12,000 SF Multi-Purpose Building

Retail-Commercial for Sale
Catylist Listing ID: 30328305
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Post Office, Other
Building Size (RSF): 11,867 SF
Gross Building Area: 12,074 SF
Gross Land Area: 1.60 Acres
Sale Price: $724,400
Unit Price: $61.04 PSF
Ceiling: 15 ft.
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Building Name: School Aids Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/26/2018

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2808344002067.008
Zoning: B-3
Retail Clientele: General, Family, Business, Other
Property Located Between: Airport and Cottage hill
Property Visibility: Good
Largest Nearby Street: Cottage Hill and University
Feet of Frontage: 380
Traffic/Vehicle Count: 30,000
Highway Access: Easy acess to I-10. site sits just 3 miles west of I-10
Area Description: The Property is located just north of Cottage hill of the intersection of University Blvd and Cottage Hill. There are many surrounding national and regional retailers with a population of over 68,000 in a 3 mile radius and over 125,000 in a 5 mile radius with an average household income of $71,319.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,074 SF
Property Condition: Good
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick and Block on a slab foundation
Total Parking Spaces: 49
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: the parking ratio is approximately 4/1000 sf which should suffice for most traditional retail uses
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Nice glass door entracne with lobby / Sales counter the Open air retail portion of space consists of 7,239 +/- SF with a nice glass entrance. There are 4 offices consisting of 1,760 +/- SF and a warehouse/ storage portion of the building that consists of 2,875 +/- SF
Zoning Description: B-3
Lot Frontage: 360
Lot Depth: 248
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,951 79,082 178,340
Median Age: 37.55 36.46 36.88
Households: 6,079 34,017 72,601
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