Olympic Plaza
Retail-Commercial
for Lease
Catylist Listing ID: |
30186779 |
Property Subtypes: |
Restaurant, Tavern/Bar/Nightclub, Other
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Contiguous Space: |
1,000 - 1,500 SF |
Total Available: |
2,500 SF |
Gross Building Area: |
11,000 SF |
Gross Land Area: |
0.96 Acres
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Lease Rate: |
$12 - 13 PSF (Annual)
|
Base Monthly Rent: |
$1,000 - 1,625 |
Lease Types: |
NNN |
Ceiling: |
16 ft. |
Building Name: |
Olympic Plaza |
Last Updated: |
5/6/2024 |
Overview / Comments
Olympic Plaza retail strip center located near Walmart Neighborhood Market and Rouses. The center fronts interstate exiting traffic. It is 1/2 mile from Interstate 10, the east/west interstate corridor for Mobile. The Plaza features a large pylon at the street with digital advertising.
Surrounding businesses include Advance Auto Parts, Rouses Market, Walmart Neighborhood Market, Family Dollar, Ace Hardware, Walgreens, Church’s Chicken, Wendy’s, McDonald’s, Burger King, Waffle House and many more!
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Space Available: |
1,000 SF |
Lease Rate: |
$12 PSF (Annual)
$1,000 (Monthly)
|
Lease Type: |
NNN |
Space Description: |
Former nutrition store, features ADA restroom and open plan, 2 entrances. |
Space Subcategory: |
Office Showroom, Flex Space |
Date Available: |
1/31/2024 |
Lease Term: |
60 Months |
Space Type: |
Relet |
Level/Floor: |
1st |
Space Available: |
1,500 SF |
Lease Rate: |
$13 PSF (Annual)
$1,625 (Monthly)
|
Lease Type: |
NNN |
Space Description: |
Raw Space - Landlord to deliver in Vanilla Box condition which includes ceiling, lights, new ADA Restroom, HVAC and electrical.
In permitting and will construction 4th qtr of 2023 |
Space Subcategory: |
Strip Center, Office Building |
Date Available: |
7/14/2023 |
Lease Term: |
60 Months |
Space Type: |
New |
Operating Expenses |
$2.51 PSF (Annual) |
Additional Details
Nearest MSA: |
Mobile |
County: |
Mobile |
Taxing Authority: |
Mobile County Revenue Commission |
Tax ID/APN: |
R-02-33-09-31-4-000-086.003 |
Zoning: |
COUNTY |
Retail Clientele: |
General, Family, Business, Traveler |
Property Located Between: |
Interstate 10 and Old Pascagoula Rd |
Property Visibility: |
Excellent |
Largest Nearby Street: |
I-10 |
Feet of Frontage: |
100 |
Traffic/Vehicle Count: |
20,737 |
Highway Access: |
Within 1/2 mile of I-10 |
Site Description: |
Property is positioned perpendicular to Theodore Dawes Rd. It sits in-between Joe's Fireworks and Hooney's Auto Sales. The center features a large pylon at the front with an electronic reader board to highlight each tenant. |
Area Description: |
This area is home to both Fedex and Amazon Fulfillment centers that boast a daily employee count of over 600 employees. It also represents the Eastern connection to the city of Mobile's Western loop, which runs interstate to interstate through West Mobile to Saraland, AL. The area is a quick 15 minutes from downtown Mobile and 16 minutes to Airport and Schillinger.
Demographics in a 5 Mile radius equals over 50,000 people with a average income of $84,697/yr. |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Excellent |
Year Renovated: |
2021 |
Total Parking Spaces: |
54 |
Parking Ratio: |
5 (per 1000 SF) |
Parking Description: |
Site has appx 54 parks on site with is equal to a 5:1 parking ratio per 1,000 sf. |
Sprinklers: |
Wet |
Heat Type: |
Electricity |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Interior Description: |
Spaces I, H and G are currently combined and are partially constructed as a night club. Interiors have an open ceiling plan in I and G, Ste. H is a ceilinged 2 story office plan designed to service the adjoining night clubs with windowed views to the venues.
We can lease as it sits or we can divide the spaces to create 2 sections with one or the other absorbing Ste H. Ste. H could stand alone as it has a restroom but it would better combined with one of the night clubs.
Spaces G and I feature in place bars, plumbing and stages.
Space G has an kitchen area for food service. |
Zoning Description: |
Unzoned - county |
Lot Frontage: |
100 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,409 |
23,989 |
60,296 |
Median Age: |
36.49 |
36.01 |
38.33 |
Households: |
1,698 |
9,058 |
22,779 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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