Popeye's
876 N Eastern Blvd, Montgomery, AL 36117
Key features
- Absolute NNN Lease: The property is secured by a long-term absolute NNN lease with approximately 16 years remaining, providing passive income with zero landlord responsibilities.
- Established 13-Unit Popeyes Franchisee TICE Chicken Holdings: The lease is backed by TICE Chicken Holdings, a 13-unit Popeyes franchise operator throughout Alabama
- Favorable Sunbelt Market Dynamics: Located in Montgomery, a growing Southeastern market benefiting from population stability, business-friendly policies, and ongoing economic development.
- High-Traffic Location: Situated along N Eastern Blvd with traffic counts exceeding 40,500 vehicles per day, the property benefits from strong visibility and continuous consumer exposure.
- Limited Internal Competition: The subject property benefits from strong market positioning, with the nearest Popeyes located 8 miles away, minimizing brand cannibalization.
- Proximity to Key Demand Drivers: Located near major regional anchors including Eastdale Mall and 8 miles from Alabama State University, driving consistent retail traffic and demand.
- Strong Demographics: The asset is supported by a dense population of 154,768 residents within a five-mile radius and over 20,000 daytime employees within three miles, providing a consistent and diverse customer base.
- Upcoming High School Development: The planned Percy Julian High School, projected to serve 2,000 students and open in Spring 2028, is expected to significantly enhance local foot traffic, housing demand, and long term area growth.
Building Details
- For Sale $2,109,197
- Property Type Retail - Street Retail
- Property Size 2,532 SF
- Units 10
- Lot Size 0.86 Acre
- Additional Rent Price on request
- Property Tenancy Single Tenant
- Year Built 2020
- Date Updated Oct 28, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Encore Real Estate Investment Services
Location
- City Montgomery, AL
- Neighborhood Dexter Ridge
- Zip Code 36117
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Walk score 26/100 Car-Dependent
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Transit score 13/100 Minimal Transit
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Bike score 35/100 Somewhat Bikeable
Points of Interest
Speedway
1.77 miles
MAPCO
1.80 miles
BP
1.88 miles
Liberty
2.46 miles
Sam's Club
2.80 miles
Shell
2.83 miles
Walmart
3.11 miles
Chevron
3.21 miles
Exxon
3.27 miles
RaceWay
3.27 miles
Lot 5
3.58 miles
Lot 1
3.58 miles
Chamber of Commerce Parking
5.96 miles
One Commerce Street Parking
5.96 miles
Eastdale Mall
1.57 miles
Walmart Supercenter
2.28 miles
Walmart Neighborhood Market
3.08 miles
ALDI
3.48 miles
Whole Foods Market
4.12 miles
TJ Maxx
4.28 miles
The Shoppes at Eastchase
4.37 miles
Dillard's
4.46 miles
Target
4.50 miles
Ross
4.54 miles
Listing Summary
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Property Financials 876 N Eastern Blvd is currently listed for sale at $2,109,197 for a price per square foot of $833.02.
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Property Details 876 N Eastern Blvd totals 2,532 square feet of Retail space on a lot spanning 0.86 acres. The property was initially built in 2020.
Tenancy at 876 N Eastern Blvd is listed as Single Tenant, comprising a total of 10 units.
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Area Characteristics 876 N Eastern Blvd is located in the Dexter Ridge neighborhood.
In terms of ease of commuting, the area has a walk score of 26, indicating that it is car-dependent.
Encore Real Estate Investment Services