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    3416 Atlanta Hwy Montgomery, AL 36109

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Retail Space Available in Montgomery

    Lot size:
    52,191 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail opportunity presents itself in the form of Forest Hills Shopping Center, a vibrant strip center located at 3416 Atlanta Hwy in Montgomery, Alabama, within Montgomery County (zip code 36109). The property boasts a total building area of 52,191 square feet, situated on a generous 6.08-acre lot. Currently, there is significant space available, totaling 19,392 square feet, offering flexibility for various retail or restaurant concepts. The minimum divisible space is 2,237 square feet, while the maximum contiguous space available is 1,939 square feet. This allows for businesses of varying sizes to find a suitable fit within the center. The property is zoned B-4, reflecting its suitability for commercial development. The center's strategic location in Montgomery provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong community engagement. This is a rare opportunity to secure prime retail space in a thriving Alabama market. The property offers a unique chance to establish or expand a business within a well-established and successful shopping center. Contact us today to learn more about this exciting investment opportunity.

    Property Features for 3416 Atlanta Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,191 SF
    Total Rate
    39143.25

    Unit(s) available at that property

    Space
    Suite 3440
    Size
    19,392 SF
    Rate per SF
    $9
    Space
    Suite 3420
    Size
    19,392 SF
    Rate per SF
    $9

    HighLights

    • Established shopping center in North‑central Montgomery.
    • Restaurant/catering space available for lease.
    • Exterior and parking lot renovated in 2017.
    • Vacant suites are move‑in ready.
    • Prime location on Atlanta Highway, a major Montgomery corridor.
    • Strong surrounding residential communities including Forest Hills, Dalraida, and Morningview.
    Property Profile Location Intelligence

    Current Use by Public Records

    Double Down Bistro Restaurant

    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
    -86.258673
    Latitude
    32.3837585

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available in Montgomery
    Where is this neighborhood center located?
    The property is located at 3416 Atlanta Hwy Montgomery, AL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Established shopping center in North-central Montgomery.; Restaurant/catering space available for lease.; Exterior and parking lot renovated in 2017.
    Request Owner's contact information
    3416 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
    3416 Atlanta Hwy Montgomery, AL 36109
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