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31714816
31714817

3152 Old Shell Rd, Mobile, AL 36607

MC
AL, AL 000008418
Cummings & Associates Inc
Listed by Cummings & Associates Inc
$1,200,000
48 days on market
Updated 43 days ago

3152 Old Shell Road

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 7,475
Net Rentable (SqFt) 7,475
Units 3
Cap Rate 7.14%
NOI $85,669
Occupancy 100%
Tenancy Multi
Price per SqFt $161
Broker Co-Op Yes
Class B
Year Built 2006
Buildings 1
Stories 1
Lot Size (SqFt) 23,392
Zoning B3
Parking Spaces spaces
Tenant Credit No Credit Rating

Fully Leased Investment Property

Marketing description

well located and fully leased neighborhood strip center in Midtown Mobile. The property is Leased to 4 Tenants; Lamar Sign Company, Life Plus, Synergy Yoga, and CNC Tax Services.

Investment highlights

Fully Leased

Low Maintenance construction

Excellent location

Listing Contacts

MC
AL, AL 000008418
Cummings & Associates Inc
Listed by Cummings & Associates Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,669.00
$7,139.08/mo

Valuation Metrics

0
DSCR
7.14%
Cap Rate
7.14%
ROI

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