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3131-3137 Bell Rd 5,753 SF 100% Leased Retail Building Montgomery, AL 36116 $589,000 ($102.38/SF) 9.47% Cap Rate
Investment Highlights
- 100% Leased, 9.47% CAP Rate
- Less than 1 mile from Eastern Boulevard
- Prime exposure at the signalized intersection of Bell Road & Vaughn Road - Vaughn Road: ±28,619 AADT | Bell Road: ±12,099 AADT
Executive Summary
Existing Restaurant Space — Ideal for food and beverage users or adaptive reuse concepts, offering flexibility for a wide range of retail or service-oriented tenants.
Highly Visible Corner Location — Prime exposure at the signalized intersection of Bell Road and Vaughn Road, one of East Montgomery’s most recognized commercial nodes.
Strong Traffic Counts — Vaughn Road: ±28,619 AADT | Bell Road: ±12,099 AADT, providing excellent daily exposure and customer capture opportunities.
Excellent Regional Connectivity — Located less than one mile from Eastern Boulevard (a major north–south commercial corridor) and approximately 2.5 miles from Interstate 85.
Proximity to Premier Retail Destination — Approximately two miles from The Shoppes at EastChase, Montgomery’s premier lifestyle center featuring national retailers, dining, and entertainment.
Affluent Surrounding Demographics — Surrounded by high-income residential communities including Wynlakes, Deer Creek, Sturbridge, and Halcyon, supporting strong disposable income and dining demand.
Established Retail & Office Density — Strong nearby concentration of retail, office, and residential uses driving consistent traffic, visibility, and long-term demand.
Highly Visible Corner Location — Prime exposure at the signalized intersection of Bell Road and Vaughn Road, one of East Montgomery’s most recognized commercial nodes.
Strong Traffic Counts — Vaughn Road: ±28,619 AADT | Bell Road: ±12,099 AADT, providing excellent daily exposure and customer capture opportunities.
Excellent Regional Connectivity — Located less than one mile from Eastern Boulevard (a major north–south commercial corridor) and approximately 2.5 miles from Interstate 85.
Proximity to Premier Retail Destination — Approximately two miles from The Shoppes at EastChase, Montgomery’s premier lifestyle center featuring national retailers, dining, and entertainment.
Affluent Surrounding Demographics — Surrounded by high-income residential communities including Wynlakes, Deer Creek, Sturbridge, and Halcyon, supporting strong disposable income and dining demand.
Established Retail & Office Density — Strong nearby concentration of retail, office, and residential uses driving consistent traffic, visibility, and long-term demand.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,753 SF
Building Class
C
Year Built
1999
Price
$589,000
Price Per SF
$102.38
Cap Rate
9.47%
NOI
$55,778
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.80 AC
Zoning
B-4
Parking
32 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
118’ on Bell Rd
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-09-30-4-000-003.000 | Improvements Assessment | $73,960 |
| Land Assessment | $27,820 | Total Assessment | $101,780 |
Property Taxes
Parcel Number
09-09-30-4-000-003.000
Land Assessment
$27,820
Improvements Assessment
$73,960
Total Assessment
$101,780
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