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Description of the Article


SOLD – THREE (3) COMMERCIAL LOTS, PIKE ROAD, AL. JULY 12, 2021

John Stanley, CCIM has represented The Langenberg Trust in the sale of three (3) platted commercial lots located at the corner of Vaughn Road and Lochfield Drive in Pike Road, AL.  The total size of the lots is 2.41 acres.  The Buyer was Georgiana Convenience, LLC.  The sales price for the three (3) was $625,000.00 ($5.95/S.F.).


SOLD – EAST BOULEVARD PROPERTY, MONTGOMERY, AL. JUNE 10, 2021

John Stanley, CCIM has represented Courtesy Automotive Group, Inc. in the sale of 505 East Boulevard, Montgomery, AL. The Property consists of a ± 4,500 S.F. building located on ± 1.72 acres.  The Buyer was Skipper Moses, LLC.  The sales price was $1,300,000.00.


SOLD – FORMER METRO FITNESS PROPERTY, MONTGOMERY, AL. MAY 24, 2021

John Stanley, CCIM has represented Jackson Hospital & Clinic, LLC in its purchase of the former Metro Fitness property located at 7150 Halcyon Park Drive, Montgomery, AL.  The property consists of a ± 17,588 S.F. fitness center on ± 2.18 acres.  The Buyer plans to refurbish and reopen the property as a fitness and wellness facility in summer of 2021.  The Seller was Garzon Properties, LLC.  The sales price for the property was $2,050,000.00 ($116.55/S.F.).


SOLD – FLEX BUILDING, MONTGOMERY, AL. APRIL 20, 2021

Lee Meriwether, CCIM recently represented Avadian Credit Union on the sale of a ± 14,050 S.F. office / warehouse building located at 5506 Wares Ferry Road in Montgomery, Alabama.  The property is zoned B-3 and contains ± 1.29 Acres of land. The Buyer was Custom Cabinet Renovations.  The sales price was $350,000.00 ($24.91/S.F.). 


LEASED – ± 4,200 S.F., SHOPS AT PIKE ROAD, PIKE ROAD, AL. DECEMBER 15, 2020

John Stanley, CCIM has represented Jackson Hospital & Clinic, Inc. in leasing ± 4,200 S.F. of space at Shops at Pike Road (Publix Shopping Center) for use as an urgent care facility. The Lessor is Shops at Pike Road, LLC.  The terms of the lease are undisclosed.