2540 Eastern Blvd Montgomery, AL 36117
For Lease
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Montgomery Promenade offers five available retail spaces ranging from 1,423 to 13,524 square feet, situated at a high-traffic intersection in Montgomery County. This strip center boasts excellent visibility and accessibility, located just 1.2 miles from I-85, ensuring high consumer traffic. The property benefits from a strong tenant mix, with nearby established retailers including Home Depot, Lowe's, Ollie's, Guitar Center, Conn's, TJ Maxx, Party City, Dollar Tree, Petco, and Harbor Freight. This prime location provides exceptional opportunities for businesses seeking high visibility and convenient access for customers. The available spaces are ideal for a variety of retail uses, offering flexibility for businesses of different sizes. The property's strategic location within a thriving retail corridor ensures a robust customer base and significant potential for growth. The multiple tenancy structure provides a diverse and vibrant shopping environment, attracting a wide range of shoppers. This is a rare opportunity to secure retail space in a high-demand area with proven success. Interested parties are encouraged to inquire for further details and availability. The property is well-maintained and ready for immediate occupancy. The spaces are adaptable and can be customized to meet specific tenant requirements. This is an exceptional investment opportunity in a rapidly growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B-3 · Montgomery, ALMontgomery. Always verify with local authorities before improvements.
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.