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LEASED – CONVENIENCE STORE, MONTGOMERY, AL. June 1, 2022

John Stanley, CCIM has represented Montgomery Enterprise 3, LLC in leasing an existing convenience store located at 5670 Atlanta Hwy, Montgomery, AL.   The terms of the lease are undisclosed.  


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.


SOLD – ± 52,250 S.F. MINI WAREHOUSE PROPERTY, PRATTVILLE, AL. MARCH 4, 2022

John Stanley, CCIM has represented RPM- UCT, LLC, et al in the purchase of The Storage Barn located at 1795 The Exchange North, Prattville, Alabama.  The Property consists of 448 rental storage units plus exterior parking spaces for RV’s, boats and trailers on ± 5.25 acres.  The total area of the rental storage units is ± 52,250 S.F.  The Seller was Storage Barn, LLC.  The sales price was $6,700,000.00.


SOLD – VACANT BUSINESS LOT, MONTGOMERY, AL. DECEMBER 28, 2021

Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.35 Acre vacant commercial lot fronting Chantilly Parkway in Montgomery, AL.  The property is zoned B-2.  The sales price was $400,000.00 ($6.80/S.F.). 


SOLD – ± 25,650 S.F. RETAIL/COMMERCIAL BUILDINGS, MONTGOMERY, AL. DECEMBER 13, 2021

John Stanley, CCIM has transacted the sale of two (2) buildings totaling ±25,650 S.F. on ± 2.75 acres located at 3040 East Boulevard in Montgomery, AL.  The Sellers were Jan S. Hogan and Leah S. Dubberly.  The Buyer was Stivers Realty, LLC.   The sales price was $600,000.00 ($23.40/S.F.).