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Class A Office Building
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Inverness Center Dr, Birmingham, AL 35242

148,877 SF Class A office in Birmingham's Inverness Center.

Space Size148,877 SF
Days on Market1364

Property Features for Inverness Center Dr

General Information

Standard status Active
Size 148,877 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 148,877 SF
Year Built 1985
Tenancy Single

Spaces For Lease

at Inverness Center Dr Contact us

Available Space

Size
148,877 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: NAI Chase Commercial RE Services, Inc.
Listed By: Randy Thomas · License #AL 000053820
Source: Crexi
Added: Nov 14, 2022 Changed: Aug 8 Last Checked: Aug 9 at 11:56AM

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 NAI Chase Commercial RE Services, Inc.

Investment Insights

Based on property information with market context.

Located in Birmingham, Alabama, 40 Inverness Center North is a 148,877 square foot Class A midrise office building situated within the Inverness Center Master Planned Urban Development. This property is a recognized landmark in Hoover, positioned in the heart of the I-459 and US Hwy. 280 market. The location offers a natural setting with views of Memorial Lake, outdoor seating, and walking trails. The surrounding area is amenity-rich, featuring retail, service retail, banking, day-care, and restaurants. It is a thriving business location with well-known regional companies.

Key Highlights

  • Class A office building in a highly desirable location at Inverness Center.
  • Part of an award‑winning master‑planned urban development.
  • Convenient access to I‑459 and US Hwy. 280.

Property Analytics

Current Use

Double Oak Mountain ... Dental Office Crew Lending Loan Service Inverness Family Dentistry ... Dental Office Brewer D Matson ... Dental Office Dr. Chris D. ... Dental Office

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store HVAC Service

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
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

906
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 8% 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
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Frequently Asked Questions

What type of property is this?
Office building - 148,877 SF Class A office in Birmingham's Inverness Center.
Where is this office building located?
The property is located at Inverness Center Dr Birmingham, AL.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Class A office building in a highly desirable location at Inverness Center.; Part of an award‑winning master‑planned urban development.; Convenient access to I‑459 and US Hwy. 280.
(205) 229-5417 Call to check price and availability
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