For Sale $5,375,812
Property Type Retail
Property Size 43,837 SF
Lot Size 5.25 Acre
Property Tenancy Single Tenant
Year Built 1997
Year Renovated 2019
Date Updated Feb 19, 2024

Conn's HomePlus is a strategically located commercial property situated in the bustling city of Montgomery, Alabama. It occupies a prominent position along Eastern Boulevard, a well-known thoroughfare in the area. The property benefits from high visibility and accessibility, making it an ideal location for businesses seeking a prime spot in Montgomery's commercial landscape. Additionally, it is in close proximity to key amenities, shopping centers, and residential areas, making it convenient for both customers and employees. Montgomery, AL, is a historic and culturally rich city, serving as the capital of Alabama. Known for its pivotal role in the civil rights movement, it offers a mix of preserved historic districts, museums, and a thriving arts scene. The city's riverfront and natural attractions, along with culinary scene and welcoming community, make it a dynamic destination with a blend of history and modernity..

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Highlights

Original 10 Year Lease from Conn’s Home Plus with 5.5 Years Remaining
Corporate Backed Lease Guaranteed by Conn's Home Plus (NASDAQ: CONN) , a Leading Retail Brand, Boasting a "Moody's B1" Credit Rating
NN (Double Net) Lease Structure with Landlord Responsible for Roof, Structure & CAM
Below Market Rent of $9.81 SF | Current Market Rent for Big Box is $13 to $14 SF
Strategically Located at a Busy Intersection, Shadow Anchored by Home Depot with High Traffic Counts Exceeding 47,000+ VPD
Healthy Population Densities in 1, 3, and 5 Mile
Co-Synergies in a Thriving Retail Corridor with Neighboring Tenants Including Home Depot, Harbor Freight, and Chick-fil-A

Contacts

Noah Dalaly

Encore Real Estate Investment Services

(248) 702-4427

Location

Getting Around

Walk Score ®
58/100 Somewhat Walkable
Transit Score ®
21/100 Minimal Transit
Bike Score ®
44/100 Somewhat Bikeable

Map
Street

City Montgomery, AL
Neighborhood Woodmere Lakes
Zip Code 36117

Points of Interest

Montgomery Union Station

5.75 miles

Petro

0.69 miles
Exxon

0.77 miles
RaceWay

0.81 miles
Shell

0.87 miles
Chevron

0.87 miles
Sam's Club

1.25 miles
Shell

1.30 miles
Chevron

1.52 miles
Cannon

1.62 miles
Liberty

1.66 miles

Lot 5

2.95 miles
Lot 1

3.05 miles
One Commerce Street Parking

5.48 miles
Chamber of Commerce Parking

5.49 miles

Chick-fil-A

0.23 miles
Schlotzsky's

0.75 miles
Waffle House

0.76 miles
Taco Bell

0.78 miles
Burger King

0.89 miles
Domino's

1.75 miles
Taco Bell

2.22 miles
McDonald's

2.43 miles
McDonald's

2.59 miles
McDonald's

2.64 miles

Aldi

0.50 miles
Walmart Supercenter

1.74 miles
Publix

2.50 miles
Eastdale Mall

2.62 miles
Winn-Dixie

2.80 miles
Walmart Neighborhood Market

2.86 miles
Whole Foods Market

2.98 miles
Walmart Supercenter

3.04 miles
Walmart Supercenter

3.29 miles
The Shoppes at Eastchase

3.39 miles

Frequently Asked Questions

What is the lease rate for Conn's HomePlus?

Rental asking rate at Conn's HomePlus is $2,687,906.00/YR.

What is the total square footage of Conn's HomePlus?

Conn's HomePlus totals 43,837 square feet.

When was this property built?

Conn's HomePlus was built in 1997.

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