fairview avenue strip center · 2019. 5. 13. · hobbie dr marshallst suwac w fairview ave he yoni}...

Frank Potts SIOR/CCIMExclusive Agent334.277.1000 x229frank.potts@aronov.com

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 x229frank.potts@aronov.com

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