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2750-2770 Bell Rd 13,927 SF 100% Leased Retail Building Montgomery, AL 36117 $1,898,903 ($136.35/SF) 7.29% Cap Rate
Investment Highlights
- Fully Leased 8 Unit Retail Strip Center
- Next Door to CVS and Bruster's Ice Cream
- Numerous Retail and Medical Offices in the Vicinity
- Excellent Visibility-High Traffic Area
- Opposite AAA Motor Club
Executive Summary
Aronov Realty Brokerage, Inc. is pleased to offer the opportunity to purchase an 8 unit, fully leased investment property at 2750 Bell Road. This retail strip center is adjacent to CVS Pharmacy opposite Bellwood Shopping Center and offers excellent visibility from the intersection and Bell Road and Vaughn Road. Price is subject to offer. Call Frank Potts for more information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,927 SF
Building Class
C
Year Built
2007
Price
$1,898,903
Price Per SF
$136.35
Cap Rate
7.29%
NOI
$138,430
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.00 AC
Zoning
B-2 - Community Commercial District
Parking
36 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
155’ on Bell Rd
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-09-30-1-000-030.003 | Improvements Assessment | $251,720 |
| Land Assessment | $69,700 | Total Assessment | $321,420 |
Property Taxes
Parcel Number
09-09-30-1-000-030.003
Land Assessment
$69,700
Improvements Assessment
$251,720
Total Assessment
$321,420
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2750-2770 Bell Rd
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