Shopping Strip
East Chase Shops
6941 Eastchase Loop, Montgomery, AL 36117
Listing Price: $5,200,000
Cap Rate
6.30%
Gross SF
9,000
Rentable SF
9,000
Price/Gross SF
$577.78
Lot Size
1.07 acres
Year Built
2017
Investment Overview
Marcus & Millichap is pleased to present for sale East Chase Shops located in Montgomery, AL.
East Chase Shops
Investment Highlights
- 9,000 Square Foot Multi-Tenant Retail Strip | Three (3) Tenants
- Corporate Aspen Dental | Warf Casual Seafood | Kay Jewelers
- Kay Jewelers Reporting Very Strong Sales | 2022 Sales = $2.59M | Less than 3% Rent to Sales Ratio | Tenant Waived One Time Early Termination Right
- Tenant Diversification | Ecommerce Resistant | Medical, Restaurant, Jewelry
- High Visibility on Taylor Road (AL-271) with over 47,000 Vehicles Per Day
- Montgomery, AL | State Capital | 100,000+ 5-Mile Pop | $90,000 AHHI
- Adjacent to The Shoppes at EastChase | Dominant Regional Lifestyle Center and Mixed-Use Development | 725,000 Square Feet | Over 3.5M Annual Customer Visits (Placer Ai)
- Target, Ross, Kohls, and PetSmart | All Rank Top-5 in the State (Placer Ai)
Broker of Record
Financing By
Listing Price: $5,200,000
Cap Rate
6.30%
Gross SF
9,000
Rentable SF
9,000
Price/Gross SF
$577.78
Lot Size
1.07 acres
Year Built
2017
Investment Highlights
- 9,000 Square Foot Multi-Tenant Retail Strip | Three (3) Tenants
- Corporate Aspen Dental | Warf Casual Seafood | Kay Jewelers
- Kay Jewelers Reporting Very Strong Sales | 2022 Sales = $2.59M | Less than 3% Rent to Sales Ratio | Tenant Waived One Time Early Termination Right
- Tenant Diversification | Ecommerce Resistant | Medical, Restaurant, Jewelry
- High Visibility on Taylor Road (AL-271) with over 47,000 Vehicles Per Day
- Montgomery, AL | State Capital | 100,000+ 5-Mile Pop | $90,000 AHHI
- Adjacent to The Shoppes at EastChase | Dominant Regional Lifestyle Center and Mixed-Use Development | 725,000 Square Feet | Over 3.5M Annual Customer Visits (Placer Ai)
- Target, Ross, Kohls, and PetSmart | All Rank Top-5 in the State (Placer Ai)
Investment Overview
Marcus & Millichap is pleased to present for sale East Chase Shops located in Montgomery, AL.
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By
