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Forest Hills Shopping Center 3416-3458 Atlanta Hwy 52,375 SF 100% Leased Retail Building Montgomery, AL 36109 $2,700,000 ($51.55/SF) 10.50% Cap Rate
INVESTMENT HIGHLIGHTS
- High Visibility
- Surrounded my Established Neighborhoods
- High Traffic Counts
- Centrally Located
EXECUTIVE SUMMARY
It is strategically located in the center of Montgomery along Atlanta Highway, which is recognized as a major corridor in the area
The Atlanta Highway experiences significant traffic, with an average daily traffic count of 25,278 vehicles (AADT).
The exterior and parking facilities underwent remodeling and resurfacing in 2017
The retail center features national tenants such as Aarons Rents and H&R Block, indicating a stable tenant mix that attracts foot traffic.
The property is in proximity to several established neighborhoods, including Forest Hills, Dalraida, and Morningview, which can contribute to a steady customer base.
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Public Administration
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$9.99
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Following the era of Prohibition, each state individually decided how alcoholic beverages would be managed within its borders. The people of Alabama did not want alcoholic beverages marketed like soup and soft drinks. Recognizing the lethal potential of alcohol, Alabama citizens demanded its rigorous control. The ABC Board was legislatively created to fulfill this mandate. The ABC Board controls alcoholic beverages through distribution, licensing, and enforcement. The Board operates a chain of retail stores selling the majority of liquor purchased in Alabama. The Board operates in an efficient and cost-effective manner to ensure that Alabamians who choose to purchase beverages are able to do so at a fair price while generating considerable revenue for the State and local governing authorities. The facts prove that the system of control in Alabama are working.
- Artistic Moves
- Services
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$9.99
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Lorem Ipsum
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Artistic Moves | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-02-09-1-010-001.000 | Improvements Assessment | $317,380 |
| Land Assessment | $116,180 | Total Assessment | $433,560 |
PROPERTY TAXES
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Forest Hills Shopping Center | 3416-3458 Atlanta Hwy
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