Forest Hills Shopping Center

Highlights:

• The subject property consists of ± 52,191 square feet (SF) of retail space situated on ± 6.08 acres.
• It is strategically located in the center of Montgomery along Atlanta Highway, which is recognized as a major corridor in the area.
• The Atlanta Highway experiences significant traffic, with an average daily traffic count of 25,278 vehicles (AADT).
• Recent Renovations: The exterior and parking facilities underwent remodeling and resurfacing in 2017, enhancing the overall appearance and functionality of the property.
• The retail center features national tenants such as Aarons Rents and H&R Block, indicating a stable tenant mix that attracts foot traffic.
• The property is in proximity to several established neighborhoods, including Forest Hills, Dalraida, and Morningview, which can contribute to a steady customer base.

Description:

Introducing an exceptional investment opportunity located at 3416 Atlanta Hwy, Montgomery, AL. This meticulously renovated 52,191 SF retail space, boasting an impressive 88% occupancy, presents a prime offering for Retail / Street Retail investors. Strategically situated on 6.08 acres and zoned B-4, this property enjoys high visibility along Atlanta Highway, a bustling thoroughfare with an average daily traffic count of 25,278 vehicles. With recent exterior and parking facility renovations, and a stable tenant mix featuring national brands, this property promises a lucrative venture in the heart of Montgomery.

ATLANTA HIGHWAY, A MAJOR MONTGOMERY THOROUGHFARE

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