100 S University Blvd, Mobile, AL 36608

Commercial property for lease

• Description
• Rare value add investment opportunity near University of South Alabama. Fully leased by 3 medical professionals gross income of $95,376 annually and NOI of $73,800. Average gross lease rate below market value of $12.39/sqft. Situated on approximately 3 acres. This property represents one of the best redevelopment opportunities in the trade area. Recent new developments include several new student living apartment complex with thousands of beds,Chicken Salad Chick, Hibachi Express, Fuzzy Taco, Dunkin Donuts/AT&T center, and Holiday Inn Express coming soon. Enrollment at the University of South Alabama totals approximately 16,699 students.The daily traffic count on University Blvd is 25,500. The daily traffic count on Old Shell Rd is 29,600. Building price details: $1,400,000.
• Contact info
• Pratt Thomas

  Merrill P. Thomas Co, Inc.
• Note

• Details Info about this row that located on 100 S University Blvd, Mobile, AL 36608 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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