request_info_guest true

Forest Hills Shopping Center

$2,700,000

3416 Atlanta Hwy, Montgomery, AL 36109

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

Map:
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
Sublease:
No
SQFT
1,080

3416 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
2,800

3420 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
4,644

3428 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
6,800

3432 Unknown Sub Type

Available:
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)
View
Offering_Memorandum_Forest_Hills_SC.pdf
View
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery