2424 Eastern Blvd
Montgomery, AL 36117
Conn's HomePlus · Retail Property For Sale

A Conn’s HomePlus located in Montgomery, AL, which underwent an approximate $2 million in renovations in 2019, including new roof and HVAC. The 10-year NN lease features four 5-year options to extend with 10% increases in the base term and options. The building was most recently occupied by Gander Mountain Sports, and was originally a build-to-suit for Sports Authority. Conn’s is a publicly traded company (NASDAQ: CONN) with over $1 billion in annual revenue and 133 locations. Conn’s HomePlus is located on Eastern Boulevard, which benefits from traffic counts of 42,270 VPD. It is situated just off Interstate 85, the primary highway that runs from Montgomery, AL, to Petersburg, VA. Conn’s is part of the Promenade Montgomery North Center which includes The Home Depot, Harbor Freight Tools, and FedEx Office. Other major retail in immediate area include T.J. Maxx, Lowe’s, McDonald’s, and Starbucks. The recently renovated Eastdale Mall (At Home, Belk, Dillard’s, JCPenney, Chick-fil-A) is 4 miles away. The Alabama Shakespeare Festival is located less than a mile from the subject property, and attracts more than 300,000 visitors each year.