SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, 65,000 square foot two-tenant investment property located in Montgomery, Alabama.. The tenants, Best Buy (S&P: BBB+) (NYSE: BBY) and Burlington Coat Factory (S&P: BB+) (NYSE: BURL) are investment grade tenants that have approximately 6 years remaining on their initial 10 year term. Both tenants have multiple 5-year options to extend (Best Buy has 6 options, Burlington has 4), demonstrating their commitment to the site. Both leases feature scheduled rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor. There is the opportunity to assume Interest Only debt at a favorable fixed rate of 3.68%. The property is located on Eastchase Parkway (17,800 VPD) one of the main retail corridors in Montgomery. The site backs to and has excellent visibility from Interstate 85 (110,400 VPD). Best Buy and Burlington are located adjacent to a 336,000 square foot Costco anchored center (Eastchase Market Center) that also features national/credit tenants including: Dick’s Sporting Goods, Michael’s, JoAnn Fabrics, Old Navy and more. The asset is across the street from The Shoppes at East Chase, a 803,000 square foot Target anchored center. The property is in the center of a primary retail corridor with other nearby national/credit tenants including: Aldi, Kohl’s, Ross, Dillard’s, and more, further increasing consumer traffic to the site. The subject property is in close proximity to Auburn University at Montgomery with over 5,000 students. The 5-mile trade area is supported by a population of over 91,000 with an average household income of $94,242.