Eastchase Venue Strip Center | UNDER CONTRACT - 7743 - 7755 Eastchase Parkway, Montgomery, AL 36117
For Sale
For Sale
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Year Built
2019
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Overview
SECURE INCOME STREAM
100% Occupied by Bad Daddy’s Burgers, Jersey Mike’s, Simple Greek, and Great Clips
10-Year Leases with Increases Every 5 Years
New 2019 Construction, Minimal Landlord Responsibilities, and 15-Year Roof Warranty
Outparcel to New Best Buy and Burlington Center, Next to Panda ExpressPROXIMITY
142,238 Residents in Primary Trade Area
Average Household Income of $107,263 in 3-Mile Radius
Situated within Eastchase, a 330-Acre Mixed-Use Development with 1M SF of Retail, 4 Hotels and Class A Office Buildings
Strong Daytime Population, 143,477 Employees within 7 Miles
Surrounding Retailers Include Target, Costco, Walmart, Home Depot, Dick’s, Ross, Marshalls, HomeGoods, Hobby Lobby and Whole Foods
Excellent Access to I-85 with 82,250 Cars/DaySTRONG MARKET FUNDAMENTALS
Minutes to Hyundai’s $1.8 Billion Manufacturing Facility with 3,100 Employees
Serving 18,756 Students Attending Five Colleges/Universities Nearby
2.5 Miles to Baptist Medical Center, a 176-Bed Hospital with 1,000+ Employees
Home to Maxwell Air Force Base with a Population of 25,000, Gunter Annex and Air University with 20,000 Students
Montgomery is the Capital of Alabama, 4th Most Populated City in Alabama
Property Details
SECURE INCOME STREAM
100% Occupied by Bad Daddy’s Burgers, Jersey Mike’s, Simple Greek, and Great Clips
10-Year Leases with Increases Every 5 Years
New 2019 Construction, Minimal Landlord Responsibilities, and 15-Year Roof Warranty
Outparcel to New Best Buy and Burlington Center, Next to Panda Express
PROXIMITY
142,238 Residents in Primary Trade Area
Average Household Income of $107,263 in 3-Mile Radius
Situated within Eastchase, a 330-Acre Mixed-Use Development with 1M SF of Retail, 4 Hotels and Class A Office Buildings
Strong Daytime Population, 143,477 Employees within 7 Miles
Surrounding Retailers Include Target, Costco, Walmart, Home Depot, Dick’s, Ross, Marshalls, HomeGoods, Hobby Lobby and Whole Foods
Excellent Access to I-85 with 82,250 Cars/Day
STRONG MARKET FUNDAMENTALS
Minutes to Hyundai’s $1.8 Billion Manufacturing Facility with 3,100 Employees
Serving 18,756 Students Attending Five Colleges/Universities Nearby
2.5 Miles to Baptist Medical Center, a 176-Bed Hospital with 1,000+ Employees
Home to Maxwell Air Force Base with a Population of 25,000, Gunter Annex and Air University with 20,000 Students
Montgomery is the Capital of Alabama, 4th Most Populated City in Alabama
- Property TypeRetail
- Year Built2019
- Sale Price$3,740,000
- Total Acres0.17
- Cap Rate7.0%
- Number of Floors1
- Last updatedDec 25, 2023
- Property ID2191808