1540 Eastern Blvd Montgomery, AL 36117
Woodmere Crossing offers 42,432 square feet of retail space in a single, one-story building constructed in 2004. This Class B shopping center features six suites, with two spaces currently available, ranging from 2,400 to 15,300 contiguous square feet. A total of 17,700 square feet is currently vacant, presenting a significant opportunity for expansion or build-to-suit options. The property sits on a 7.36-acre lot with 376 surface parking spaces, ensuring ample customer parking. Strategically located on Eastern Boulevard, just one mile from Interstate 85, Woodmere Crossing benefits from exceptional visibility and high traffic counts, with over 44,634 cars passing daily. The center enjoys strong anchor tenants including Jason's Deli and Octapharma, with Crunch Fitness and Aldi located nearby. A McDonald's occupies an outparcel, and Golden Corral and Lowe's Home Improvement are in close proximity. The property offers 250 feet of road frontage on Eastern Boulevard, and there's potential for an additional 19,000 square foot anchor space or expansion on a retail pad site between Aldi and the former Petco location. This presents a compelling opportunity for ground lease or build-to-suit development. The property's cross street is Woodmere Boulevard.
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fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
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Sea And Stream Escapes Aquarium
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Petco Grooming Pet Grooming Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.