2020 South Blvd Montgomery, AL 36116
This exceptional investment opportunity presents a 57,700 square foot, single-story, Class B retail center in Montgomery, Alabama. The property boasts a strong tenant lineup featuring Fresenius Kidney Care and Fresh Value grocery store, ensuring 100% occupancy under a triple-net (NNN) lease structure. Built in 2014 and renovated in the same year, the property sits on a substantial 239,432 square foot lot at 2020 E South Blvd, Montgomery, AL 36116 (APN: 1009321006004000). With a stabilized net operating income (NOI) of $271,347 and an attractive 8.22% cap rate, this multi-tenant property offers a compelling return on investment. The asking price is $3,300,000 ($57.19/sq ft). The property benefits from a prime location on US-80, experiencing high traffic counts of 35,000 vehicles per day. Its strategic position within Montgomery's medical hub, near two hospitals with a combined 567 beds and numerous other medical facilities, ensures consistent demand and strong tenant stability. The credit-rated tenants provide further security and peace of mind. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving market.
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A Cost Plus Food Outlet Grocery & Convenience Store Food Market
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ATM Auto Repair Shop Vehicle Inspection Center
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Fresh Value Montgomery Grocery & Convenience Store Food Market
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.