Retail Business for Sale in Montgomery, AL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Montgomery, AL 36117
Description
This Express Oil Change & Tire Engineers property offers a true Absolute NNN lease with over 15 years remaining, backed by a strong corporate guaranty from a 420+ location Southeast leader founded in 1979. The lease features 10% rent increases every five years and four additional five-year renewal options, delivering a stable, passive, long-term income stream with zero landlord responsibilities. Located on high-traffic Taylor Road (32,852 VPD) in Montgomery, the asset sits in a dominant retail corridor surrounded by over 400,000 SF of anchored centers, including Festival Plaza (AMC), The Shoppes at Cornerstone (Publix), and Sturbridge Village (Winn-Dixie), providing excellent visibility and drive-thru convenience in a proven retail hub. Investment Highlights: • Absolute NNN Lease | 15+ Years Remaining • Corporate Guarantee from Express Oil Change • Dominant Retail Hub | 400,000+ SF of Anchored Centers
Market Context
This retail in Montgomery, AL is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Montgomery, AL — <a href="/search/sale/retail/alabama/montgomery">view the full market</a>.
Contact
- Eddie Greenhalgh · (205) 510-9200
- Hank Harvego · (615) 997-2855 · hank.harvego@marcusmillichap.com
- Michael G. Derk · (949) 419-3386 · michael.derk@marcusmillichap.com
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