7861-8073 Eastchase Pky 174,910 SF 97% Leased Retail Building Montgomery, AL 36117 $27,950,000 ($159.80/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

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
174,910 SF
Building Class
B
Year Built/Renovated
2008/2017
Price
$27,950,000
Price Per SF
$159.80
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
826 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
1,523’ on Eastchase Pky

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • 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. It is a 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, with online shopping available at ShoeStation.com for shipping across the U.S. As a growing family store, customers can be on the lookout for a new location nearby. With their unique and distinctive concept and promotional marketing, Shoe Station stays ahead of competitors by offering the best deals on the hottest brands for the whole family. The company boasts 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
  • 7951
  • 15,000-30,247 SF
  • Retail
  • In-Line
  • Jun 2025

Large inline retail; formerly JoAnn Fabrics.

  • 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
7951 15,000-30,247 SF Retail In-Line Jun 2025
8043 6,000 SF Retail In-Line Now

7951

Size
15,000-30,247 SF
Space Use
Retail
Position
In-Line
Available
Jun 2025

8043

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

NEARBY MAJOR RETAILERS

Mayweather Boxing + Fitness
Starbucks
Chili's Grill & Bar
Taziki’s Mediterranean Café
BurgerFi
Texas Roadhouse
Kobe Ichiban
Firebirds Wood Fired Grill
Charles Schwab
Bonefish Grill

PROPERTY TAXES

  • Listing ID: 31326833

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 7861-8073 Eastchase Pky, Montgomery, AL 36117