COMMERCIAL
LEASED – 505 East Boulevard, Montgomery, AL – June 21, 2010
John Stanley, CCIM, on behalf of Courtesy Automotive Group, Inc., has transacted a lease of the property located at 505 East Boulevard, Montgomery, AL. The tenant is Auto Enterprises, Inc. who will operate the property as a used car and truck sales center, beginning September 1, 2010. The terms of the lease are undisclosed. |
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SOLD – Perry Hill Mini Storage, Montgomery, AL – March 31, 2010
John Stanley, CCIM has represented the Seller in the sale of Perry Hill Mini Storage located at 3810 Perry Hill Road, Montgomery, AL. The Buyer was Tigertown Investments, Inc. The sales price was $440,000.00. |
SOLD – CVS Pharmacy, Opelika Road, Auburn, AL – March 9, 2010
John Stanley, CCIM has represented the Buyer of the CVS Pharmacy located at the SW corner of Opelika Road and East University Drive in Auburn, AL. The Seller was Auburn Es Tu Malade? #1, LLC and the name of the Buyer is undisclosed. The sales price was $5,410,200.00 representing a 7.15 cap rate. |
SOLD – 7025 Atlanta Highway, Montgomery, AL – February 23, 2010
John Stanley, CCIM has transacted the sale of the former Green Thumb Nursery Property located at 7025 Atlanta Hwy., Montgomery, AL. The Property consists of a ± 1.86 acres of land zoned B-2. The Property will be used for additional parking and building expansion for the adjacent Pri-Med Physicians facility. The Seller was Charles Harwell and James Harwell; the Buyer is The Health Care Authority for Baptist Health. The Sales Price is undisclosed. |
SOLD - 901 Plantation Way, Montgomery, AL - February 24, 2010
John Stanley, CCIM has represented Greystone Property Management Company, Inc. in the sale of a 5,000 S.F. warehouse property located at 901 Plantation Way. The land area is 24,860 S.F. The Buyer was Melvin and Melissa Hobbs. The sales price is undisclosed. |
SOLD – 701 Enterprise Court, Montgomery, AL – January 22, 2010
Lee Meriwether, CCIM recently completed the sale of the former Enterprise Rent a Truck property located at 701 Enterprise Court. The property totaled ±1.57 acres and is zoned B-3. The building size is ±3,242 S.F. including ±1,286 S.F. of office space and a ±1,956 S.F. wash bay area. The sales price was $425,000.00. |
SOLD – 1751 Holly Street, Montgomery, AL – August 11, 2009
Lee Meriwether, CCIM recently represented Jackson Hospital & Clinic in the purchase of a medical office building located at 1751 Holly Street, Montgomery, AL.
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LEASED - Class "A" Office Space - July 28, 2009
John Stanley, CCIM has representative the Home Builders Association of Alabama in leasing 4,255 S.F. of class "A" office space at Halcyon Point I located at 7515 Halcyon Summit Drive, Montgomery, AL. The Lessee is The Community Bankers Association of Alabama. |
SOLD – Ann Street Property, Montgomery, Alabama – June 30, 2009
John Stanley, CCIM has represented the Seller in the sale of a .51 acre parcel of land located at the northwest corner of Ann Street and Locust Street, Montgomery, Alabama. The Seller was Richard and Mary Ann Teeter. The Buyer was Ann R. Dees. The sales price was $162,000.00 ($7.30/S.F.). |
SOLD - 6005 Monticello Drive, Montgomery AL - Jul 24, 2008
John Stanley, CCIM has represented The Advertiser Company in the sale of the former location of The Bulletin Board located at 6005 Monticello Drive. The Buyer was JAS Development, LLC who plans to use the property as an electrical contractor’s office. The sales price is undisclosed. |
SOLD - Sanford Tile Property - March 21, 2008
John Stanley, CCIM has represented G & J Partnership in the sale of the Sanford Tile Property located at 5506 Wares Ferry Road, Montgomery, AL. The Property consists of a 13,797 S.F. showroom/warehouse facility on 1.3 acres of land. The sales price was $450,000. |
SOLD – Breckenridge Storage, Montgomery, AL – January 25, 2008
John Stanley, CCIM has represented Breckenridge Storage, Inc., in the sale of the Breckenridge Storage facility located at 310 Ray Thorington Road, Montgomery, AL. The property consists of a 60,103 S.F. climate controlled storage building located on 4.915 acres. The sales price was $3,200,000.00 ($53.24/S.F.). |
SOLD – Car Wash, Prattville, AL – January 15, 2008
John Stanley, CCIM has sold the Tidal Wave Car Wash property located on Alabama Hwy 14 in Prattville, AL. The 2,537 S.F. self-service facility consists of four (4) service bays, one (1) car wash bay and the vacuum bays. The property contains 33,454 S.F. The Seller was G & G, LLC and the sales price was $503,000.00. |
SOLD – Self Storage Property, Montgomery, AL – October 31, 2007
John Stanley, CCIM has transacted the sale of the Sunbelt Self Storage facility located at 6399 Atlanta Highway, Montgomery, AL. The Property consists of 57,636 S.F. of self storage plus a 1,820 S.F. manager’s office located on 5.36 acres. The sales price was $2,300,000.00. |
SOLD – 414 Madison Avenue, Montgomery, AL – August 16, 2007
John Stanley, CCIM has completed the sale of 414 Madison Avenue in downtown Montgomery, AL. The property consists of 9,874 S.F. of land area with an existing structure formerly used by Midas Muffler. The Seller was Automotive Enterprises, Inc. and the Buyer was Max Federal Credit Union. The sales price was $144,000.00
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SOLD – Two (2) Self Storage Properties, Huntsville, AL – August 1, 2007
John Stanley, CCIM has completed the sale of two (2) self storage properties in Huntsville, AL. Sentry Self Service Storage, located at 7620 South Memorial Parkway, consisting of 38,742 S.F., sold for $1,250,000.00. Added Space Self Storage, located at 2005 Sparkman Drive, consisting of 57,025 S.F., sold for $2,250,000.00. The Buyer was RPM Huntsville Storage, LLC. |
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In The Spotlight
Halcyon Pointe - Phase I & II located off I-85 at Taylor Road (Exit 9), this three-story, state of the art, Class A, 75,000-SF office building...
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 This months featured property is located at Perry Hill Road and I-85 (Exit 4)...
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