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2020 E South Blvd
Montgomery, AL 36116

Retail Property For Sale

Retail Space Alabama Montgomery 2020 E South Blvd, Montgomery, AL 36116

Investment Highlights

  • Grocer Anchored
  • Pylon Signage
  • High Traffic Counts
  • Surrounded by Montgomery's Medical Hub

Executive Summary

The two tenant, grocer anchored center, is located on US-80 in Montgomery, AL. The location provides high traffic counts
(35,000 VPD) and is located in the medical hub of Montgomery. Two hospitals lie within a half mile radius, for a combined
bed count of 567. Numerous other medical related industries lie within this radius, including; a retirement community, the
Catholic Social Services of Montgomery, Retina Specialists of Alabama, the Institute for Advanced Wound Care, and
many more.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
57,800 SF
Building Class
B
Year Built/Renovated
1982/2014
Price
$3,300,000
Price Per SF
$57
Cap Rate
8.22%
NOI
$271,347
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
5.46 AC
Zoning
B-3 - General business zoning
Parking
288 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
259 FT on Narrow Lane Rd

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection

PROPERTY TAXES

Parcel Number 10-09-32-1-006-004.000 Improvements Assessment $604,140
Land Assessment $47,920 Total Assessment $652,060

PROPERTY TAXES

Parcel Number
10-09-32-1-006-004.000
Land Assessment
$47,920
Improvements Assessment
$604,140
Total Assessment
$652,060
 

  • Listing ID: 32922306

  • Date on Market: 8/22/2024

  • Last Updated:

  • Address: 2020 E South Blvd, Montgomery, AL 36116

More public record information on 2020 E South Blvd, Montgomery, AL 36116

The Retail Property at 2020 E South Blvd, Montgomery, AL 36116 is currently available for sale. Contact Concord Companies for more information.

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