1100 Ann StMontgomery, AL 36107

  • Retail properties
  • 4,116 SF
For Lease
$4/SF/YR View listing

Property Details for 1100 Ann St

Year built
1994
Lot size
0.93 AC
Property size (Sq ft)
4,116 SF
Zone code
B-4
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
10-05-16-2-009-020.000
APU
1005162009020000

Description

This exceptional 1,650 square foot retail space, located at 1100 Ann St in Montgomery, Alabama (zip code 36107), presents a fantastic opportunity for a single-tenant restaurant. Ideally suited for a franchise operation, this property boasts a prime location on an interstate corridor, ensuring high visibility and significant foot traffic. The site enjoys a daily traffic count exceeding 28,767 vehicles, providing substantial exposure to potential customers. Currently vacant and ready for immediate occupancy, this space is perfect for a drive-thru restaurant concept. The lease is a Net, Net, Net (NNN) agreement, meaning the tenant is responsible for property taxes, insurance, and maintenance. This turnkey solution allows businesses to focus on operations and growth, minimizing upfront investment and operational overhead. The property's strategic location and high traffic volume make it an exceptional investment for any restaurant seeking a thriving location in Montgomery, Alabama. Interested parties should contact the listing agent for showings and further details.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $783,821
    6.5%
    $723,527
    7%
    $671,847
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,023,225
    Geo Method
    $2,023,225
  • Alternative Use

    Use
    Valuation
    Residential
    $610,322
    Hospitality
    $559,052
    Educational
    $465,125
    Medical
    $481,121
    Retail
    $723,527
1100 Ann St, Montgomery, Alabama

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.3677
Longitude
-86.2716
CBSA code
33860
CBSA name
MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,986
$97,200
$108,280
$205,480
-
$486,000
$541,400
$1,027,400

FAQs

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