Cahaba Market 5413 US 280 Local commercial 1 225 m² 100 % Loué À vendre Hoover, AL 35242 7 019 765 € (5 731,63 €/m²) Taux de capitalisation 6,75 %

The subject property is prominently located with excellent access and visibility along U.S. 280 (57,463 AADT) adjacent to its junction with Highway 119. The site benefits from robust demographics with a total daytime population of 77,004 and average household income of $130,201 within a 5 mile radius. More than 65% of the population within 5 miles of the site has earned a bachelor’s degree or higher, more than double the national average.
The property is strategically situated within a premier retail node in close proximity to notable retail tenants, employers, and schools. The property sits directly adjacent to the newly opened Publix shopping center, which is part of the new 78-acre mixed-use development called Tattersall Park. The 78-acre development will feature retail, restaurants, medical facilities, and residential. Major retail centers nearby include The Village at Lee Branch, anchored by Publix, Dick’s Sporting Goods, Hobby Lobby, and AMC Theaters; Brook Highland Plaza, featuring Lowe’s, Dollar Tree, Petco, Michael’s, Best Buy, and HomeGoods; Inverness Plaza, anchored by CVS and Planet Fitness; Inverness Corners, anchored by Kohl’s; Inverness Village, featuring Walgreens & The Fresh Market; River Ridge Shopping Center, anchored by Target, Nordstrom Rack, & Staples; and Shoppes of Collenade, anchored by Cracker Barrel. Other major retail tenants in the surrounding area include Walmart Supercenter, ALDI, CVS, Trader Joe’s, and more.

This property is listed in conjunction with Alabama-licensed real estate broker Thomas Newton.