5040 Vaughn Rd Montgomery, AL 36116
- Neighborhood centers
- 61,878 SF
Current Use by Public Records
- Labor SMART, Inc. / Temp Agency
Property Details for 5040 Vaughn Rd
- Year built
- 1984
- Property size
- 61,878 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Vaughn Plaza Shopping Center, located at 5040 Vaughn Rd, Montgomery, AL 36116, presents a prime retail investment opportunity. This single-story, 61,878 square foot strip center boasts a strong tenant base, anchored by Office Depot for over three decades. Currently, 90% leased, the center offers a readily available 6,000 square foot space, ideal for a variety of retail uses. Built in 1984 and extensively renovated in 2019-2020, the property features a new TPO roof, a significantly improved parking lot, fresh paint, and an upgraded pylon sign. The 5.3-acre lot is zoned B3, providing flexibility for potential tenants. The minimum divisible space is 6,000 square feet, with a maximum contiguous space also at 6,000 square feet. The center comprises 16 suites in total. The property features no elevators. Property records indicate the APN as 10 07 25 2 004 002.000. This well-maintained center offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Montgomery market. The available space presents a unique chance to join a thriving retail community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2212
- Latitude
- 32.3426
