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1059-1065 N Eastern Blvd
Montgomery, AL 36117

Montgomery Strip Center Investment Asset · Retail Property For Sale

Investment Highlights

  • Triple Net (NNN) Lease With Limited Landlord Responsibilities
  • Short Lease Terms Allowing For an Opportunity to Add Value to the Property
  • Diverse Tenant Mix Will Provide Great Uses For the Local Community
  • Below Market Rents – Tenant Lease Rollover Provides For Value-Add Opportunity
  • 40% of the Strip Center is Vacant Allowing For a Large Upside Potential
  • Long Term Operating History

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,736 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.00 AC
Zoning
M-1
Parking
30 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
105 FT on Eastern Blvd

Amenities

  • Air Conditioning

About 1059-1065 N Eastern Blvd , Montgomery, AL 36117

Sands Investment Group is Pleased to Present Exclusively For Sale the 13,736 SF Montgomery Strip Center Investment Asset Located at 1059 N Eastern Blvd in Montgomery, Alabama. This Deal Includes a Triple Net (NNN) Lease With Limited Landlord Responsibilities, Providing For a Secure Investment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-07-36-3-000-002.031
Land Assessment
$60,000
Improvements Assessment
$181,460
Total Assessment
$241,460
  • Listing ID: 23685513

  • Date on Market: 7/15/2021

  • Last Updated:

  • Address: 1059-1065 N Eastern Blvd, Montgomery, AL 36117

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