Lorna Town Square

3133 Lorna Road Hoover, AL 35216

Hoover
FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Last Verified:
Mar 22, 2024

Highlights

  • Retail center size: 19,381 SF
  • Space Available: 3,374 SF
  • Traffic count: 17,562 VPD on Lorna Rd

Description

Building Size: 19381sq ft
Lot Size: 0 acres

Units for Lease

Suite 107
Space Available: 3374 SF
Lease Type: NNN

Map of 3133 Lorna Road, Hoover, AL, 35216

Presented by:
Southpace Properties

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Alex Benson


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.