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SOLD - FORMER RESTAURANT PROPERTY, PRATTVILLE, AL. AUGUST 31, 2017

John Stanley, CCIM has represented Kaiya 003, LLC in the purchase of the former Ruby Tuesday property located at 789 Business Park Dr., Prattville, AL. The building is 3,491 S.F. and the lot is 1.26 acres. The Buyer plans to remodel the building for use as another national chain restaurant. The Seller was Ruby Tuesday, Inc. The sales price was $825,000.00 ($236.32/S.F.).

SOLD - ± 1.30 AC. LOT, EASTCHASE PARKWAY, MONTGOMERY, AL. JULY 17, 2017

John Stanley, CCIM has represented Milo’s RE II – Montgomery Eastchase, LLC in the sale of a ± 1.30 acre lot located at 8739 Eastchase Parkway, Montgomery, AL.   The usable S.F. of the lot is 43,107 S.F.  The Buyer is DLC Properties, LLC.  The sales price was $560,000.00 ($13.00/usable S.F.).


SOLD - ±1.02 AC. COMMERCIAL LOT, PRATTVILLE, AL. JULY 10, 2017

Lee Meriwether, CCIM has represented Horace W. Powell in the sale of a ± 1.02 acre commercial lot (Lot A) located in Prattville Business Park.  The name of the Buyer is Trampoline, LLC.  The Lot was Zoned B-2 and the sales price was $177,724.80 ($4.00/S.F.).


SOLD - ±7.71 AC., PIKE ROAD, AL. JUNE 29, 2017

John Stanley, CCIM has represented MTD Holdings, LLC in the sale of a     ± 7.71 acre parcel located at the corner of I-85 (Exit 16) and U.S. Hwy. 80 in Pike Road, AL.  The property is zoned B-2.  The Buyer is Freedom Transport, Inc.  The sales price was $1,875,000.00 ($5.58/S.F.).


SOLD – 3311 MALCOLM DRIVE, MONTGOMERY, AL. JUNE 28, 2017

Lee Meriwether, CCIM has recently represented Navy Federal Credit Union in the purchase of 3311 Malcolm Drive in Montgomery, Alabama. The property was a former Iberia Bank branch location and after some renovations will become a new branch for Navy Federal Credit Union.  The sales price was $885,000.00.