4303 Court StMontgomery, AL 36105
High-yield retail investment, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Strong fundamentals in a densely populated Montgomery corridor; ±41,702 population within 3 miles, ±97,662 within 5 miles.
- 1.25-acre parcel on a signalized four-way intersection with multiple ingress/egress points and ample fuel canopy (8 gasoline lanes, 2 diesel lanes, 4 MPD).
- Nearby economic drivers include a new Meta data center, Hyundai Motor Manufacturing Alabama, and Glovis America, all within 5 miles.
- Optimal lease structure: 20-year base term with four 5-year renewal options, 1.5% annual rent escalations, absolute NNN lease, and tax advantages.
- Montgomery, AL benefits include being Alabama's capital, strong GDP, favorable housing market rankings, and major employers like Maxwell Air Force Base and Hyundai.
- Large, established franchisee: 200+ unit operator with a 30+ year history, operating across six states. ExtraMile is a top-10 US gas/c-store chain, a joint venture between Chevron and Jacksons Food Stores.
Property Details for 4303 Court St
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 3,600 SF
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 54,450 SF
- Units
- 1
Location Insight
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Latitude
- 32.3262356
- Longitude
- -86.3072351
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].