Free-Standing CVS for Sale in Mobile, AL
Retail-Commercial
for Sale
| Catylist Listing ID: |
30856645 |
| Property Subtypes: |
Free-Standing Building
|
| Building Size (RSF): |
11,946 SF
|
| Gross Land Area: |
1.42 Acres
|
| Sale Price: |
$6,800,000 |
| Unit Price: |
$569.23 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Building Name: |
CVS |
| Usable Size (USF): |
11,946 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/5/2023 |
Overview / Comments
Large, freestanding retail building with drive-thru available for sale in Mobile, AL on a well-traveled portion of Cottage Hill Road. Constructed in 2007, the building is ±11,946 SF of open retail space on ±1.416 AC. Ample parking with 48 spaces including 3 handicapped parking spaces.
CVS lease expires October 2025, with tenant currently paying $452,000 per year, plus NNN expenses.
|
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Tax ID/APN: |
2807363000001001 |
| Zoning: |
B2 |
| Retail Clientele: |
General, Family, Business, Traveler, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Cottage Hill Rd |
| Feet of Frontage: |
222 |
| Traffic/Vehicle Count: |
25,429 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
11,946 SF |
| Property Condition: |
Good |
| Year Built: |
2007 |
| Zoning Description: |
Neighborhood Business |
| Lot Frontage: |
222.2 |
| Lot Depth: |
327.1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,605 |
83,781 |
191,280 |
| Median Age: |
33.54 |
35.86 |
36.7 |
| Households: |
4,522 |
34,918 |
77,822 |
|
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