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CVS Pharmacy 3000 Rosa L Parks Ave 10,000 SF Retail Building Montgomery, AL 36105 $2,187,467 ($218.75/SF) 7.46% Cap Rate
INVESTMENT HIGHLIGHTS
- CVS / Oak St. Health
- 0.2 Miles to I-65
- ± 2.5 Miles to Downtown Montgomery
- Located on the corner of Fairview Ave and Rosa L Parks Ave
- ± 2 Miles to the I-65 / I-85 Interchange
EXECUTIVE SUMMARY
Introducing a prime investment opportunity at 3000 Rosa L Parks Ave, Montgomery, AL. This impressive 10,000 SF building, constructed in 2000, offers a lucrative prospect for retail/free standing building investors. Zoned B-2 and boasting full occupancy, this property presents a stable income stream. Situated in the heart of Montgomery, the strategic location provides excellent visibility and accessibility. With esteemed tenants like CVS / Oak St. Health, this property benefits from high traffic, averaging 45.7K visits annually. Conveniently positioned near major interstates and downtown Montgomery, this asset offers an enticing blend of stability and potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,000 SF
Building Class
C
Year Built
2000
Price
$2,187,467
Price Per SF
$218.75
Cap Rate
7.46%
NOI
$163,185
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.28 AC
Zoning
B-2
Parking
48 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-06-24-3-001-001.000 | Improvements Assessment | $225,080 |
| Land Assessment | $88,520 | Total Assessment | $313,600 |
PROPERTY TAXES
Parcel Number
11-06-24-3-001-001.000
Land Assessment
$88,520
Improvements Assessment
$225,080
Total Assessment
$313,600
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CVS Pharmacy | 3000 Rosa L Parks Ave
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