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Signalized-Corner NNN Ground Lease
For Sale
Contact for pricing
Pending

5540 Atlanta Highway, Montgomery, AL 36117

Corporate-backed automotive ground lease on a high-exposure corner opposite Eastdale Mall in Montgomery, Alabama.

Property SizeContact for details
Days on Market42

Property Features for 5540 Atlanta Highway

General Information

Standard status Pending
Property subtype Retail

Site & Location

Traffic Count 29,000 vehicles/day
Road Access Yes
Listing Agency: CP Partners
Listed By: Justin Stark · License #CA 01856228
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 6:59PM

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 CP Partners

Investment Insights

Based on property information with market context.

This offering comprises a brand-new Take 5 Oil Change automotive property structured as an absolute NNN ground lease. The agreement provides a 10-year term and carries a corporate guarantee from Take 5 Oil Change, Inc. Construction was underway with completion anticipated in January 2017.

The property occupies a hard signalized corner at 5540 Atlanta Highway in Montgomery, Alabama, directly across from Eastdale Mall. The regional shopping center is anchored by Dillard’s and Belk. Reported exposure exceeds 29,000 vehicles per day, with nearby retailers including Winn-Dixie, Hobby Lobby, Chick-fil-A, IHOP, Krystal’s, and Advance Auto Parts.

Key Highlights

  • 10‑year absolute NNN ground lease
  • Corporate guarantee from Take 5 Oil Change, Inc.
  • Brand‑new Take 5 Oil Change automotive property

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Big Box & Wholesale Store Garden Center Parking Lot & Garage

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

29,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby
328k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Shops & Services 25% Apparel 23% Superstores 6%
McDonald's Dining
37,525 visits/mo 0.4 miles
JCPenney Apparel
30,561 visits/mo 0.2 miles
Dillard's Apparel
21,956 visits/mo 0.3 miles
Belk Apparel
20,375 visits/mo 0.4 miles
Krispy Kreme Doughnuts Dining
20,345 visits/mo 0.4 miles

Demographics for 36117, AL

53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
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?
NNN property - Corporate-backed automotive ground lease on a high-exposure corner opposite Eastdale Mall in Montgomery, Alabama.
Where is this nnn property located?
The property is located at 5540 Atlanta Highway Montgomery, AL.
What are key features of this property?
This property features: 10‑year absolute NNN ground lease; Corporate guarantee from Take 5 Oil Change, Inc.; Brand‑new Take 5 Oil Change automotive property
(415) 274-2706 Call to check price and availability
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