Redevelopment Opportunity - Overlook Shopping Center

Retail-Commercial for Sale
Also listed as Shopping Center, Vacant Land
Catylist Listing ID: 30741695
Building Size (RSF): 60,123 SF
Gross Land Area: 6.87 Acres
Sale Price: $2,495,000
Unit Price: $41.50 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Well-located retail center off of Overlook Road and Moffett Road, near University Boulevard for sale. This property includes over 60,000 square feet in three buildings and is situated on 6.87 acres of land. Redevelopment opportunities are limitless here, including retail, c-store, self storage, church, multi-family and storage/distribution/assembly. Remaining tenants are a 9,500 square foot Dollar Tree and 2,098 square foot barber shop. Owners are ready to make a deal. Please call for additional details.

Current Tenants

Tenant Business Name Dollar Tree
SF of Space Occupied 9,563 SF
Tenant Business Name Barber Shop
SF of Space Occupied 2,098 SF

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2802034000118.000
Retail Clientele: General
Property Located Between: Moffett Rd and University Blvd.
Largest Nearby Street: Moffett Rd (Highway 98)
Traffic/Vehicle Count: 32,000
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Parking Type: Surface
Parking Description: Ample parking

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,914 53,415 160,873
Median Age: 39.03 35.02 36.19
Households: 1,094 20,897 65,181


Photograph of Listing Agent

Nathan Handmacher

Stirling Properties Mobile Mobile, AL
Gulf Coast CMLS Member
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