2424 Eastern Blvd | Montgomery, AL 36117
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- LoopNet Team
2424 Eastern Blvd
Montgomery, AL 36117
Conn's HomePlus · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Original 10 Year Lease from Conn’s Home Plus with 5.5 Years Remaining
- NN (Double Net) Lease Structure with Landlord Responsible for Roof, Structure & CAM
- Healthy Population Densities in 1, 3, and 5 Mile
- Corporate Backed Lease Guaranteed by Conn's Home Plus (NASDAQ: CONN) , a Leading Retail Brand, Boasting a "Moody's B1" Credit Rating
- Below Market Rent of $9.81 SF | Current Market Rent for Big Box is $13 to $14 SF
- Co-Synergies in a Thriving Retail Corridor with Neighboring Tenants Including Home Depot, Harbor Freight, and Chick-fil-A
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
43,837 SF
Building Class
B
Year Built/Renovated
1997/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
5.25 AC
Zoning
B-3 - Highway Commercial District
Parking
293 Spaces (6.74 Spaces per 1,000 SF Leased)
Frontage
185’ on Central Pky
AMENITIES
- Freeway Visibility
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | 10-06-24-3-002-003.000 | Improvements Assessment | $658,240 |
| Land Assessment | $182,960 | Total Assessment | $841,200 |
PROPERTY TAXES
Parcel Number
10-06-24-3-002-003.000
Land Assessment
$182,960
Improvements Assessment
$658,240
Total Assessment
$841,200
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