LEASED! 6 Unit Office Retail Plaza For Sale

Office for Sale
Also listed as Retail-Commercial, Shopping Center
Catylist Listing ID: 30844131
Property Subtypes: Business Park, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 15,200 SF
Gross Land Area: 1.47 Acres
Sale Price: $1,350,000
Unit Price: $88.82 PSF
Ceiling: 11 ft.
Property Use Type: Net Leased Investment (NNN), Business
Building Name: Spectronics Plaza
Class of Space: Class A
Usable Size (USF): 15,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/20/2024

Overview / Comments

NEW PRICE $1,350,000 For Sale NNN Leased, Multi-Tenant, 15,200 SF Office/Retail Building on 1.47 ac lot. Property consist of 6 Rental Units.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile
Tax ID/APN: R022807253000001.06
Zoning: B-3
Property Located Between: Airport Blvd and Cottage Hill Rd on Montlimar DR
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,300 SF
Year Built: 2010
Year Renovated: 2015
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Customer parking in front of units and employee parking in rear.
Total Parking Spaces: 45
Heat Type: Electricity, Hot Water
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Entire 15,200 SF building is heated and cooled including warehouse space.
Zoning Description: B-3
Lot Frontage: 200
Lot Depth: 317
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 2 & 3 Montlimar Office Park

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,312 87,751 195,560
Median Age: 31.31 36.26 36.54
Households: 6,524 36,319 79,554

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