2681 South Blvd Montgomery, AL 36116
- Retail properties
- 190,554 SF
Current Use by Public Records
- Unique RESTORATION MINISTRY / Religious Institution
- The Money Store / Store
- Governors Square / Shopping Mall
- Ohio Beauty College / Beauty School
- Lashing Out / Store
Property Details for 2681 South Blvd
- Property size
- 190,554 SF
- Property type
- Retail properties
Description
Governor Square, a Class B retail shopping center in Montgomery, Alabama, presents a significant investment opportunity. Located at 2681 E South Blvd, 36116, this 190,554 square foot property sits on a 20.49-acre lot at a high-traffic intersection. The center boasts excellent visibility and accessibility, situated at the intersection of US 231 (30,216 AADT) and E. South Boulevard (34,964 AADT). This prime location benefits from proximity to educational and government institutions, as well as numerous established multi-family residential communities, ensuring a strong customer base. Currently, there is 87,342 square feet of vacant space available, divisible into units as small as 1,300 square feet, with a maximum contiguous space of 24,725 square feet. Twelve spaces are currently available for lease. The property's multiple tenancy structure offers flexibility for a variety of retail businesses. This is an exceptional opportunity to acquire a well-positioned retail center in a thriving Montgomery County market. The property is categorized as Commercial, Shopping Center within the Montgomery County area.
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
- -86.251
- Latitude
- 32.3288
