FAIRVIEW AVENUE STRIP CENTER · 2019. 5. 13. · Hobbie Dr MarshallSt suwac W Fairview Ave HE YONI}...

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Frank Potts SIOR/CCIM Exclusive Agent 334.277.1000 x229 [email protected] PRESENTED BY: aronovcommercial.com 3500 Eastern Boulevard Montgomery, AL 36116 SALE PRICE $2,000,000 OFFERING SUMMARY Cap Rate: 8.5% NOI: $170,000 Lot Size: 3.3 Acres Year Built: 1965 Building Size: 35,320 SF Zoning: B-2 Traffic Count: 22,750 Price / SF: $56.63 PROPERTY OVERVIEW Fully leased retail center with two credit tenants and two locally owned stores who have been tenants for over 25 years. West Fairview is one of the most intense retail shopping areas in Montgomery featuring the number one McDonald's and Auto Zone, the number three CVS and soon a Walgreens. Other national tenants in the area include Family Dollar, Cash Advance, Dollar General, Citi Trends, Dollar Tree, Hibbet Sports, O'Reilly Auto Parts, Advance Auto Parts, and to name a few. PROPERTY HIGHLIGHTS FULLY LEASED Maxway 17,860 SF City Gear 12,840 SF Dixie Beauty Supply 2,370 SF Cell & More 2,250 SF 128 Parking Spaces Retail Property For Sale 517-525 West Fairview Avenue, Montgomery, AL 36105 FAIRVIEW AVENUE STRIP CENTER

Transcript of FAIRVIEW AVENUE STRIP CENTER · 2019. 5. 13. · Hobbie Dr MarshallSt suwac W Fairview Ave HE YONI}...

  • Frank Potts SIOR/CCIMExclusive Agent334.277.1000 [email protected]

    PRESENTED BY:aronovcommercial.com

    3500 Eastern BoulevardMontgomery, AL 36116

    SALE PRICE $2,000,000

    OFFERING SUMMARYCap Rate: 8.5%

    NOI: $170,000

    Lot Size: 3.3 Acres

    Year Built: 1965

    Building Size: 35,320 SF

    Zoning: B-2

    Traffic Count: 22,750

    Price / SF: $56.63

    PROPERTY OVERVIEWFully leased retail center with two credit tenants and two locally ownedstores who have been tenants for over 25 years. West Fairview is one ofthe most intense retail shopping areas in Montgomery featuring thenumber one McDonald's and Auto Zone, the number three CVS and soona Walgreens. Other national tenants in the area include Family Dollar,Cash Advance, Dollar General, Citi Trends, Dollar Tree, Hibbet Sports,O'Reilly Auto Parts, Advance Auto Parts, and to name a few.

    PROPERTY HIGHLIGHTS• FULLY LEASED

    • Maxway 17,860 SF

    • City Gear 12,840 SF

    • Dixie Beauty Supply 2,370 SF

    • Cell & More 2,250 SF

    • 128 Parking Spaces

    Retail Property For Sale

    517-525 West Fairview Avenue, Montgomery, AL 36105

    FAIRVIEW AVENUE STRIP CENTER

  • Frank Potts SIOR/CCIMExclusive Agent334.277.1000 [email protected]

    PRESENTED BY:aronovcommercial.com

    3500 Eastern BoulevardMontgomery, AL 36116

    Retail Property For Sale

    517-525 West Fairview Avenue, Montgomery, AL 36105

    FAIRVIEW AVENUE STRIP CENTER