266 Winton M Blount Loop Montgomery, AL 36117-3501
- Commercial land
- 0.51 lot acres
Aug 11, 2023
Current Use by Public Records
- Commercial land
Property Details for 266 Winton M Blount Loop
- Lot size
- 0.51 lot acres
- Zone code
- B-2
- Property type
- Commercial land
- APN
- 09-03-08-4-000-003.028
- APU
- 903084000003028
Description
This exceptional investment opportunity presents a fee-simple, single-tenant Ellianos Coffee located at 266 Winton M Blount Loop, Montgomery, AL 36117. The 800-square-foot, 2024-built property sits on a 0.51-acre lot and benefits from a 15-year NNN lease commencing December 30, 2023, and expiring November 30, 2038, with a remaining term of 14 years. The lease includes 2% annual rent bumps, ensuring consistent income growth. The property boasts a 6.75% cap rate and a current NOI of $108,000. Its prime location across from Baptist Health Center East Campus and two minutes from Auburn University at Montgomery provides exceptional visibility and access to a large customer base, including students, hospital staff, and employees from the surrounding 70+ buildings comprising over 450,000 square feet of office space. The property's strategic placement near major retailers like Walmart and Publix further enhances its appeal. This is a turnkey investment with strong tenant credit (franchisee) and a long-term lease, offering a secure and profitable return. The asking price is $1,600,000. The lease includes a 1, 5-year option. The property is 100% occupied.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.1729
- Latitude
- 32.3787
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA