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Single-Tenant NNN Restaurant
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1115 Coliseum Blvd, Montgomery, AL 36110

New Grill Pollo location is being renovated to a 2022 prototype under a 20-year absolute NNN lease.

Property SizeContact for details
Lot Size1.55 Acres
Days on Market134

Property Features for 1115 Coliseum Blvd

General Information

Standard status Active
Lot size 1.55 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Kyle Matthews · License #REC.2020005555
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:37AM

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 Matthews

Investment Insights

Based on property information with market context.

Matthews Real Estate Investment Services exclusively presents the sale of a new Grill Pollo location in Montgomery, Alabama. The property is currently being renovated to Grill Pollo’s new 2022 prototype. Grill Pollo has signed a 20-year Absolute NNN lease, with 2% annual increases through the base term and option periods.

The site is positioned on a 1.55-acre parcel at a signalized 4-way intersection in the middle of Alabama’s state government hub, supporting retail visibility from a multi-directional roadway setting.

This offering is structured around a single-tenant, NNN lease configuration with scheduled annual rent increases over the full lease term and options.

Key Highlights

  • Being renovated for a new Grill Pollo 2022 prototype
  • 20‑year absolute NNN lease recently signed
  • Lease includes 2% annual increases through the base term and option periods

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby
43k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 80% Shops & Services 18% Hotels & Casinos 2%
Walmart Neighborhood Market Groceries
34,679 visits/mo 0.2 miles
Guardian Credit Union Shops & Services
6,298 visits/mo 0.4 miles
Penske Truck Rental Shops & Services
844 visits/mo 0.4 miles
Motel 6 Hotels & Casinos
829 visits/mo 0.3 miles
Gerber Collision & Glass Shops & Services
487 visits/mo 0.4 miles

Demographics for 36110, AL

11,492
Population
5,072
Households
2.3
Avg Household Size
38
Median Age
10%
College-Educated
77%
High-School Grad
29.5 sq mi
ZIP Area
390
Density / Sq Mi
$41,140
Median Household Income
$31,337
Median Earnings
$1,014
Median Rent
$81,200
Median Home Value

Market

Vacancy Rate% for Retail in Montgomery, AL

10.9% 2020
10.5% 2021
10.4% 2022
11.6% 2023
11.4% 2024
9.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - New Grill Pollo location is being renovated to a 2022 prototype under a 20-year absolute NNN lease.
Where is this conventional restaurant located?
The property is located at 1115 Coliseum Blvd Montgomery, AL.
What are key features of this property?
This property features: Being renovated for a new Grill Pollo 2022 prototype; 20‑year absolute NNN lease recently signed; Lease includes 2% annual increases through the base term and option periods
More about this property
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