1480 Eastern Blvd
Montgomery, AL 36117
Golden Corral Absolute NNN Leased Offering · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,355 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.00 AC
Zoning
B-3
Parking
100 Spaces (9.54 Spaces per 1,000 SF Leased)
Frontage
75’ on Eastern Blvd
AMENITIES
- Pylon Sign
- Signalized Intersection
ABOUT 1480 EASTERN BLVD , MONTGOMERY, AL 36117
The Kase Group is pleased to present this rare Golden Corral fee simple absolute NNN lease. The lease calls for zero landlord obligations. Rent increases annually by the lessor of 9.788% or 1.25 times the change in the price index. The tenant has four 5 year options to renew. The asset is well situated along adjacent to the Interstate-85/Dr Martin Luther King, Jr Expressway, at Eastern Boulevard. Golden Corral benefits from this heavily trafficked retail location with nearby retailers including Petco, Sally Beauty Supply, The Home Depot, Lowe’s, Gander Mountain, McDonalds, Starbucks, and Best Buy.
PROPERTY TAXES
| Parcel Number | 10-06-24-2-002-001.011 | Improvements Assessment | $180,820 |
| Land Assessment | $209,080 | Total Assessment | $389,900 |
