Fresh Value Grocery / Fresenius

2020 East South Boulevard Montgomery, AL 36116

2020 East South Boulevard, Montgomery, AL, 36116
Front Elevation
2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116 2020 East South Boulevard, Montgomery, AL, 36116
FOR SALE
Property Type:
Strip Center
Amount:
$3,300,000
Last Verified:
Dec 28, 2024

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Highlights

  • - Recently renovated in 2021, including new RTU's for modern HVAC systems
  • - New roof installed in 2014 for added durability
  • - 100% occupancy ensures immediate returns
  • - Spacious 57,700 SF building offers ample retail opportunities
  • - Established in 1982, demonstrating a solid track record

Description

Presenting a prime investment opportunity in Montgomery, AL! This 57,700 SF building, renovated in 2014 with new RTU's for the Grocery tenant and a new roof, and further updates in 2021, now includes Fresenius as a tenant with new RTU's. The center boasts a strong grocery tenant with minimal competition, while Fresenius benefits from the proximity to the Baptist Hospital campus. With 100% occupancy and a strategic location in the Montgomery MSA area, this property offers a solid history and immediate returns for retail/strip center investors. Don't miss out on securing a valuable asset in a sought-after market.

Discover the bustling SE corner of E. South Blvd and Narrow Lane Road in Montgomery, Alabama, where this two-tenant building is strategically positioned. The area is defined by a strong presence of the medical industry, with the 492-bed Baptist Medical Center South just across from the property. Surrounding neighbors include healthcare providers, a senior living facility, and corporate offices, creating a hub of activity and professional services. With a high daily traffic count and a substantial residential population within a 3-mile radius, the property benefits from being the sole grocer in the area, serving over 23,000 daytime residents. This prime location is at the heart of a thriving community, making it an attractive investment opportunity.


Year Built: 1982
Building Size: 57700sq ft
Lot Size: 5.5 acres

Map of 2020 East South Boulevard, Montgomery, AL, 36116

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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:

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  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.