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3441 MALCOLM DR $4,000,000

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3441 MALCOLM DR MONTGOMERY, AL 36116

  • 2.00 Acres
  • Commercial
MLS# 845492 | Active

$4,000,000

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Days On Market: 48 0 Views
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Property Details

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.

  • General Features
    • County Montgomery
    • MLS Market Area Montgomery County
    • Property Type Retail
    • Sale Includes Building and Land
    • Sales Type As Is
    • Year Built 2008
    • Year Built Desc Existing
  • BuildingFeatures
    • Building Name Billingsley Promenade
    • Cooling 2 Systems, Ceiling Fans
    • Construction Aluminum/Steel, Concrete Block, Glass, Other
    • Flood Plain Y/N No
    • Heating 2+ Systems, Zoned
    • Floors Concrete (FLOOR), Other, Tile/Vinyl, Wood, Wall-to-Wall Carpet
    • IDX Include Yes
    • Interior Sheetrock
    • Leases Annual Leases, Long Term Lease, Rental Comm Involved
    • ROOMS Kitchen, Other Offices, Private Offices, Private Restrooms, Public Restrooms, Reception Area
    • Number of Buildings 1
    • Number of Stories 1
  • Room Features
    • Type of Business Food Service, Office Building, Professional Service, Retail, Shopping Center, Sports and Entertainment
  • Property Features
    • Number of Acres 2
    • Street Property Access Paved Road, Sidewalk, Street Frontage
    • Property Includes Equipment, Fixtures
    • Property To Remain Gas Stove, Refrigerator

Contact

Ashley Hibberts

Sales Associate

RE/MAX Southern Homes

Cell: 205-910-9706

Neighborhood

Neighborhood Details available exclusively for My Property Finder members

Market Last 30 Days

Market information available exclusively for My Property Finder members

Property History

Date Event Price Percent Change
-- Current Price Source New Value: $4,000,000
4/4/2019 10:12:00 AM New in Database Source

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Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.