5428 Halls Mill Rd

Retail-Commercial for Sale
Catylist Listing ID: 30857079
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 7,060 SF
Gross Land Area: 0.78 Acres
Sale Price: $1,500,000
Unit Price: $212.46 PSF
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Club Elevate Bar and Grill
Sale Terms: Cash to Seller
Cap Rate: 5.6%
Average Occupancy Rate: 100
Last Updated: 2/9/2024

Overview / Comments

Built for and formerly used as a Sonny's BBQ, this building is currently used as Club Elevate Bar and Grill. Full Kitchen, Plenty of seating, Drive through window (currently covered).

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile
Tax ID/APN: 3305223000008002
Zoning: B3
Retail Clientele: General
Property Located Between: US Hwy 90 and Halls Mill Rd
Property Visibility: Good
Largest Nearby Street: US Hwy 90 and Rangeline
Feet of Frontage: 137
Highway Access: I-10, US Hwy 90
Airports: Mobile
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,060 SF
Property Condition: Average
Year Built: 2005
Roof Type: Other
Construction/Siding: Brick, Other
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 137
Lot Depth: 242
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: Lot 2B Resub of Lot 2 Southview Subdivision.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,442 29,955 109,919
Median Age: 36.21 40.72 37.91
Households: 579 11,899 42,965

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