6.70% CAP
no data
Mixed Use
Property Type
No NOI data
Net Operating Income (NOI)
2 unit(s)
Total Units
6.70%
CAP RATE
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Leasable Doors
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Price per unit
Hoover Square is a 93,000-square-foot retail center that is 100% occupied by long-standing tenants. Strategically located along U.S. Highway 31 less than a quarter mile north of I-459, the property sits at the center of one of Birmingham’s most established and active regional shopping hubs. The center is anchored by TJ Maxx and HomeGoods, with TJ Maxx ranking as the #2 most visited TJ Maxx in Alabama and HomeGoods ranking #4 statewide, according to Placer.ai, driving strong and consistent traffic to the property.
The property benefits from over 550 feet of frontage along U.S. Highway 31, exposure to approximately 36,000 vehicles per day, dedicated turning lanes, and three curb cuts, providing exceptional visibility, access, and traffic flow. The surrounding community continues to experience steady growth and is characterized by strong household incomes and spending power.
- 100% Leased
- Highly Visible Shopping Center on major HWY
- TJ MAxx & Homegoods Anchor
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