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Description of the Article


LEASED – ± 2,800 S.F., RETAIL SPACE, PIKE ROAD, AL. AUGUST 7, 2024

John Stanley, CCIM has represented Mr. Mattress, LLC in the leasing of ± 2,800 S.F. of retail space in Merry Corners at the corner of Vaughn Road and Pike Road. The Landlord is Trott, LLC. The terms of the lease are undisclosed.


SOLD – DOLLAR GENERAL, PLANTERSVILLE, AL. AUGUST 1, 2024

John Stanley, CCIM has represented TLG #1, LLC in the purchase of the Dollar General located at 19152 AL Highway 22E in Plantersville, Alabama. The property consists of a 10, 566 S.F. free-standing Dollar General on a 2.5 acre parcel. The Seller was the Broadway Group, LLC. The Sales price was $1,688,500.00 (7.05 cap rate).


SOLD – ± 1.63 ACRE COMMERCIAL LOT, PIKE ROAD, AL. JULY 29, 2024

Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.63 Acre commercial lot located at the corner of Chantilly Parkway and Chantilly Parkway Place in Pike Road, Alabama. The Sales price was $639,666.00 or $9.00/S.F. The property is zoned B-2. The Seller was Pelham, et al and the Buyer was Marion Community Bank. The Site will be developed as Marion Community Bank’s first location in Pike Road, Alabama.


LEASED – ± 2,800 S.F., MEDICAL OFFICE SPACE, MONTGOMERY, AL. JULY 8, 2024

John Stanley, CCIM has represented Southern Orthopaedic Surgeons, LLC in the leasing of ± 2,800 S.F. of medical office space located in Chase Corner at Taylor Road and I-85. The Landlord is Chase Corner, LLC. The terms of the lease are undisclosed.


SOLD – RETAIL BUILDINGS, MONTGOMERY, AL. JUNE 21, 2024

John Stanley, CCIM has represented Sara B. Beasley in the sale of two (2) contiguous properties located at 3851 Interstate Ct. and 3808 Elmdale Rd. in Montgomery, AL. Both properties were formerly occupied by Pickwick Antiques located on a ± 41,815 S.F. lot and zoned B-2. The primary building located at 3851 Interstate Ct. is ± 7,424 S.F. A secondary building located at 3808 Elmdale Rd. is ±1,608 S.F. The Buyer was Georgiana Convenience, LLC. The sales price was $625,000.00.