266 Winton M Blount LoopMontgomery, AL 36117

For Sale
$1,600,000
High-Yield NNN Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a fee-simple, single-tenant Ellianos Coffee located at 266 Winton M Blount Loop, Montgomery, AL 36117. The 800-square-foot, 2024-built property sits on a 0.51-acre lot and benefits from a 15-year NNN lease commencing December 30, 2023, and expiring November 30, 2038, with a remaining term of 14 years. The lease includes 2% annual rent bumps, ensuring consistent income growth. The property boasts a 6.75% cap rate and a current NOI of $108,000. Its prime location across from Baptist Health Center East Campus and two minutes from Auburn University at Montgomery provides exceptional visibility and access to a large customer base, including students, hospital staff, and employees from the surrounding 70+ buildings comprising over 450,000 square feet of office space. The property's strategic placement near major retailers like Walmart and Publix further enhances its appeal. This is a turnkey investment with strong tenant credit (franchisee) and a long-term lease, offering a secure and profitable return. The asking price is $1,600,000. The lease includes a 1, 5-year option. The property is 100% occupied.

Highlights

  • High-traffic location diagonally across from Baptist Health Center East, a 176-bed hospital providing healthcare to Montgomery since 1977.
  • Prime location within Montgomery's major office district, encompassing 70 buildings and over 450,000 square feet of office space, ensuring high customer traffic.
  • Two-minute proximity to Auburn University at Montgomery, a university with over 5,200 students, providing a substantial student customer base.

Property Details for 266 Winton M Blount Loop

Property type
Retail properties
Square Feet
800 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
22,216 SF
Units
1

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.378678
Longitude
-86.17285
266 Winton M Blount Loop, Montgomery, Alabama

FAQs

What type of property is this?
Retail property - High-Yield NNN Retail Investment
Where is the retail property located?
The property is located at 266 Winton M Blount Loop Montgomery, AL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High-traffic location diagonally across from Baptist Health Center East, a 176-bed hospital providing healthcare to Montgomery since 1977.; Prime location within Montgomery's major office district, encompassing 70 buildings and over 450,000 square feet of office space, ensuring high customer traffic.; Two-minute proximity to Auburn University at Montgomery, a university with over 5,200 students, providing a substantial student customer base.
How can I contact the broker?
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266 Winton M Blount Loop
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