1596 Montgomery Hwy
Birmingham, AL 35226
Property For Lease

Former bank buildinFor your reference, I am providing an exciting real estate opportunity in the heart of Hoover, Alabama. Located at 1596 Montgomery Highway, Hoover, AL 35226, this former bank branch location is available for lease immediately. Situated on a stand-alone lot that is .55 Acres (24,000 Square Feet), the building, including drive thru is 2,649 square feet and has 4 drive thru lanes (1 pad set for an ATM or bypass lane). This property has been operated as a branch location for a regional bank continuously since 1988. The interior is designed for bank use and has 4 teller stations to serve the lobby and 2 stations to serve the drive thru lanes. There are 2 offices, 2 bath rooms, a break room, a vault area large enough to accommodate approximately 240 safe deposit boxes, a night depository and more. This property is perfect for a financial institution to move into and begin branch operations almost immediately. There is ample parking and easy access with points of entry and exit from and onto Highway 31, as well as the connected shopping center, and then on to Braddock Drive. The branch is approximately a mile south of heavily travelled Interstate 65 and a mile north of Interstate 459. The property is open for the option of a rebuild on the site or the lease of the current building, including the opportunity to remodel. This location is in the heart of the banking district in Hoover, AL with 36,000 vehicle pass by’s a day, surrounding retail / restaurants such as Publix, Starbucks, Chick-Fil-A, Tameron and Hendrick Auto Sales, Walgreens, Burlington Coat Factory, and many others providing a large draw to this area. A Regions Bank branch with over $309 million in deposits (as of June 2020) is approximately 250 feet north of this property and a Wells Fargo branch with over $109 million in deposits is approximately 250 feet south of this property. There is more than ample population (135K at 5 mi radius) and household (56K at 5 mi radius) numbers and growth in the market (1.7% 5-year Population Growth). This opportunity will move fast, so do not delay. Attached is a presentation of the property and key facts. Please contact Eddy Harris with Expert Realty, Inc. at 205-492-6728 with any questions and interest. g.