

    • 164,003 SF power center in Jefferson County, Alabama.
    • Corner location at I‑459 and US Highway 31 interchange in Hoover, AL.
    • High‑traffic location; ranks #4 out of 64 shopping centers within a 15‑mile radius, attracting over 1.6 million annual visitors.
    • 5,382 SF of standard retail space currently available (Suite 1713C1).
    Property Profile Location Intelligence

    Current Use by Public Records

    Power centers

    Map

    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.805491958376
    Latitude
    33.382528490734

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    FAQs

    What type of property is this?
    Power center - High-traffic retail space available now.
    Where is this power center located?
    The property is located at 1705-1735 Us Hwy Birmingham, AL.
    What are key features of this property?
    This property features: 164,003 SF power center in Jefferson County, Alabama.; Corner location at I-459 and US Highway 31 interchange in Hoover, AL.; High-traffic location; ranks #4 out of 64 shopping centers within a 15-mile radius, attracting over 1.6 million annual visitors.
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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
    1705-1735 Us Hwy Birmingham, AL 35216
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