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EastChase Market Center 7861-8061 EastChase Pky

174,263 SF 97% Leased Retail Building Montgomery, AL 36117 $27,950,000 ($160/SF) 7.87% Cap Rate

Investment Highlights

  • Premier Montgomery retail district
  • Shadow-anchored by Costco
  • Beautifully appointed buildings

Executive Summary

EastChase Market Center. Modern, well-appointed shopping center in Montgomery's premier retail development, boasting an iconic tenant mix including Michaels, Ulta, Old Navy, JoAnn, and Fun City Adventure Park.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
174,263 SF
Building Class
B
Year Built/Renovated
2008/2017
Price
$27,950,000
Price Per SF
$160
Cap Rate
7.87%
NOI
$2,198,805
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.18
Lot Size
21.94 AC
Zoning
PUD
Parking
1,320 Spaces (7.57 Spaces per 1,000 SF Leased)
Frontage
723 FT on Eastchase Pky

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Founded in 1984 and rooted in southern style, Shoe Station is a one-stop family footwear destination that offers an impressive selection from top brands. They are your fashion destination for footwear as well as southern inspired accessories, and apparel. Headquartered in Fort Mill, South Carolina, physical Shoe Station stores can be found throughout five Southern states and online at ShoeStation.com for shipping all across the U.S. As a growing family store, you can be on the lookout for a new location near you. With their unique and distinctive concept and promotional marketing, Shoe Station steps ahead of their competitors by bringing the best deals on the hottest brands for the whole family! They have an incredibly talented, highly motivated, and diverse team in their Retail Stores, Corporate Office, and Distribution Center.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 8043
  • 6,000 SF
  • Retail
  • In-Line
  • Now

Inline retail; formerly David's Bridal. Call owner for rental rate.

Space Size Space Use Position Available
8043 6,000 SF Retail In-Line Now

8043

Size
6,000 SF
Space Use
Retail
Position
In-Line
Available
Now

8043

Size 6,000 SF
Space Use Retail
Position In-Line
Available Now

Inline retail; formerly David's Bridal. Call owner for rental rate.

Nearby Major Retailers

Cava
Chili's Grill & Bar
ALDI
Taziki's Mediterranean Cafe
Burgerfi
Texas Roadhouse
Mayweather Boxing + Fitness
Starbucks
Kobe Ichiban
Firebirds Wood Fired Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-05-15-3-002-001.003
Land Assessment
$1,528,780
Improvements Assessment
$3,789,560
Total Assessment
$5,318,340
  • Listing ID: 31326833

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 7861-8061 EastChase Pky, Montgomery, AL 36117

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