Investment! 9,016 SF, Excellent Visibility, West Mobile County

Retail-Commercial for Sale
Catylist Listing ID: 30870181
Property Subtypes: Free-Standing Building
Building Size (RSF): 9,016 SF
Sale Price: $735,000
Unit Price: $81.52 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Dollar General
Usable Size (USF): 9,016 SF
Sale Terms: Cash to Seller
Cap Rate: 8.08%
Average Occupancy Rate: 100
Last Updated: 4/24/2024

Overview / Comments

Investment Property! Currently leased by Dollar General who takes pride in its reputation as America's go-to neighborhood general store. With over 15,000 conveniently located stores, they are committed to providing hassle-free and affordable shopping experiences. Offering everyday low prices on a wide range of items including food, snacks, health and beauty products, cleaning supplies, clothing, housewares, seasonal goods, paper products, and more, Dollar General ensures access to both trusted national brands and their own high-quality private labels.

Situated in west Mobile County, this Dollar General store has experienced steady growth over the past five years, serving nearby residential areas, retail establishments, and industrial businesses.

* 9,016 sf Bldg
* Un-Zoned County Area
* Excellent visibility w 127' frontage
* Daily Traffic - 17,600

This property is currently under the leasing and management oversight of Merrill P Thomas Co., Inc.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 3309313000004XXX
Zoning: UN-ZONED COUNTY AREA
Retail Clientele: General, Family, Business, Other
Property Located Between: Old Pascagoula Road and McDonald Road
Property Visibility: Excellent
Largest Nearby Street: Old Pascagoula Road
Feet of Frontage: 127
Site Description: Well located on just north of Old Pascagoula Rd and minutes from I-10.
Area Description: General commercial/residential area with homes, churches, shopping, QSR and minutes from I-10.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,016 SF
Property Condition: Good
Year Built: 2005
Roof Type: Arched
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Brick front with Aluminum Siding. Large Parking area.
Parking Type: Surface
Parking Description: Ample Parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Un-Zoned County Area
Lot Frontage: 127
Lot Depth: 328
Water Service: Municipal
Land Ownership: Fee Simple
Legal Description: LOT 1 MAGGIE'S THEODORE- DAWES RD S/D MBK 109/16 #SEC 31 T5S R2W #MP33 09 31 3 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,604 27,425 64,480
Median Age: 34.58 36.13 38.16
Households: 2,905 10,237 24,183

Contact

Photograph of Listing Agent

Michael F Reid

Merrill P. Thomas Co, Inc. Gulf Coast CMLS Member
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