Search
Family Dollar-Anchored Shopping Center
For Sale
Contact for pricing

4949 Mobile Highway, Montgomery, AL 36108

Retail center with a national discount anchor and access to three major highways.

Property SizeContact for details
Days on Market145

Property Features for 4949 Mobile Highway

General Information

Standard status Active
Property subtype Retail
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Kyle Hartung · License #OH SAL.2003016343
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 8:24AM

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 Goodman Real Estate Services Group LLC

Investment Insights

Based on property information with market context.

Heritage Place Shopping Center comprises 19,800 square feet of retail space with Family Dollar as the anchor tenant. Family Dollar has committed to a new 7-year lease, and the property is currently 55% leased. The center is positioned along U.S. 31 in Montgomery, Alabama, with retail space serving nearby neighborhoods and the broader market.

The property is just south of U.S. 80 and west of Interstate 65, providing access to three major highways and the Montgomery Regional Airport. U.S. 31 carries 19,280 VPD and functions as a primary business corridor. Hyundai Motor Manufacturing Alabama is within 2 miles, while surrounding retail and service users include CVS, Dollar Tree, Church’s Chicken, Regions Bank, Stop N Go, Advance Auto Parts, and Big Lots Distribution Center.

Key Highlights

  • Family Dollar anchor with a new 7‑year lease commitment
  • 19,800 square feet of retail space
  • Property is currently 55% leased

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Law Firm Dental Office Building Supply Auto Repair Shop Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby
60k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 38% Shops & Services 38% Dining 20% Apparel 5%
Winn-Dixie Groceries
22,781 visits/mo 0.2 miles
Dollar Tree Shops & Services
8,517 visits/mo 0.2 miles
Church's Chicken Dining
5,828 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
5,006 visits/mo 0.1 miles
Krispy Krunchy Chicken Dining
4,640 visits/mo 0.3 miles

Demographics for 36108, AL

17,117
Population
8,326
Households
2.1
Avg Household Size
42
Median Age
14%
College-Educated
78%
High-School Grad
70.3 sq mi
ZIP Area
243
Density / Sq Mi
$32,622
Median Household Income
$24,833
Median Earnings
$786
Median Rent
$73,700
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Winn Dixie, 4724 Mobile Hwy, Montgomery, AL 36108
  • Southlawn Shopping Center 4724 Mobile Hwy, Montgomery, AL 36108

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with a national discount anchor and access to three major highways.
Where is this shopping center located?
The property is located at 4949 Mobile Highway Montgomery, AL.
What are key features of this property?
This property features: Family Dollar anchor with a new 7‑year lease commitment; 19,800 square feet of retail space; Property is currently 55% leased
(216) 381-8200 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message