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Call for Offers: Advance Auto Parts 5700 Atlanta Hwy 15,484 SF Retail Building Montgomery, AL 36117 $1,550,000 ($100.10/SF) 7.62% Cap Rate
Investment Highlights
- Freestanding Two-Tenant Retail Asset
- Stable, Predictable Cash Flow from Day One
- Core-Plus Profile: Stability Today with Long-Term Rent Growth
- National Anchor Tenant + Franchisee Operator
- Value-Add Opportunity with Below-Market In-Place Rents
- Strong Visibility Along Atlanta Highway Corridor
Executive Summary
Freestanding, two-tenant retail investment opportunity located at 5700 Atlanta Highway in Montgomery, Alabama. The property is anchored by a national credit tenant alongside a complementary second tenant, both operating under long-term leases, delivering stable and predictable cash flow from day one.
In-place rental rates are below current market levels, providing investors with a clear value-add component through future rent increases and lease rollovers. With low management intensity and strong tenant fundamentals, the asset is ideally positioned as a core-plus investment—offering stability today with meaningful upside over the long term.
This offering is well suited for 1031 exchange buyers and long-term passive investors seeking durable income, inflation protection, and future appreciation in a growing retail corridor.
In-place rental rates are below current market levels, providing investors with a clear value-add component through future rent increases and lease rollovers. With low management intensity and strong tenant fundamentals, the asset is ideally positioned as a core-plus investment—offering stability today with meaningful upside over the long term.
This offering is well suited for 1031 exchange buyers and long-term passive investors seeking durable income, inflation protection, and future appreciation in a growing retail corridor.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,484 SF
Building Class
C
Year Built
1990
Price
$1,550,000
Price Per SF
$100.10
Cap Rate
7.62%
NOI
$118,110
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.56 AC
Zoning
B-3 - In Alabama, B-3 (General Business) zoning districts are typically established to accommodate a wide range of intense, community-wide commercial, retail, service, and office uses.
Parking
30 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
190’ on Atlanta Hwy
Amenities
- Pylon Sign
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
Advance Auto Parts began in 1932 and grew into an automotive aftermarket parts provider serving professional installers and do-it-yourself customers. The company offers parts, accessories, and related shopping support through retail stores, Carquest-branded independent locations, and digital channels that support maintenance, repair, and performance needs. Advance Auto Parts maintains a broad North American market presence, with stores primarily in the United States and additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands.
- Oz's Auto Parts dba Meineke
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Oz's Auto Parts dba Meineke | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-03-07-3-000-003.000 | Improvements Assessment | $189,780 |
| Land Assessment | $122,560 | Total Assessment | $312,340 |
Property Taxes
Parcel Number
09-03-07-3-000-003.000
Land Assessment
$122,560
Improvements Assessment
$189,780
Total Assessment
$312,340
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