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Property profile & analytics
FOR LEASE
Office Spaces

1 Chase Corporate Dr Hoover, AL 35244

49,481 SF 14 ac lot Built 1985
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-1026679
Property summary
AI-generated overview

This prestigious Class A office property, the Chase Corporate Center, offers a variety of move-in-ready suites ranging from 1,710 to 21,635 contiguous square feet within its 211,341 total square feet. Currently, 35,671 square feet is available for lease. The two buildings, constructed in 1985, boast four stories each and provide ample parking with 660 spaces. Elevators are available for convenient access to all floors. Situated on 14.4 acres of exquisitely landscaped grounds overlooking a scenic lake, this LEED Silver Certified property enjoys a prime location in Hoover, Alabama (zip code 35244), at 1 Chase Corporate Drive. The convenient location offers easy access to a wealth of amenities, including upscale golf courses, restaurants, retail centers, hotels, and medical facilities. The property is zoned by the City of Hoover, which notably does not impose an occupational tax. The minimum divisible space is 1,710 square feet. This exceptional property presents a unique opportunity for businesses seeking a high-quality, amenity-rich office environment in a desirable location.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1985
Total area 49,481 SF
Lot 14 ac (609,840 SF)
Zoning code POPC
APN 39-00-24-1-000-001.011
UPID US03-1026679
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hc Birmingham Office LLC · 3 yrs held
Hc Birmingham Office LLC
since 2023
Last sale
$26.5M
1 recorded transaction
2023
$26.5M
Zoning & alternative use
POPC · Hoover, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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