Catylist ID:
#30859274
| Catylist Listing ID: | 30859274 |
| Property Subtypes: | Office Building, Other |
| Building Size (RSF): | 3,568 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 15,000 SF |
| Sale Price: | $575,000 |
| Unit Price: | $161.15 PSF |
| Property Use Type: | Investment |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.17% |
| Last Updated: | 4/24/2024 |
Overview / Comments
|
LEASE ABSTRACT Tenant: Bellator Real Estate Company Offering Price: $575,000 Cap Rate: 8.17% Guarantor: Bellator Inc. Building Size: +/- 3,568 SF Site Size: +/- 15,000 SF Base Lease Term: Five (5) years commencing 7/1/24 Renewal Options: One (1), Five (5) year option Rent Escalations: 3% bumps starting at year 3 Net Operating Income: $47,000 per year Rent Per SF: $16.00 PSF Lease Type: Gross Zoning: B-3 Transaction type: Fee Simple |
Attachments & Media
Current Tenants
| Tenant Business Name | Bellator Real Estate and Development |
Additional Details
| Nearest MSA: | Mobile |
| County: | Mobile |
| Tax ID/APN: | 2809321000001052 |
| Zoning: | B-3 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,630 | 74,943 | 153,506 |
| Median Age: | 36.74 | 38.14 | 36.61 |
| Households: | 8,300 | 31,468 | 61,990 |
Contact
Cameron Weavil, CCIMThe Weavil Company, LLCGulf Coast CMLS Member |
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