Description of this article
Lee Meriwether, CCIM has represented Rialto Capital Advisors in the sale of the former Hooters Restaurant located at 2701 Eastern Boulevard. The sales price was $650,000.00.
Lee Meriwether, CCIM recently represented Fred and Todd Henderson in the sale of a vacant lot located at 3630 Malcolm Drive in Montgomery, Alabama. The lot is ± 56,191 square feet, zoned B-3, and sold for $100,000.00 ($1.78/S.F.).
John Stanley, CCIM has represented WASCO Properties in the sale of the former Ethan Allen furniture building located at 3300 East Blvd., Montgomery, AL. The property consists of a ± 10,956 S.F. building located on ± 1.21 acres and is zoned B-3. The Buyer was Mims Property Management Group, LLC and the sales price was $320,000 ($29.21/S.F.).
John Stanley, CCIM has represented Synovus Bank in the sale of a former car and truck dealership property located at 405 East Blvd., Montgomery, AL. The property consists of a ± 39,864 S.F. building on ± 7.39 acres and is zoned B-3. The Buyer was Pavilion Investment Company, LLC. The sales price was $720,000.
John Stanley, CCIM has represented Baptist Wellness Ventures in the sale of the property located at 5765 Carmichael Road, Montgomery, AL formerly known as the Montgomery Athletic Club (MAC) and later as SportsFirst. The property consists of a ± 32,900 S.F. two (2) story building located on ± 3.5 acres. The Buyer, LaFemme, Inc. plans to convert the property to an indoor pistol firing and archery range. The sales price was $605,000.00.