Hoover, AL Commercial Real Estate for Lease and Sale

Explore 77 listings of Hoover commercial real estate to find the best space for your business.

2108 Rocky Ridge Road

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

Office

4,864 SF
Availability

2 Spaces

829 SF
For Lease

$17.00/SF/YR
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Pad Site For Sale

1869 Chace Dr, Chase Lake, Hoover, AL
Property

VacantLand
For Sale

$575,000
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Concourse 800

800 Concourse Parkway, Gables - Sterling Oaks, Hoover, AL
Property

Office

45,857 SF
Availability

1 Space

16,930 SF
For Lease

$19.50/SF/YR
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2078 valleydale road

2078 valleydale road, Gables - Sterling Oaks, Hoover, AL
Property

Retail

4,000 SF
Availability

1 Space

4,000 SF
For Lease

$24.00/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Land
1535 Montgomery Hwy

1535 Montgomery Hwy, Chapel Hill, Vestavia Hills, AL
Property

VacantLand

1.7 Acre
For Sale

$3,000,000
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8 acres of prime property for development

2340 John Hawkins Parkway , Lake Crest, Hoover, AL
Property

VacantLand
For Sale

Subject To Offer
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The Concourse at Riverchase

The Concourse at Riverchase, Gables - Sterling Oaks, Birmingham, AL
Property

VacantLand

7.5 Acre
For Sale Contact for pricing
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Hoover Place

1584 Montgomery Highway, Green Valley, Hoover, AL
Property

Retail

54,395 SF
Availability

1 Space

1,200 SF
For Lease Contact for pricing
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Southlake Village

4524 Southlake Pkwy, Southlake, Hoover, AL
Property

Retail

57,970 SF
Availability

5 Spaces

9,070 SF
Year Built

1988
For Lease Contact for pricing
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Lorna Town Square

3133 Lorna Road, Chapel Hill, Hoover, AL
Property

Retail

19,381 SF
Availability

1 Space

3,374 SF
For Lease Contact for pricing
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Hoover Village

1580 Highway 31, Chapel Hill, Hoover, AL
Property

Retail

10,665 SF
Availability

4 Spaces

7,640 SF
For Lease Contact for pricing
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Chase Corporate Center

One & Two Chase Corporate Drive, Chase Lake, Hoover, AL
Property

Office
Availability

1 Space

21,635 SF
Year Built

1987
For Lease Contact for pricing
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The Concourse at Riverchase

The Concourse at Riverchase, Gables - Sterling Oaks, Birmingham, AL
Property

VacantLand

7.5 Acre
Availability

1 Space

7.5 Acre
For Lease Contact for pricing
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22 INVERNESS CENTER

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

Office

134,674 SF
Availability

1 Space

2,627 SF
For Lease

$19.00/SF/YR
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Valleydale Village

5188 Caldwell Mill Road, Mill Springs Estates, Hoover, AL
Property

Retail

118,465 SF
Availability

2 Spaces

2,699 SF
Year Built

1980
For Lease Contact for pricing
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2500 Galleria Circle

2500 Galleria Circle, Chase Lake, Birmingham, AL
Property

Retail

160,000 SF
Availability

2 Spaces

154,000 SF
For Lease Contact for pricing
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1820 Southpark Drive

1820 Southpark Drive, Gables - Sterling Oaks, Birmingham, AL
Property

Office

9,600 SF
Year Built

1997
For Sale

$1,750,000
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Hoover Professional Center

1572 Montgomery Highway, Green Valley, Birmingham, AL
Property

Office

20,000 SF
Availability

1 Space

1,027 SF
Year Built

1986
For Lease

$1,155.38/SF/YR
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Retail/Office Space For Lease

3141 Lorna Road, Chapel Hill, Hoover, AL
Property

Office

12,144 SF
Availability

1 Space

4,500 SF
For Lease

$14.00/SF/YR
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Southlake Village - Outparcel

4524 Southlake Parkway, Southlake, Birmingham, AL
Property

VacantLand

0.5 Acre
Availability

1 Space

0.5 Acre
For Lease Contact for pricing
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The Grove

5569 Grove Blvd, Lake Crest, Hoover, AL
Property

Retail

140,000 SF
Availability

2 Spaces

4,000 SF
For Lease Contact for pricing
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3301 Lorna Road

3301 Lorna Road, Lynngate - Tal Heim, Birmingham, AL
Property

Retail

5,243 SF
Availability

2 Spaces

5,243 SF
For Lease

$20.00/SF/YR
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Office Suite For Lease

3525 Lorna Ridge Drive, Lynngate - Tal Heim, Hoover, AL
Property

Office

5,000 SF
Availability

1 Space

1,250 SF
Year Built

1992
For Lease

$14.95/SF/YR
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+/- 5 Acre Parcel in Southlake Park

4575 Southlake Parkway, Southlake, Hoover, AL
Property

Other
For Sale

$995,000
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4530 Galleria Blvd / 3939 Lorna Rd

4530 Galleria Blvd, Chase Lake, Hoover, AL
Property

VacantLand
For Sale

$750,000
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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 2,866,472 square feet of office space across 40 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 843,420 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. Across the Hoover market, there is a total of 5,850 square feet of industrial property.

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 818,432 square feet of available listings. Retail space available in Hoover adds up to 226,209 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 $21.62 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 Inverness Cove neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Inverness Cove area.

Meanwhile, retail space opportunities are most abundant in the Inverness Cove submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Lakeview.

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 $24.5 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 73,500 square feet.
Retail properties here incorporate an average of 42,171 square feet.
Industrial space in Hoover is in buildings that are, on average 5,850 square feet in size.

Hoover, AL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Hoover currently add up to 1,364,377 square feet. The market offers 31 active office listing(s), which amount to 785,480 square feet and account for 58% of commercial spaces on the market. Local retail availability includes 224,567 square feet across 19 retail space(s). Industrial space for rent opportunities in Hoover amount to 5,850 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	31	785,480
Retail	19	224,567
Industrial	1	5,850
Other	2	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 149,132 square feet of commercial property for sale here , which includes 8 office building(s) for sale , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	8	134,721
Retail	2	10,882
Other	10	3,529

Hoover, AL Commercial Real Estate for Lease and Sale

2108 Rocky Ridge Road

Pad Site For Sale

Concourse 800

2078 valleydale road

1535 Montgomery Hwy

8 acres of prime property for development

The Concourse at Riverchase

Hoover Place

Southlake Village

Lorna Town Square

Hoover Village

Chase Corporate Center

The Concourse at Riverchase

22 INVERNESS CENTER

Valleydale Village

2500 Galleria Circle

1820 Southpark Drive

Hoover Professional Center

Retail/Office Space For Lease

Southlake Village - Outparcel

The Grove

3301 Lorna Road

Office Suite For Lease

+/- 5 Acre Parcel in Southlake Park

4530 Galleria Blvd / 3939 Lorna Rd

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

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Popular Retail Searches

Popular Industrial Searches

About us