1100 Ann StMontgomery, AL 36107
- Retail properties
- 4,116 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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