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Heritage Plaza Pad - Montgomery AL 12740 US-80 4,015 SF 100% Leased Retail Building Montgomery, AL 36117 $5,957,021 CAD ($1,483.69 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Brand New Construction | 10-Year Leases | Options To Extend
- Only Exit Serving Highway 80 | Dense, Growing Residential Base
- Across From Heritage Village | Fastest-Growing Town in Alabama
- Strong Demographics In 5-mile Trade Area
Executive Summary
• The offering features a brand new 2026 construction with modern design and materials
• Both tenants recently executed their new 10-year leases with options to extend
• Leases are NNN in nature limiting landlord responsibility for a future owner
• Both tenants recently executed their new 10-year leases with options to extend
• Leases are NNN in nature limiting landlord responsibility for a future owner
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,015 SF
Year Built
2026
Price
$5,957,021 CAD
Price Per SF
$1,483.69 CAD
Cap Rate
6.25%
NOI
$372,314 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.78 AC
Zoning
B-2
Parking
45 Spaces (11.21 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Monument Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 08-05-15-0-003-003.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $244,100 CAD | Total Assessment | $244,100 CAD |
Property Taxes
Parcel Number
08-05-15-0-003-003.000
Land Assessment
$244,100 CAD
Improvements Assessment
$0 CAD
Total Assessment
$244,100 CAD
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Heritage Plaza Pad - Montgomery AL | 12740 US-80
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