Fresh Value Grocery / Fresenius
2020 East South Boulevard
Montgomery, AL 36116
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.