Anchored Shopping Center on
For Lease
$12 SF/Yr
5040 Vaughn Road, Montgomery, AL 36116
61,878 SF shopping center with strong tenant base.
Space Size1,300 SF
Property Size61,878 SF
Days on Market157
Property Features for 5040 Vaughn Road
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
61,878 SF
Year Built
1984
Spaces For Lease
at 5040 Vaughn Road Contact us- Size
- 1,300 SF
- Type
- Strip Center
- Term
- Negotiable
Suite 6 $12/SF/Yr
Listing Agency:
NAI Chase Commercial RE Services, Inc. - Birmingham
Listed By:
Vanessa Morris · License #793240
(205) 447-1728
Source:
Chasecommercial
Added: Apr 1
Changed: Aug 8
Last Checked: Sep 4 at 5:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Chase Commercial RE Services, Inc. - Birmingham
Investment Insights
Based on property information with market context.
Vaughn Plaza is a 61,878 square foot shopping center located in Montgomery, AL. The center is 90% leased and features a strong tenant base, with Office Depot as the main anchor for over 30 years. Currently, the center offers suites from 1,300 square feet of vacant space. The center was renovated in 2019-2020, which included a new TPO roof, major parking lot repairs, painting, and an upgraded pylon sign. The property is strategically positioned at the major intersection of Vaughn Road and Eastern Blvd, benefiting from a strong combined traffic count of 86,855+/- VPD. The center is located within a dense retail corridor with many national retailers. The property features a large pylon sign, excellent visibility, multiple ingress/egress points, and ample parking.
Key Highlights
- 90% Leased with a Strong Tenant Base
- Anchored by Office Depot for Over 30 Years
- Located at a Major Intersection with 86,855+/- VPD Traffic Count
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
313k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 36%
Apparel 16%
Office Supplies 5%
Chick-fil-A
Dining
51,222 visits/mo
0.4 miles
T.J. Maxx
Apparel
39,087 visits/mo
0.2 miles
Dollar Tree
Shops & Services
20,249 visits/mo
0.4 miles
Party City
Shops & Services
18,551 visits/mo
0.2 miles
Ollie's Bargain Outlet
Shops & Services
17,774 visits/mo
0.4 miles
Demographics for 36116, AL
43,840
Population
20,007
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
91%
High-School Grad
53.4 sq mi
ZIP Area
821
Density / Sq Mi
$53,973
Median Household Income
$33,039
Median Earnings
$1,056
Median Rent
$137,000
Median Home Value
Market
Vacancy Rate% for Retail in Montgomery, AL
Questions? Ask Rey
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Similar Off Market Nearby
- The Courtyard — 2101 Eastern Blvd, Montgomery, AL 36117
Frequently Asked Questions
What type of property is this?
Shopping center - 61,878 SF shopping center with strong tenant base.
Where is this shopping center located?
The property is located at 5040 Vaughn Road Montgomery, AL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 90% Leased with a Strong Tenant Base; Anchored by Office Depot for Over 30 Years; Located at a Major Intersection with **86,855+/- VPD Traffic Count**
