2906 Atlanta Hwy - Bank FOR SALE


Montgomery, AL 36109- Outer East
$3,065,450 USD
404-897-0452
2906 Atlanta Hwy, Montgomery, AL for Sale
$3,065,450 USD
Bank - FOR SALE
1/4
null | 6% Cap Rate

2906 Atlanta Hwy
Montgomery, AL 36109
Outer East


HIGHLIGHTS

  • Newer 2021 construction with modern infrastructure
  • Signalized intersection with ±34,622 VPD on Atlanta Highway
  • ±15 years remaining on absolute NNN lease
  • 10% rent escalations every 5 years throughout lease
  • 200+ unit operator with 30+ year operating history
  • 100% bonus depreciation eligible for immediate tax benefits

OVERVIEW

Broker Of Record Hutt Cooke Matthews Real Estate Investment Services, Inc 000168807-0, 000110253 - 0 (AL) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,065,450 USD

PRICE/SF

$1,159 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kangaroo Express

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,840 SF

ZONING

B-2

APN/PARCEL ID

10-02-09-2-016-002.000

ASK ABOUT THIS PROPERTY

Jared KayeMatthews Real Estate Investment ServicesMore Info
404-897-0452

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Jared KayeMatthews Real Estate Investment ServicesMore Info
404-897-0452

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.