Hoover, AL Commercial Real Estate for Lease and Sale

Explore 64 listings of Hoover commercial real estate for lease and for sale to find the best space for your business.

The Market at Stadium Trace

1005 Marble Terrace, Trace Crossings, Hoover, AL
Property

Retail

4,617 SF
Availability

1 Space

4,617 SF
For Lease Contact for pricing
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22 Inverness Center

22 Inverness Center Pkwy, Inverness Cove, Birmingham, AL
Property

Office

131,562 SF
Availability

1 Space

22,043 SF
Year Built

1983
For Lease

$22.50/SF/YR
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Lorna Plaza

3081 Lorna Road , Chapel Hill, Hoover, AL
Property

Retail

17,955 SF
Availability

3 Spaces

3,727 SF
For Lease

$14.00/SF/YR
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Hoover Business Park

3544 Lorna Ridge Drive, Lynngate - Tal Heim, Hoover, AL
Property

Office

40,365 SF
Availability

1 Space

3,240 SF
For Lease

$10.25/SF/YR
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For Lease - Freestanding former bank building with four drive through lanes.

5576 Grove Blvd, Lake Crest, Hoover, AL
Property

Office

4,500 SF
Availability

1 Space

4,500 SF
Year Built

2009
For Lease

$34.00/SF/YR
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Shoppes at Hwy. 150 (Next to Sprouts)

5190 Medford Dr, Lake Crest, Hoover, AL
Property

Retail

10,233 SF
Availability

2 Spaces

2,280 SF
Year Built

2019
For Lease

$29.50/SF/YR
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40 Inverness Center North

40 Inverness Center Drive, Inverness Cove, Birmingham, AL
Property

Office

148,877 SF
Availability

1 Space

1,000 SF
Year Built

1985
For Lease

$19.50/SF/YR
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2189 Parkway Lake Drive

2189 Parkway Lake Drive, Gables - Sterling Oaks, Hoover, AL
Property

Office

12,393 SF
Year Built

1988
For Sale

$1,650,000
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Woods Point

1855 Data Drive, River Oaks - Savannah Ridge, Hoover, AL
Property

Office

96,601 SF
Availability

1 Space

3,284 SF
Year Built

1989
For Lease

$21.00/SF/YR
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3430 Lorna Lane

3430 Lorna Lane, Lynngate - Tal Heim, Hoover, AL
Property

Industrial

5,000 SF
Availability

1 Space

5,000 SF
For Lease

$10.50/SF/YR
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Lake Crest Plaza

2341 John Hawkins Parkway, Lake Crest, Hoover, AL
Property

Retail

22,072 SF
Availability

2 Spaces

3,320 SF
Year Built

2004
For Lease

$22.00 - $24.00/SF/YR
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Free standing Office-Medical use building Hwy-280 market

252 Inverness Center Dr, Inverness Cove, Birmingham, AL
Property

Office

4,324 SF
Availability

1 Space

4,614 SF
Year Built

2008
For Lease

$24.50/SF/YR
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31 Inverness Center

31 Inverness Center Pkwy, Inverness Cove, Birmingham, AL
Property

Office

97,303 SF
Availability

1 Space

15,872 SF
Year Built

1980
For Lease

$23.50/SF/YR
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Key Place

1633 Montgomery Highway, Chapel Hill, Vestavia Hills, AL
Property

Office

5,000 SF
Availability

3 Spaces

3,356 SF
For Lease

$14.00/SF/YR
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1680 Montgomery Highway

1680 Montgomery Highway, Shadesville - Warren Estates, Hoover, AL
Property

Retail

8,614 SF
Availability

1 Space

7,750 SF
For Lease

$20.00/SF/YR
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Inverness Village at Valleydale

5291 Valleydale Rd, Inverness Cove, Birmingham, AL
Property

Retail

26,895 SF
Availability

5 Spaces

6,511 SF
For Lease

$20.00/SF/YR
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2108 Rocky Ridge Road

2108 Rocky Ridge Road, Chapel Hill, Birmingham, AL
Property

Office

4,864 SF
Availability

2 Spaces

1,639 SF
For Lease

$17.00/SF/YR
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Valleydale Village

5192 Caldwell Mill Rd, Mill Springs Estates, Hoover, AL
Property

Retail

116,725 SF
Availability

2 Spaces

2,699 SF
For Lease Contact for pricing
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2189 Parkway Lake Drive

