960 Schillinger Rd S, Mobile, AL 36695 For Sale

Herrington Realty is pleased to present the opportunity to purchase Palmetto Place, a multi-tenant neighborhood retail center located at 960 Schillinger Rd S in Mobile, Alabama. Constructed in 2006, this 25,250 SF center is situated on a 2.86-acre lot and offers a stable investment with a current occupancy of 90%. The property features 11 total units, with 10 of 11 units currently leased to a diverse mix of tenants. Its high-visibility location along Schillinger Road provides tremendous frontage and exposure to one of the city's most prominent retail corridors. Strategically positioned in the heart of West Mobile, Palmetto Place benefits from exceptional traffic counts exceeding 40,000 vehicles per day. The center is directly across the street from a brand-new Aldi, Panda Express, and a major new apartment complex, highlighting the area’s continuous residential and commercial expansion. Surrounded by a dense concentration of national retailers—including Walmart, Target, Kohl's, and Home Depot—the property is a key fixture in a thriving retail hub that serves as a primary destination for the surrounding communities.