1705-1735 Us Hwy Birmingham, AL 35216
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.