INVESTMENT OFFERING
SAB Capital is pleased to present this AT&T value-add opportunity Montgomery, the capital city of Alabama. The site sits as an outparcel to a Lowe’s Home Improvement which sees over 779,000 annual visitors. AT&T currently occupies 31% of the building leaving upside for an investor to reposition the asset while operating with an existing cash flow.
- AT&T Value-Add Opportunity in Montgomery, AL | Capital City of Alabama
- Landlord or Tenant Can Terminate the Lease Given 120 Day Notice Anytime After the 13th Month of Lease
- High-Credit National Tenant | AT&T Has Occupied the Space Since 2014
- Strong Real Estate Fundamentals | Outparcel to Lowe’s Home Improvement Which Sees 779,800 Annual Visitors (placer.ai)
- Value-Add Opportunity | Option to Re-lease or Redevelop
- Close Proximity To Interstate Highway | Under 1 Mile From I-85
- Dense Local Demographics | Over 140,000 Residents in 5 Miles
- High Traffic Corridor | Eastern Boulevard Sees Over 30,000 Vehicles Per Day
- Strong Retail Trade Area | Nearby Retailers Include Starbucks, Aldi, Home Depot, and Petco
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
AT&T | Value Add | $1,800,000 | % | Gross Lease | 5,800 | Under Contract |