2189 Parkway Lake Drive, Gables - Sterling Oaks, Hoover, AL
Property

Office

12,393 SF
Availability

1 Space

12,393 SF
Year Built

1988
For Lease

$19.50/SF/YR
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Hoover Office Building

400 Emery Drive, Trace Crossings, Hoover, AL
Property

Office

8,000 SF
Availability

1 Space

3,504 SF
For Lease

$22.50/SF/YR
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Offices at 3000 RiverChase

3000 RiverChase, Chase Lake, Hoover, AL
Property

Office

275,000 SF
Availability

10 Spaces

101,329 SF
Year Built

1987
For Lease

$22.50/SF/YR
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2147 Riverchase Office Rd

2147 Riverchase Office Rd, Gables - Sterling Oaks, Birmingham, AL
Property

Office

14,908 SF
Year Built

1982
For Sale

$2,898,000
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400 Chase Park South

400 Chase Park South, Gables - Sterling Oaks, Birmingham, AL
Property

Office

60,288 SF
Year Built

1982
For Sale

Call for Pricing
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Prime Development Property Hoover/Bessemer Area

SE corner @ I-459 and Parkwood Road , Southwood - Russet Woods, Bessemer, AL
Property

VacantLand
For Sale

$2,000,000
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Chase Commerce Park

3821 & 3829 Lorna Rd, Chase Lake, Hoover, AL
Property

Office

43,000 SF
Availability

1 Space

16,871 SF
Year Built

1989
For Lease

$14.50/SF/YR
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Riverchase Class "A" Office Building

1560 Woods of Riverchase Drive, Gables - Sterling Oaks, Hoover, AL
Property

Office

7,000 SF
Availability

1 Space

2,900 SF
Year Built

2015
For Lease

$17.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Hoover commercial real estate market incorporates 1,488,782 square feet of office space across 28 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Hoover commercial real estate market includes 1,155,660 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Hoover incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Hoover is represented by Office space, which accounts for 414,112 square feet of available listings. Retail space available in Hoover adds up to 240,505 square feet.

Meanwhile, most of the listings of commercial property for sale in Hoover are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Hoover is $20.28 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Hoover can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Hoover, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Hoover is in the Chapel Hill neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Chase Lake area.

Meanwhile, retail space opportunities are most abundant in the Chapel Hill submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Lynngate - Tal Heim.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $34 per square foot. In particular, the property type commanding the highest lease rates in Hoover was Office space.

Conversely, the highest sale price last year was $26,500,000 that is located at 2 Chase Corporate Drive.

The average size of a commercial property in Hoover depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Hoover, the average size of an office property is 55,141 square feet.
Retail properties here incorporate an average of 57,783 square feet.

Hoover, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Hoover currently add up to 1,003,097 square feet. The market offers 25 active office listing(s), which amount to 414,112 square feet and account for 52% of commercial spaces on the market. Local retail availability includes 240,505 square feet across 20 retail space(s).

Property Type	Count of Listings	Total SF
Office	25	414,112
Retail	20	240,505
Other	3	348,480

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Hoover, AL. Currently, there is 303,561 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	4	40,130
Retail	1	8,614
Other	7	254,817

Hoover, AL Commercial Real Estate for Lease and Sale

The Market at Stadium Trace

22 Inverness Center

Lorna Plaza

Hoover Business Park

For Lease - Freestanding former bank building with four drive through lanes.

Shoppes at Hwy. 150 (Next to Sprouts)

40 Inverness Center North

2189 Parkway Lake Drive

Woods Point

3430 Lorna Lane

Lake Crest Plaza

Free standing Office-Medical use building Hwy-280 market

31 Inverness Center

Key Place

1680 Montgomery Highway

Inverness Village at Valleydale

2108 Rocky Ridge Road

Valleydale Village

2189 Parkway Lake Drive

Hoover Office Building

Offices at 3000 RiverChase

2147 Riverchase Office Rd

400 Chase Park South

Prime Development Property Hoover/Bessemer Area

Chase Commerce Park

Riverchase Class "A" Office Building

Frequently Asked Questions

Hoover, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Hoover, AL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Hoover, AL?

What factors affect the price of commercial real estate in Hoover, AL?

What is the average rent for commercial space in Hoover, AL?

What are the best areas for commercial real estate in Hoover, AL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Hoover, AL?

Hoover, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

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Popular Retail Searches

Popular Industrial Searches

About us