9035 Eastchase Pkwy - Freestanding FOR SALE


Montgomery, AL 36117- Outer East
$2,964,000 USD
470-344-2586
9035 Eastchase Pkwy, Montgomery, AL for Sale
$2,964,000 USD
Freestanding - FOR SALE
1/4
null | 6.75% Cap Rate

9035 Eastchase Pkwy
Montgomery, AL 36117
Outer East


HIGHLIGHTS

  • 13+ Years Remaining | Annual Rental Increases | Growing Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | University of Auburn at Montgomery
  • Signalized, Hard Corner Intersection | Interstate 85 | Excellent Visibility & Access
  • Strong Demographics in 5-mile Trade Area | Six-Figure Incomes

OVERVIEW

• The tenant currently has 13+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features 2% annual rental increases throughout initial term and options thereafter, growing NOI and hedging against inflation • Slim Chickens opened in 2003 in Fayetteville, Arkansas and has grown with more than 300 locations in 34 U.S. states

FOR SALE DETAILS

PRICE

$2,964,000 USD

PRICE/SF

$1,059 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skim Chickens - Montgomery AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

B-2

APN/PARCEL ID

09-05-15-4-002-004.007

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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