2424 Eastern Blvd - Storefront FOR SALE
Montgomery, AL 36117 |
2424 Eastern Blvd
Montgomery, AL 36117
HIGHLIGHTS
- Original 10 Year Lease from Conn’s Home Plus with 5.5 Years Remaining
- Corporate Backed Lease Guaranteed by Conn's Home Plus (NASDAQ: CONN) , a Leading Retail Brand, Boasting a "Moody's B1" Credit Rating
- NN (Double Net) Lease Structure with Landlord Responsible for Roof, Structure & CAM
- Below Market Rent of $9.81 SF | Current Market Rent for Big Box is $13 to $14 SF
- Healthy Population Densities in 1, 3, and 5 Mile
- Co-Synergies in a Thriving Retail Corridor with Neighboring Tenants Including Home Depot, Harbor Freight, and Chick-fil-A
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Conn's HomePlus
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
43441
STORIES
1
YEAR BUILT
1997
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
10-06-24-3-002-003.000
