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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29850519
29850520

9035 Eastchase Pkwy, Montgomery, AL 36117 For Sale

MB
GA 385824
SRS Real Estate Partners Atlanta
DP
AL 000057829
Aronov Realty Brokerage
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
$2,964,000
151 days on market
Updated 20 days ago

Slim Chickens - Montgomery AL

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,800
Net Rentable (SqFt) 2,800
Cap Rate 6.75%
NOI $200,040
Occupancy 100%
Tenancy Single
Brand/Tenant Slim Chickens
Lease Type Absolute NNN
Lease Term 13
Lease Expiration 01/01/2039
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $1,059
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 1
Stories 1
Acreage 1.650
Zoning B-2
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/01/2024
Ground Lease No
Ownership Fee Simple

Retail | 6.75% CAP | 2,800 SqFt

Marketing description

Presenting an exceptional opportunity for Retail investors. This prime property offers a strategically positioned 2,800 SF building, constructed in 2024 and currently boasting 100% occupancy by Slim Chickens. Zoned B-2, the property enjoys high visibility at a traffic light intersection in a high-traffic retail zone. With the ever-growing Pike Road area just minutes from EastChase, this property is primed to capitalize on the area's continuous expansion, making it a compelling investment choice for those seeking a lucrative retail opportunity with enduring potential. Please contact David Potts for financials and any additional information needed.

Situated in East Montgomery, this prime location offers a vibrant commercial landscape for Retail investors. Nestled within close proximity to high traffic landmarks such as the Shoppes at Eastchase, this area boasts a strong retail presence, drawing in a steady stream of business. With its convenient access to major roadways like I-85, the location presents an enticing opportunity for investors seeking to capitalize on the dynamic retail market in Montgomery.

Investment highlights

  • High Traffic Retail Area
  • Excellent Visibility at a Traffic Light Intersection
  • Three Hotels Under Construction Directly Across the Street
  • Just Minutes from Eastchase is the Fast Growing Town of Pike Road, Alabama

Listing Contacts

MB
GA 385824
SRS Real Estate Partners Atlanta
DP
AL 000057829
Aronov Realty Brokerage
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$200,040.00
$16,670.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Martin Smith
License
000070431
Brokerage
SRS Real Estate Partners, LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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