1375 Federal DrMontgomery, AL 36107

Montgomery Plaza South presents a compelling value-add opportunity for investors seeking immediate cash flow and significant upside potential. This 20,890-square-foot shopping center, situated on a 2.08-acre lot at 1375 Federal Drive in Montgomery, Alabama (zip code 36107), is currently 95% occupied with tenants on month-to-month leases. This provides a new owner the flexibility to quickly reposition the asset and increase rental income. The property boasts a prime location in North Central Montgomery, benefiting from high visibility with 12,928 vehicles passing daily on Federal Drive. Its proximity to a newly constructed Circle K and other major businesses, including Walmart, Penske Truck Rental, and Life Storage, ensures consistent foot traffic. The B2 zoning allows for flexible usage options, and existing utilities (water, sewer, gas, and electricity) simplify any redevelopment plans. Built in 1968, this single-building property offers a strong redevelopment potential within a growing commercial hub. The area's demographics are favorable, with over 107,521 residents and a daytime population of 140,448 within a 5-mile radius, and an average household income of $64,687. The property is offered fee simple and presents a rare chance to acquire a nearly fully occupied retail center with immediate cash flow and the potential for substantial long-term returns. The property's location is easily accessible, being just 2.2 miles from I-85.