Retail Plaza on Atlanta
7730 Atlanta Hwy Montgomery, AL 36117
7730 Atlanta Hwy, Montgomery, AL, 36117
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For Sale
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Retail property in Montgomery's east retail submarket with high visibility.
Property Size27,250 SF
Price / SF$144.22
Days on Market117
Property Features for 7730 Atlanta Hwy
General Information
- Standard status
- Active
- Size
- 27,250 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing Agency
Franklin Street
Listed by
Justin Sturdivant · License #TN 333989
Source
Crexi
Added: Mar 23 Checked: Jul 15 at 12:16 pm
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 Franklin Street
Investment Insights
Based on property information with market context.
Somerset Plaza is located along Atlanta Highway, a primary retail corridor in Montgomery, with approximately 22,436 vehicles per day. The property benefits from strong visibility within the city’s east retail submarket. This corridor connects residential neighborhoods with shopping centers, dining, and service businesses. The surrounding area has nearly 90,000 residents within a five-mile radius and average household incomes exceeding $93,000. East Montgomery is a desirable residential area with quality housing and consistent population density, close to retail conveniences. Montgomery’s economy is supported by employers such as Maxwell-Gunter Air Force Base and Hyundai Motor Manufacturing Alabama, plus government, healthcare, and higher education. The property size is 27,250 square feet.
Key Highlights
- Located on Atlanta Highway with high traffic volume (22,436 vehicles per day) and strong visibility.
- Located in East Montgomery, a desirable residential area.
- Benefits from a stable and affluent consumer base with average household incomes exceeding $93,000.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $457.8k | $16.80 |
| − Vacancy | −$25.6k | −$0.94 |
| EGI | $432.2k | $15.86 |
| − OpEx | −$129.6k | −$4.76 |
| NOI | $302.5k | $11.10 |
27,250 SF · lease $16.80/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.32M
$3.78M – $5.04M
NOI $302,514 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.65M
$4.94M – $6.59M
NOI $395,539 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Curves
Gym & Fitness Center
Somerset Shopping Center
Business Service Center
Similar For Sale Nearby
Similar Off Market Nearby
- East Chase Market Center — 7861 Eastchase Pkwy, Montgomery, AL 36117
FAQs
What type of property is this?
Shopping center - Retail property in Montgomery's east retail submarket with high visibility.
Where is this shopping center located?
The property is located at 7730 Atlanta Hwy Montgomery, AL.
What is the asking price?
The asking price for this property is $3,930,000.
What are key features of this property?
This property features: Located on Atlanta Highway with high traffic volume (22,436 vehicles per day) and strong visibility.; Located in East Montgomery, a desirable residential area.; Benefits from a stable and affluent consumer base with average household incomes exceeding $93,000.
