Site at Rare Double-Signalized Corner on Government Street
Retail-Commercial
for Lease
| Catylist Listing ID: |
30848165 |
| Property Subtypes: |
Free-Standing Building
|
| Contiguous Space: |
11,000 SF |
| Building Size (RSF): |
11,000 SF |
| Gross Land Area: |
1.38 Acres
|
| Lease Rate: |
$12 PSF (Annual)
|
| Base Monthly Rent: |
$11,000 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
Former Rite Aid |
| Usable Size (USF): |
11,000 SF |
| Last Updated: |
9/21/2023 |
Overview / Comments
Former Rite Aid available for sale or lease in Midtown Mobile, Alabama. Ideally located at a rare double signalized corner, on a portion of Government St that sees over 20,000 cars per day as of 2022. Building is approximately 11,000 SF, constructed in 1999, and sits on ±1.38 AC directly on Government Street (US Highway 90), between two signalized intersections with Ann Street and Michigan Avenue. Two curb cuts on Ann Street, and two curb cuts on Michigan Avenue. Building could easily be converted to office or retail, and B2 Neighborhood Business zoning provides for a multitude of users. Frontage on three main Mobile streets, with combined exposure to nearly 30,000 cars per day. Over ±200’ frontage on Government St (US Hwy 90), ±280’ on S. Ann St, & ±156’ on Michigan Ave.
Also available for sale for $1,595,000; See listing #30848154.
|
| Level/Floor: |
1 |
| Status: |
Pending |
| Space Available: |
11,000 SF |
| Lease Rate: |
$12 PSF (Annual)
$11,000 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Former Rite Aid available for sale or lease in Midtown Mobile, Alabama. Ideally located at a rare double signalized corner, with over 20,000 cars per day as of 2022. Building is approximately 11,000 SF, constructed in 1999, and sits on ±1.38 AC directly on Government Street (US Highway 90), between two signalized intersections with Ann Street and Michigan Avenue. Two curb cuts on Ann Street, and two curb cuts on Michigan Avenue. Property is located directly across from Walgreens. Building could easily be converted to office or retail, and B2 Neighborhood Business zoning provides for a multitude of users. |
| Space Subcategory: |
Free-Standing Store |
| Date Available: |
6/29/2023 |
| Lease Term: |
60 Months |
| Space Type: |
Relet |
| Parking Spaces |
59 |
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Tax ID/APN: |
2910223003001XXX |
| Zoning: |
B2 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Located Between: |
Michigan & Ann |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Government Street |
| Feet of Frontage: |
309 |
| Traffic/Vehicle Count: |
20,215 |
| Highway Access: |
Located directly on US Highway 90 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
11,000 SF |
| Property Condition: |
Average |
| Year Built: |
1999 |
| Construction/Siding: |
Brick |
| Total Parking Spaces: |
59 |
| Parking Type: |
Structure |
| Zoning Description: |
B2 - Neighborhood Business |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,714 |
70,155 |
126,260 |
| Median Age: |
36.14 |
36.61 |
35.88 |
| Households: |
5,661 |
27,478 |
49,982 |
|
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The information presented herein is provided as is, without warranty of any kind.
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