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    3391 Atlanta Hwy Montgomery, AL 36109

    For Lease
    $11 SF/Yr ($6,494 /Mo)

    Prime Montgomery retail strip center with 4 spaces available.

    Lot size:
    6,777 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    The Holliday Center, a 6,777 square foot retail strip center in Montgomery, Alabama, presents a compelling investment opportunity. Located at 3391 Atlanta Highway, this property boasts a prime location at the corner of Atlanta Highway and Holliday Drive, benefiting from high visibility and accessibility. The center features 16 total parking spaces and sits on a 0.51-acre lot, zoned B-2. Currently, there are four available spaces ranging from 1,300 to 1,546 square feet, totaling 1,378 square feet of vacant space. The center is strategically positioned within established residential communities like Forest Hills, Dalraida, and Morningview, ensuring a consistent customer base. Its proximity to major retailers such as AutoZone, Advanced Auto Parts, CVS, and McDonald's further enhances its appeal. The high traffic volume on Atlanta Highway, averaging approximately 29,000 vehicles daily (AADT), provides significant exposure. Furthermore, its convenient location is approximately 2 miles from Interstate 85 and within a 2-mile radius of Maxwell Air Force Base Gunter Annex and approximately 2.2 miles from Downtown Montgomery. This property offers a unique blend of location, accessibility, and established surrounding businesses, making it an ideal investment for retail businesses seeking a thriving market in Montgomery, Alabama. The property's zip code is 36109.

    Property Features for 3391 Atlanta Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,777 SF
    Total Rate
    6494.63

    Unit(s) available at that property

    Space
    Unit 9
    Size
    1,378 SF
    Rate per SF
    $11
    Space
    Unit 3
    Size
    1,300 SF
    Rate per SF
    $11
    Space
    Unit 5
    Size
    1,300 SF
    Rate per SF
    $11
    Space
    Unit 13
    Size
    1,546 SF
    Rate per SF
    $11
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jim Massey's Cleaners ... Dry Cleaner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.259499204663
    Latitude
    32.38534041658

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    FAQs

    What type of property is this?
    Retail property - Prime Montgomery retail strip center with 4 spaces available.
    Where is this retail property located?
    The property is located at 3391 Atlanta Hwy Montgomery, AL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    Request Owner's contact information
    3391 Atlanta Hwy Montgomery, AL 36109
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    Montgomery, AL 36109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3391 Atlanta Hwy Montgomery, AL 36109
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