SOLD – INVESTMENT PROPERTY, MONTGOMERY, AL. MARCH 8, 2022
John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a 4,167 S.F. restaurant property located at 5471 Atlanta Highway, Montgomery, AL. The Buyer was Georgiana Convenience, LLC. The tenant is El Jalisco Mexican Restaurant. The sales price was $625,000.00 ($150.00/S.F.) representing an 8.6% cap rate.