1115 Coliseum Blvd

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1115 Coliseum Blvd

Montgomery, AL 36110
Asking Price
$995K
Asset Type
Commercial Land
Class
Class B

What's Special

Vacant QSR | Hard Corner at Coliseum Blvd | Montgomery, AL <p>Prime Property: 3,604 sq ft building on a rare 1.55-acre lot, renovated in 2022.</p><p>Strategic Location with High Traffic: Hard corner of a 4-way signalized intersection with 15,000 vehicles/day at Coliseum Blvd/Cong W L Dickinson Dr.</p><p>Ideal for QSR: Vacant shell condition, ample space for drive-thru lanes and parking.</p><p>Competitive Lease Rates: Average QSR lease rate of $31.41/SF, strong rental income potential.</p><p>Zoning: Commercial (B-2), allowing for various commercial uses

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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395

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