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Description of the Article


SOLD – QSR PROPERTY, MONTGOMERY, AL. MARCH 20, 2023

John Stanley, CCIM has represented Mitzi Lane Holladay in the sale of a former Arby’s restaurant located at 3853 Atlanta Highway, Montgomery, Alabama.  The property consists of a ± 1,837 S.F. building on a ± 30,250 S.F. lot.  The Buyer was Hui Xing, Inc.  The sales price was $382,500.00 ($208.22/S.F.).


SOLD – CONVENIENCE STORE/SERVICE STATION, MONTGOMERY, AL, NOVEMBER 30, 2022

John Stanley, CCIM has represented Montgomery Properties 1, LLC in the sale of a convenience store/service station located at 3001 McGehee Road, Montgomery, AL.  The Buyer was Gas Express, LLC.  The Sales Price was $3,500,000.00.


SOLD – CONVENIENCE STORE/SERVICE STATION, MONTGOMERY, AL., NOVEMBER 30, 2022

John Stanley, CCIM has represented McLemore & Wares Ferry Road, LLC in the sale of a convenience store/service station located at 2111 McLemore Road, Montgomery, AL.  The Buyer was G X Development, LLC.  The Sales Price was $3,700,000.00.

SOLD – COMMERCIAL LOT, BILLINGSLEY PLACE, MONTGOMERY, AL. OCTOBER 31, 2022

John Stanley, CCIM has represented Rural Holdings, LLC in the sale of a ± 46,810 S.F. commercial lot located at the corner of Malcolm Drive and Kessinger Drive in Montgomery, Alabama.   The sales price was $327,670.00 ($7.00/S.F.).


SOLD – BILLBOARD EASEMENT, LEESBURG, AL. OCTOBER 17, 2022

John Stanley, CCIM has represented New South Media Group, LLC in its purchase of a perpetual billboard easement located at 5675 Weiss Lake Blvd., Leesburg, Alabama.  The terms of the transaction are undisclosed.