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5163 Carmichael Rd
Montgomery, AL 36106
15-Year AbsNNN TacoBell | Largest TB Operator · Retail Property For Sale

Investment Highlights

  • Long-Term Absolute NNN Lease with 1% Annual Rental Increases | No Landlord Management | Operated by Taco Bell’s Largest Franchisee (350+ Units)
  • Immediate Access to Interstate 85 (92,780 AADT) and Eastern Boulevard (51,580 AADT) | W/in 5mi of 14 Major Shopping Centers (441 Stores)
  • Minutes from Auburn University at Montgomery and Faulkner University (Combined 8,700+ Students)
  • High-Traffic Location in Densely Populated Retail Corridor | 153,063 Residents Within a Five-Mile Radius
  • Irreplaceable Infill Location Near Large Schools and Employers
  • Within Five Miles of 10 Schools with Combined Enrollment of 8,187 Students

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,492 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.94 AC
Zoning
B-3
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
54’ on Carmichael Rd

Amenities

  • Pylon Sign
  • Drive Thru

About 5163 CARMICHAEL RD , MONTGOMERY, AL 36106

The property is conveniently located and easily accessible from Carmichael Road, a major economic and retail corridor for Montgomery, with excellent visibility and access to 19,130 vehicles per day directly in front of the location and 153,063 residents within a five-mile radius. The property is less than one mile from Interstate 85, Montgomery’s primary east-west thoroughfare. The location offers a wide variety of shopping and national retail chains in the immediate vicinity, including 14 major shopping centers within five miles of the location, which feature 4.7 million SF of retail space and 441 stores. The property is easily accessible from 19 different hotels within walking distance of the site. Increased traffic is greatly aided by the many surrounding schools and universities, such as Auburn University at Montgomery (5,200+ students) and Faulkner University (3,500+ students). The site is also within five miles of 10 schools with a combined enrollment of 8,187 students. The location resides four miles from Baptist Medical Center East (150 beds), which was named one of the nation’s 100 Top Hospitals by Thomson Reuters and generated $530,687,823 in total patient revenue in 2018.

Property Taxes

Property Taxes

Parcel Number
10-06-13-3-000-006.002
Land Assessment
$65,280
Improvements Assessment
$76,260
Total Assessment
$141,540
  • Listing ID: 18207953

  • Date on Market: 1/16/2020

  • Last Updated:

  • Address: 5163 Carmichael Rd, Montgomery, AL 36106

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