3441 Malcolm Dr

    Montgomery, AL 36116
    • $4,000,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 845492
    UPDATED: 21 min ago
    $4,000,000
    • 0
      BEDS
    • 2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,720
      SQFT
    • $214
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:

    School Ratings & Info

    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

    © 2019 Greater Alabama Multiple Listing Service, Inc. 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 Brik Realty. Data last updated: 2019-05-24T17:30:25.383.
    www.brikrealty.com/homes/93359277

    3441 Malcolm Dr Montgomery, AL 36116

    • Price: $4,000,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 845492
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2
    Acres
    18,720
    SQFT
    $214
    $/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/VinylWoodWall-To-Wall Carpet Heating 2+ SystemsZoned Interior Sheetrock Rooms KitchenOther OfficesPrivate OfficesPrivate RestroomsPublic RestroomsReception Area

    Property Features

    Building Name Billingsley Promenade Financing ConventionalExchange/TradeOtherCash Leases Annual LeasesLong Term LeaseRental Comm Involved Property Includes EquipmentFixtures Property To Remain Gas StoveRefrigerator Sale Includes Building & Land Sales Type As Is Sewer / Septic Connected Type Of Business Food ServiceOffice BuildingProfessional ServiceRetailShopping CenterSports & Entertainment Water Public Water Year Built Desc Existing Zoning Pud

    Listing provided courtesy of Keller Williams Realty Vestavia. © 2019 Greater Alabama Multiple Listing Service, Inc.
    © 2019 Greater Alabama Multiple Listing Service, Inc. 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 Brik Realty. Data last updated: 2019-05-24T17:30:25.383.
     
    Brik Realty
    2901 2nd Ave. S. Suite 230
    Birmingham AL, 35233