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Investment Highlights

  • Premier Montgomery retail district
  • Shadow-anchored by Costco
  • Beautifully appointed buildings

Executive Summary

EastChase Market Center. Modern, well-appointed shopping center in Montgomery's premier retail development, boasting an iconic tenant mix including Michaels, Ulta, Old Navy, Royal Furniture, Red Robin restaurant, and Fun City Adventure Park.

Financial Summary (Actual - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
174,910 SF
Building Class
B
Year Built/Renovated
2008/2017
Price
$31,500,000
Price Per SF
$180.09
Cap Rate
7.47%
NOI
$2,352,575
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.18
Lot Size
21.94 AC
Zoning
PUD
Parking
826 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
1,523’ on Eastchase Pky

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Shoe Station began in 1984 as an independent retailer and became part of Shoe Carnival in 2021. The company now operates as a family footwear destination carrying top brands for all ages. Originally a regional chain, Shoe Station joined Shoe Carnival's portfolio and has been expanding its store count nationwide. The company sells through both physical locations and its e-commerce platform. Shoe Station has shown strong sales growth compared to the legacy Shoe Carnival brand, leading to a corporate restructuring plan where most stores will operate under the Shoe Station name.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 7951
  • 15,000-30,247 SF
  • Retail
  • In-Line
  • Now

Large inline retail; formerly JoAnn Fabrics.

Space Size Space Use Position Available
7951 15,000-30,247 SF Retail In-Line Now

7951

Size
15,000-30,247 SF
Space Use
Retail
Position
In-Line
Available
Now

7951

Size 15,000-30,247 SF
Space Use Retail
Position In-Line
Available Now

Large inline retail; formerly JoAnn Fabrics.

Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100

Nearby Major Retailers

Mayweather Boxing + Fitness
Starbucks
Taziki’s Mediterranean Café
Chili's Grill & Bar
Texas Roadhouse
Firebirds Wood Fired Grill
Bonefish Grill
First Watch
Five Guys
Red Robin

Property Taxes

Property Taxes

Parcel Number
09-05-15-3-002-001.003
Land Assessment
$1,528,780 (2025)
Improvements Assessment
$3,674,580 (2025)
Total Assessment
$5,203,360 (2025)
  • Listing ID: 31326833

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 7861-8073 Eastchase Pky, Montgomery, AL 36117

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