100-156 Mendel Pkwy. - 17,516 SF, 15-unit Retail Strip Center

100 Mendel Pkwy Montgomery, AL 36117

100 Mendel Pkwy, Montgomery, AL, 36117
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FOR SALE FOR LEASE
Property Type:
Strip Center
Amount:
$1,800,000
Last Verified:
Aug 26, 2024

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Highlights


Description

Discover an exceptional investment opportunity at 100 Mendel Pkwy, Montgomery, AL. This expansive 17,516 SF building, offers a prime retail/strip center prospect. Zoned B-3 (Highway Commercial), this property boasts high desirability and potential. With an impressive 87% occupancy rate and only 2 vacancies, it's a testament to its appeal. The 70 parking spaces and 365' road frontage on Mendel Pkwy ensure accessibility and visibility, while the ALDOT 2022 traffic count of 42,657 daily underscores its strategic location. Don't miss the chance to capitalize on this sought-after investment. The property is landscaped with Holly Bushes and Crape Myrtles. For more information or to schedule your showing. Financials are available upon request. Contact Ed Fleming at 334-652-2121 or Mickey Phillips at 334-312-1100.

Located in the heart of Montgomery, this prime location offers access to a thriving business community and a wealth of nearby amenities. The area has a vibrant mix of dining, shopping, and entertainment options, providing an ideal setting for attracting and retaining customers. Just minutes from the historic downtown district. With its convenient access to major roadways and an array of attractions, the location promises to provide a dynamic and enriching work environment for future tenants, employees, and customers.


Year Built: 1989
Building Size: 17516sq ft
Lot Size: 1.25 acres


Documents

Sale Brochure
Lease Brochure

Map of 100 Mendel Pkwy, Montgomery, AL, 36117

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.