• Eastchase Venue Strip Center | UNDER CONTRACT - 7743 - 7755 Eastchase Parkway, Montgomery, AL 36117

For Sale

Retail

For Sale

This property is available for sale
0.17
Acres
$3,740,000
Sale Price
  • Year Built
    2019
  • 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 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

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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 Type
    Retail
  • Year Built
    2019
  • Sale Price
    $3,740,000
  • Total Acres
    0.17
  • Cap Rate
    7.0%
  • Number of Floors
    1
  • Last updated
    Dec 25, 2023
  • Property ID
    2191808

Landlord's Sales Representative

  • Thomas Ladt
    Colliers | Carlsbad