Skip To Content

--
  • --
    BEDS
  • --
    ACRES
  • --
    BATHS
  • --
    1/2 BATHS
  • --
    SQFT
  • --
    $/SQFT

Listing Details

Status
--
On Site
--
On Market
--
MLS #
--
Neighborhood
--
Type
--
Built
--
County
--
Area
--

School Ratings & Info

Listing provided courtesy of Keller Williams Realty Vestavia.
© 2021 Greater Alabama MLS.



Description

Excellent Class A Retail property for sale. Occupancy rate is 90%, with multiple tenants. Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft. Rental rates increase annually at a rate of 5%. Great investment opportunity.

Monthly Payment Calculator



© 2021 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Bailey Real Estate Group | EXIT Realty Prime. Data last updated: 2021-09-19T14:30:21.313.

www.baileyreg.com/homes/93359277
Print Image

3441 Malcolm Drive Montgomery, AL 36116

  • Price: $3,500,000
  • Status: Active
  • Updated: 58 min ago
  • MLS #: 845492
0
Beds
0
Baths
0
½ Baths
2
Acres
18,720
SQFT
$187
$/SQFT
2008
Built
Neighborhood:
Montgomery County
County:
Montgomery
Area:
Montgomery County
Property Description
Excellent Class A Retail property for sale. Occupancy rate is 90%, with multiple tenants. Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft. Rental rates increase annually at a rate of 5%. Great investment opportunity.
Exterior Features

Commercial Property Type Retail Construction Aluminum/SteelConcrete BlockGlassOther Flood Plain YN No Parking Spaces Off Street €€Œ PublicUnassigned Street Property Access Paved RoadSidewalkStreet Frontage

Interior Features

Cooling 2 SystemsCeiling Fans Floors Concrete (Floor)OtherTile/VinylWall-To-Wall CarpetWood Heating 2+ SystemsZoned Interior Sheetrock Rooms KitchenOther OfficesPrivate OfficesPrivate RestroomsPublic RestroomsReception Area

Property Features

Building Name Billingsley Promenade Financing CashConventionalExchange/TradeOther Leases Annual LeasesLong Term LeaseRental Comm Involved Miscellaneous 3 Phase Elec SystemColumns/PostCommon WallFire AlarmHandicapped FeatsSecurity LightingSecurity SystemSmoke AlarmSprinkler System Property Includes EquipmentFixtures Property To Remain Gas StoveRefrigerator Sale Includes Building &Amp; Land Sale Rent For Sale Sales Type As Is Sewer / Septic Connected Type Of Business Food ServiceOffice BuildingProfessional ServiceRetailShopping CenterSports &Amp; Entertainment Water Public Water Year Built Desc Existing Zoning Pud



© 2021 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Bailey Real Estate Group | EXIT Realty Prime. Data last updated: 2021-09-19T14:30:21.313.

 
https://bt-photos.global.ssl.fastly.net/birmingham/orig_boomver_1_845492-2.jpg https://bt-photos.global.ssl.fastly.net/birmingham/orig_boomver_1_845492-2.jpg https://bt-photos.global.ssl.fastly.net/birmingham/orig_boomver_1_845492-2.jpg
Logo
Bailey Real Estate Group | EXIT Realty Prime
2057 Valleydale Rd., Suite 100
Birmingham AL, 35244
Listing provided courtesy of Keller Williams Realty Vestavia.
© 2021 Greater Alabama MLS.