Description of this article
Lee Meriwether, CCIM, has recently completed the Sale of the former Paulk’s Transmission property located at 1810 Mt. Meigs Road, Montgomery, AL. The sales price was $120,000.00, which included most of the furniture, fixtures and shop equipment.
Mark Dauber has represented TVM Investment Properties, LLC in the sale of two (2) outparcels located at THE SHOPS AT PIKE ROAD in Pike Road, Alabama. Lot 2 consists of ± 40,840 S.F. and sold for $653,440 ($16.00/S.F.). Lot 3 consists of ± 44,994 S.F. and sold for $719,904 ($16.00/S.F.). The Buyer of both lots was San Marcos Mexican Restaurant- Pike Road, Inc.
Lee Meriwether, CCIM has recently represented J P Premier Enterprises, LLC in the sale of a ± 10,500 S.F. building located at 3300 East Blvd., Montgomery, AL. The building was originally developed as an Ethan Allen Furniture Store. It was later sold and used as the home-office for one of the largest Burger King franchisees in the country. This latest buyer will redevelop it as a Gerber Collision Center. The Property sold for $895,000.00 or $85.24/S.F.