7920-7968 Atlanta HwyMontgomery, AL 36117

Property Details for 7920-7968 Atlanta Hwy

Year built

2011

Lot size

3.69 AC

Property size (Sq ft)

24,074 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 24,074 square foot shopping center, built in 2011, presents a compelling investment opportunity. Located at 7920-7968 Atlanta Highway in Montgomery, Alabama (zip code 36117), this Class B property boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $202,636 and a 6.99% capitalization rate. The asking price is $2,900,000, translating to $120.46 per square foot. Situated on a 3.69-acre lot, the property is zoned PUD and benefits from high daily traffic counts of 22,733 vehicles. The single building structure offers a stable and attractive income stream for investors seeking a fully leased retail asset in a prime Montgomery location. This property is conveniently located on Atlanta Highway between Taylor Road and Chantilly Parkway, ensuring excellent visibility and accessibility for tenants and customers. The property's strong performance metrics and desirable location make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a fully leased, high-performing shopping center in a thriving market.

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Latitude

32.3803

Longitude

-86.1593

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