Investment Overview
Introducing a prime investment opportunity at 9011 EastChase Parkway, Montgomery, Alabama. This 810 SF building, constructed in 2024 and zoned B-2, offers a solid, long-term investment with a 100% occupancy rate. Distinguished by its prominent location in the Montgomery area, this property features a 13 year NNN lease with 2 (5-year) options, boasting Ellianos as a thriving, expanding tenant with 74 operating locations. With 2% annual rent increases throughout the initial term and options, this property is strategically positioned off I-85 near a signalized corner, capturing high traffic counts and nestled within a dense retail corridor adorned with numerous national tenants. This is an exceptional opportunity not to be missed in the vibrant retail market.
Investment Highlights
- 13 Year NNN Lease with 2 (5-year) Options
- Ellianos is a Strong & Growing Tenant with 74 Operating Locations
- 2% Annual Rent Increases Throughout Initial Term and Options
- Off I-85 Near Signalized Corner with High Traffic Counts
- Dense Retail Corridor with Numerous National Tenants
- Affluent Average Household Income of $134,523 Within 1 Mile