Bell Plaza Shopping Center
6200 Atlanta Hwy, Montgomery, AL 36117
Overview
Bell Plaza is a 93,510 SF shopping center along Atlanta Highway in Montgomery, AL, recently strengthened by an O'Reilly Auto Parts relocation with a lease through 2040.
Property Highlights
| Address | 6200 Atlanta Hwy, Montgomery, AL 36117 |
| Year Built | 1989 | 2008 | 2025 |
| Total GLA | 93,510 SF |
| Total Land Size | 9.4 Acres |
| Occupancy | 80% |
| Existing NOI | $639,403 |
| Financing | Free & Clear |
Investment Highlights
Prime Retail Corridor
Located along Atlanta Highway (42,200 VPD), roughly one mile from Eastern Boulevard (38,300 VPD), near Eastdale Mall (~1.3M visits over the past 12 months).
Long-Term Anchor Commitment
O'Reilly Auto Parts relocated to Bell Plaza in late 2025, with a lease through 2040 and four additional five-year renewal options.
Value-Add Opportunity
There is a clear path for upside creation through lease-up, as the property is currently 80% occupied. The existing vacancies will allow future ownership to generate long-term value by backfilling these suites on landlord advantageous lease structures, implementing annual rent escalations.
Intrinsic Rent Growth
Seven tenants carry rent escalations within their current term, six of which increase annually, hedging against inflation without requiring repositioning.
Recent Capital Improvements
A recently replaced roof (under warranty), 2025 LED lighting upgrades, and new pylon signage panels reduce near-term capex needs.
Diversified Tenant Mix
A wide variety of uses — hardware, discount retail, beauty, financial services, and insurance — stabilizes income and supports cross-shopping.
Property Gallery
