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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

873 Dennison Ave Birmingham, AL 35211

85,344 SF 11.8 ac lot Built 1991
Property ID
Property summary
AI-generated overview

Heritage Towne Centre, located at 873 Dennison Ave SW in Birmingham, Alabama (zip code 35211), presents a compelling retail investment opportunity. This Class B neighborhood/strip center, built in 1991 and renovated in 1995, boasts a total of 85,344 square feet across 19 suites. The property sits on 11.8 acres of land and offers ample parking with 429 spaces. Currently, there are 48,736 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 45,136 square feet. The center enjoys a convenient location, just seconds from I-65 and downtown Birmingham, with excellent visibility and accessibility. Recent upgrades include improved lighting and building facades. The existing tenant mix features a blend of national retailers and thriving local businesses, creating a strong and diverse commercial environment. The property's single-story design and convenient access make it an ideal location for a variety of retail uses. Cross street access is provided via Heritage Parkway. This property is situated in the Hoover submarket of Birmingham.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1991
Total area 85,344 SF
Lot 11.8 ac (514,008 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cahaba Medical Care - Woodland Park Physician
  • Top Fashion Clothing & Fashion Store
  • Hong Kong City Restaurant
  • Cadence Bank Bank Loan Service
  • Connect Wireless Center Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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