PUD-Zoned Retail
For Sale
$1,250,000
6971 Eastchase Loop, Montgomery, AL 36117
PUD-zoned retail space within The Shoppes At Eastchase in East Montgomery.
Property Size5,040 SF
Days on Market110
Property Features for 6971 Eastchase Loop
General Information
Standard status
Active
Size
5,040 SF
Property subtype
Street Retail
Building Details
Building Size
5,040 SF
Year Built
2003
Properties For Sale
at 6971 Eastchase Loop Contact us- Size
- 5,040 SF
- Lease Type
- NNN
6971 Eastchase Loop
Listing Agency:
Moore Company Realty, Inc
(334) 262-1958
Listed By:
Gene Cody, CCIM
(334) 262-1958
Source:
Thebrokerlist
Added: May 14
Changed: Aug 30
Last Checked: Aug 30 at 12:53PM
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 Moore Company Realty, Inc
Investment Insights
Based on property information with market context.
This retail property includes a 5,040 SF building constructed in 2003 and configured with 124 units. The asset is zoned PUD, providing a planned-development setting for retail occupancy and storefront-oriented commercial use.
The property is located at 6971 Eastchase Loop in Montgomery, within The Shoppes At Eastchase. Direct access to major thoroughfares connects the site with surrounding areas and supports convenient movement to and from the retail center.
The property is located at 6971 Eastchase Loop in Montgomery, within The Shoppes At Eastchase. Direct access to major thoroughfares connects the site with surrounding areas and supports convenient movement to and from the retail center.
Key Highlights
- 5,040 SF retail building
- Constructed in 2003
- 124‑unit configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,951
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,119,020
$1.1M
Cap Rate 7%
$799,300
$799.3K
Cap Rate 9%
$621,678
$621.7K
Market Conditions
NOI Build-Up for 5,040 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.7K $16.80/SF
− Vacancy
−$4.7K −$0.94/SF
EGI
$79.9K $15.86/SF
− OpEx
−$24.0K −$4.76/SF
NOI
$56.0K $11.10/SF
Area
Montgomery, AL
Vacancy
5.60%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,119,020
Cap Rate 7%
$799,300
Cap Rate 9%
$621,678
Alternative Uses
Best Use
Retail
$799.3K
$699.4K – $932.5K
NOI $55,951 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$914.5K – $1.22M
NOI $73,157 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
488k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Apparel 27%
Shops & Services 9%
Beauty & Spa 3%
Chick-fil-A
Dining
64,868 visits/mo
0.1 miles
Dillard's
Apparel
49,182 visits/mo
0.4 miles
Whataburger
Dining
30,774 visits/mo
0.1 miles
Starbucks
Dining
24,746 visits/mo
0.1 miles
Chili's Grill & Bar
Dining
23,076 visits/mo
0.5 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - PUD-zoned retail space within The Shoppes At Eastchase in East Montgomery.
Where is this retail space located?
The property is located at 6971 Eastchase Loop Montgomery, AL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5,040 SF retail building; Constructed in 2003; 124‑unit configuration
