Forest Hills Shopping Center
$2,700,000
3416 Atlanta Hwy, Montgomery, AL 36109
For Sale
Retail
Street Retail
Active
Last Updated: 07/02/2025
6.43
Cap Rate
160,762
NOI
Details:
Cap Rate: 6.43%
NOI: $160,762
Building Size: 52,191 sqft
Lot Area: 6.08 acres
Occupancy: 88%
Year Built: 1960
Floors: 1
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
15 Spaces Available
3404 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
1,200
3408 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
1,080
3412 Unknown Sub Type
Available:
Immediately
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No
SQFT
1,080
3416 Unknown Sub Type
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Immediately
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No
SQFT
2,800
3420 Unknown Sub Type
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Immediately
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No
SQFT
4,644
3428 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
6,800
3432 Unknown Sub Type
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Immediately
Sublease:
No
SQFT
5,711
3444 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
2,500
3440 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
2,237
3444 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
2,500
3448 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
3,000
3452 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
9,564
3454 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
4,123
3456 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
1,800
3458 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
2,044
Documents:
Title | ||
---|---|---|
Lease Brochure (L) | ||
Offering_Memorandum_Forest_Hills_SC.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location

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