NNN Opportunity off Airport/I-65

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30364060
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 5,791 SF
Gross Building Area: See Agent
Sale Price: $867,000
Unit Price: $149.72 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 8.2%
Last Updated: 4/18/2019

Overview / Comments

5,791 Sq/ft Income producing restaurant building for sale. The tenant is La Cocina Mexican Restaurant which has two locations in Mobile, Alabama. This property is located on the main retail-corridor of Mobile, AL at Airport Boulevard and Interstate I-65. Tremendous visibility.

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R022807251000008.07
Retail Clientele: General, Family, Business, Tourist
Property Visibility: Excellent
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,588 88,737 195,586
Median Age: 31.38 35.91 36.54
Households: 5,477 36,838 79,701


Photograph of Listing Agent

Tim Herrington

Herrington Realty, Inc. Mobile, AL
Gulf Coast CMLS Member
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