VALUE ADD. Net Investment.
$2,750,000
243 Catoma St, Montgomery, AL 36104
6.92
Cap Rate
172,992
NOI
Details:
Highlights:
- -Opportunity Zone!
- -Investment Warehouse/Flex space located in CBD
- - 68,000 SF industrial building with 5 units
- - Renovated in 2019 with new roof and windows
- - Zoned T-2 Smart Code in Montgomery CBD area
- - 96% occupancy with Advanced Auto Parts as current tenant
- - Abundant natural light and excellent parking
- - Equipped with a sprinkler system for added safety
- - Frontage on three streets: 243 Catoma St., 523 Bibb St. & 134 Wilkinson St.
- - Proximity to I-85/I-65 interchange (1.1± miles)
Description:
Introducing an exceptional investment opportunity in the heart of Montgomery's CBD area. This 68,000 SF industrial property, with 5 units, presents a prime chance for warehouse/distribution investors. Renovated in 2019, the building boasts modern features, including a new roof and windows, bringing in abundant natural light. With a 96% occupancy rate and a current tenant like Advanced Auto Parts, this property offers stability and potential for growth. Zoned T-2 Smart Code and situated in an Opportunity Zone, the location also offers excellent parking and a sprinkler system. Frontage on three streets and proximity to the I-85/I-65 interchange further enhance this compelling investment opportunity.
Investment Retail / Warehouse/ Flex space located in Downtown Montgomery, close to I-65, and located on three streets: 243 Catoma St., 523 Bibb St. & 134 Wilkinson St.
Documents:
Title | ||
---|---|---|
Lease Brochure 243 Catoma St V2 | ||
243 Catoma_Offering Memorandum | ||
243_Catoma_St_Sale_Brochure.pdf |
Location

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