For Sale
$3,300,000
2020 South Blvd Montgomery, AL 36116
Grocery-anchored retail center, high traffic
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 57,700 SF single-story Class B retail center in Montgomery, AL.
- 100% occupied by credit-rated tenants, including Fresenius Kidney Care and Fresh Value, under a NNN lease.
- $3,300,000 asking price ($57.19/SF), with a stabilized NOI of $271,347 and an 8.22% cap rate.
- Prime US-80 location with 35,000 VPD, situated near a major medical hub.
- Built in 2014, situated on a 239,432 SF lot (APN: 1009321006004000).
Property Details for 2020 South Blvd
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 57,700 SF
- Class
- B
- Year Renovated
- 2014
- Buildings
- 1
- Stories
- 1
- Units
- 2
Location Insight
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Latitude
- 32.326760318105
- Longitude
- -86.280715583036
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Grocery-anchored retail center, high traffic
- Where is the retail property located?
- The property is located at 2020 South Blvd Montgomery, AL.
- What is the asking price?
- The asking price for this property is $3,300,000.
- What are key features of this property?
- This property features: 57,700 SF single-story Class B retail center in Montgomery, AL.; 100% occupied by credit-rated tenants, including Fresenius Kidney Care and Fresh Value, under a NNN lease.; $3,300,000 asking price ($57.19/SF), with a stabilized NOI of $271,347 and an 8.22% cap rate.
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