

Listed by Cummings & Associates Inc
$1,200,000
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


Listed by Cummings & Associates Inc
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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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Tax History
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