Grelot Commons | Retail, Office, Medical
Office
for Lease
Catylist Listing ID: |
30643459 |
Property Subtypes: |
Medical, Mixed Use, Flex Space
|
Building Status: |
Under Construction |
Contiguous Space: |
1,200 - 3,600 SF |
Building Size (RSF): |
1,200 SF |
Gross Building Area: |
10,650 SF |
Lease Rate: |
$24.24 - 27 PSF (Annual)
|
Base Monthly Rent: |
$2,500 - 4,994 |
Lease Types: |
Modified Gross |
Ceiling: |
10 ft. |
Building Name: |
Grelot Commons |
Class of Space: |
Class A |
Usable Size (USF): |
1,200 SF |
Last Updated: |
5/16/2022 |
Overview / Comments
Phase I of Grelot Commons is a new, beautiful medical complex located on Grelot Road, between Hillcrest Road and Cody Road. There are two available suites: Suite B and Suite D.
Suite B is a new 1,200 SF space in vanilla shell condition. This space would work well for a small physician's office. Suite D is a 2,400 SF former physical therapy office available for sublease, with lease ending 12/31/25. The flexible floor plan and new finishes could work seamlessly for a number of professional medical uses.
Future plans are also being developed for Phase II, which includes plans for a second medical building and wellness center on the west side of the property.
Contact Jill Meeks to schedule a showing of this office space.
|
Suite: B
|
1,200 SF
|
$25 - 27 PSF (Annual)
Modified Gross
|
Level/Floor: |
1st |
Space Available: |
1,200 SF |
Lease Rate: |
$25 - 27 PSF (Annual)
$2,500 - 2,700 (Monthly)
|
Lease Type: |
Modified Gross |
Space Description: |
New building on Grelot Road with 1200 SF class A medical office space available. Rate includes build out of space for tenant. Lease rate does not include utilities, property expenses, and building services.
*Adjacent tenant has a right of first refusal on this unit. |
Date Available: |
11/1/2020 |
Lease Term: |
60 Months |
Space Type: |
New |
Suite: D
|
2,400 SF
|
$24.24 - 24.97 PSF (Annual)
Modified Gross
|
Level/Floor: |
1st |
Space Available: |
2,400 SF |
Max Contiguous: |
3,600 SF |
Lease Rate: |
$24.24 - 24.97 PSF (Annual)
$4,847 - 4,994 (Monthly)
|
Lease Type: |
Modified Gross |
Space Description: |
Former physical therapy space in new building available for sublease, with an adjacent shell space of 1,200 adjacent square feet. |
Space Subcategory: |
Medical, Research & Development |
Date Available: |
6/1/2022 |
Lease Term: |
42 Months |
Space Type: |
Sublet |
Sublease Expiration Date: |
12/31/2025 |
Rent Escalators Description |
1% annually |
Additional Details
Nearest MSA: |
Mobile |
County: |
Mobile |
Submarket Type: |
Suburban |
Taxing Authority: |
City of Mobile |
Tax ID/APN: |
R022809293000010.025. |
Zoning: |
B-1 |
Property Located Between: |
Hillcrest and Cody Roads |
Property Visibility: |
Good |
Airports: |
Near west Mobile airport on Airport Blvd. |
Site Description: |
Located on Grelot Road, |
Area Description: |
Across from Roberts Brothers and Surety Land Title |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
10,650 SF |
Year Built: |
2020 |
Roof Type: |
Gable |
Construction/Siding: |
Stucco |
Exterior Description: |
Brick and stucco exterior with steel frame |
Parking Type: |
Surface |
Parking Description: |
Surface parking |
Sprinklers: |
None |
Heat Type: |
Electricity |
Heat Source: |
Central |
Air Conditioning: |
Engineered System |
Internet Access: |
Fiber Optic |
Interior Description: |
Build to suit |
Zoning Description: |
B-1 |
Part of Planned Development?: |
Yes |
Lot Frontage: |
264' |
Lot Depth: |
East side - 391'; west side - 477' |
Water Service: |
Municipal |
Legal Description: |
Parcel Key 04005416; Parcel ID R022809293000010.025 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
10,809 |
73,855 |
141,186 |
Median Age: |
37.23 |
37.68 |
36.74 |
Households: |
5,137 |
30,928 |
57,215 |
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