3416-3458 Atlanta Hwy - Retail FOR SALE


Montgomery, AL 36109- Outer East
$2,700,000 USD
334-387-2854
3416-3458 Atlanta Hwy, Montgomery, AL for Sale
$2,700,000 USD
Retail - FOR SALE
1/11
null | 10.5% Cap Rate

3416-3458 Atlanta Hwy
Montgomery, AL 36109
Outer East


HIGHLIGHTS

  • High Visibility
  • High Traffic Counts
  • Surrounded my Established Neighborhoods
  • Centrally Located

OVERVIEW

The subject property consists of ± 52,191 square feet (SF) of retail space situated on ± 6.08 acres. It is strategically located in the center of Montgomery along Atlanta Highway, which is recognized as a major corridor in the area The Atlanta Highway experiences significant traffic, with an average daily traffic count of 25,278 vehicles (AADT). The exterior and parking facilities underwent remodeling and resurfacing in 2017 The retail center features national tenants such as Aarons Rents and H&R Block, indicating a stable tenant mix that attracts foot traffic. The property is in proximity to several established neighborhoods, including Forest Hills, Dalraida, and Morningview, which can contribute to a steady customer base.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

10.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forest Hills Shopping Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

450

LAND DETAILS

CROSS STREETS

Atlanta Hwy. & Coliseum Rd.

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

B-4

APN/PARCEL ID

10-02-09-1-010-001.000

ASK ABOUT THIS PROPERTY

Jenna BrooksMoore Company Realty, Inc.More Info
334-387-2854

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Jenna BrooksMoore Company Realty, Inc.More Info
334-387-2854

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