960 Lagoon Business Loop Montgomery, AL 36109
This exceptional storefront property, located at 960 Lagoon Business Loop in Montgomery, Alabama (zip code 36109), presents a compelling investment opportunity. Priced at $2,236,000, this retail space boasts a strong 5.00% capitalization rate and a net operating income (NOI) of $123,000 annually. The property features a corporate lease with a national credit tenant, ensuring consistent income. The current five-year lease term expires on March 31, 2028. This location offers convenient access to Montgomery's industrial areas and numerous restaurants. A significant advantage is the property's backing onto the Lagoon Park Golf Course. The lease is a NNN (Net, Net, Net) structure, meaning the landlord's responsibility is limited to the building's structure and roof. This low-maintenance investment provides a secure and profitable return, making it an ideal addition to any portfolio. The property's prime location and strong tenant history make it a highly desirable asset in the Montgomery market. This is a rare opportunity to acquire a stable, high-performing retail investment.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.