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23127448
23127449

3000 Rosa L Parks Ave, Montgomery, AL 36105

GC
AL 000084543
Moore Company Realty
Listed by Moore Company Realty
$2,187,467
406 days on market
Updated 1 day ago

CVS / Oak St. Health

Details
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 10,000
Units 1
Cap Rate 7.46%
Occupancy 100%
Tenancy Single
Brand/Tenant CVS Pharmacy
Remaining Term 4
Rent Bumps No
Class A
Year Built 2000
Buildings 1
Stories 1
Acreage 1.260
Zoning B-2
Investment Type Core+

CVS/Oak Street Health | 7.46 % CAP

Marketing description

Introducing a prime investment opportunity at 3000 Rosa L Parks Ave, Montgomery, AL. This impressive 10,000 SF building, constructed in 2000, offers a lucrative prospect for retail/free standing building investors. Zoned B-2 and boasting full occupancy, this property presents a stable income stream. Situated in the heart of Montgomery, the strategic location provides excellent visibility and accessibility. With esteemed tenants like CVS / Oak St. Health, this property benefits from high traffic, averaging 45.7K visits annually. Conveniently positioned near major interstates and downtown Montgomery, this asset offers an enticing blend of stability and potential.

Investment highlights

  • CVS / Oak St. Health

  • 4 years left on current term

  • Oak Street Health clinic specializes in providing primary care services primarily to seniors and Medicare patients. The clinic offers a range of services including chronic condition management, preventive care, immunizations, and laboratory testing

  • This CVS averages 45.7K visits annually

  • Located on the corner of W Fairview Ave and Rosa L Parks Ave (W Fairview Ave Traffic Counts ± 13,021 AADT)

  • The surrounding area has a diverse population with significant numbers of households and varying median incomes. As of 2024 estimates, the total population within a one-mile radius is approximately 9,788 people

  • ± 0.2 Miles to I-65 (Traffic Counts ± 85,089 AADT)

  • ± 2 Miles to the I-65 / I-85 Interchange

  • ± 2.5 Miles to Downtown Montgomery

Listing Contacts

GC
AL 000084543
Moore Company Realty
Listed by Moore Company Realty

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