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  1. Commercial Properties
  2. AL
  3. Montgomery

Popeye's

For Sale

876 N Eastern Blvd, Montgomery, AL 36117

Montgomery, the capital of Alabama, is a major economic, governmental, and commercial center located in the southeastern United States. Situated along the Alabama River, approximately 90 miles south of Birmingham, the city serves as the economic hub of the greater Montgomery metropolitan area. Its strategic location at the intersection of Interstate 65 and Interstate 85 provides convenient access to major regional markets, including Birmingham, Atlanta, and Mobile, supporting business activity, transportation, and continued commercial development. Montgomery's diverse economy is supported by government operations, advanced manufacturing, healthcare, education, and military installations. Major employers include Hyundai Motor Manufacturing Alabama, Maxwell Gunter Air Force Base, Baptist Health, and the State of Alabama. The city is also home to Alabama State University and Auburn University at Montgomery, which contribute to workforce development and economic stability. Continued investment in automotive manufacturing, infrastructure, and industrial development further strengthens the region's economic foundation. The city features an established retail market supported by residential communities, major employment centers, and regional shopping destinations. Primary commercial corridors, including Eastern Boulevard, Atlanta Highway, and EastChase Parkway, accommodate numerous national retailers, restaurants, and service oriented businesses. The Shoppes at EastChase serves as a prominent retail destination, attracting consumers from throughout central Alabama. Montgomery is also recognized for its historical significance, cultural attractions, and revitalized downtown district, which support tourism and local economic activity. With its affordable cost of living, diversified employment base, strong transportation connectivity, and established commercial infrastructure, Montgomery offers an attractive environment for businesses, retailers, and commercial real estate investors..

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
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Contacts

broker
Alex Alyas

Encore Real Estate Investment Services

Location

  • City Montgomery, AL
  • Neighborhood Dexter Ridge
  • Zip Code 36117
  • Map
  • Street
  • Walk score 26/100 Car-Dependent
  • Transit score 13/100 Minimal Transit
  • Bike score 35/100 Somewhat Bikeable
Powered by Walk Score ®

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

  • Property Financials

    876 N Eastern Blvd is currently listed for sale at $2,109,197 for a price per square foot of $833.02.

  • 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.

  • 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.

Contact Alex Alyas
broker
Alex Alyas

Encore Real Estate Investment Services

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