Listed by Vallas Realty, McCullough Realty
$7,295,000
Full Leased Shopping Cener for Sale - Mobile, Alabama
Details
APN R022910214001005.000
Property Type Retail
Sub Type Shopping Center
Square Footage 42,600
Net Rentable (SqFt) 42,800
Units 9
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2004
Year Renovated 2006
Buildings 1
Stories 1
Acreage 4.900
Zoning LB-2
Parking Spaces per 1,000 sq ft
Investment Type Stabilized
Ground Lease No
Retail | 42,600 SqFt
Marketing description
The Shoppes of Midtown is a neighborhood center conveniently located at the signalized intersection of Catherine Street and Government Street in Midtown Mobile, Alabama. Located in the Historic District of Mobile, and surrounded by majestic live oaks and high-density residential comprised of numerous historic homes. Tenants include Sage Health, Dollar Tree, Papa Johns, Wild Wing Station, Loud Cloud Vape Shop, ABC Select Spirits and US Agencies. Starbucks is located on an outparcel, Firestone Complete Auto Care on the hard corner, and the newly renovated Aldi is across the street.
Investment highlights
- Large ±42,600 square foot shopping center is fully leased as of 2026
- Located near Downtown, in a densely populated area with over 102,000 people within a five-mile radius
- Traffic counts on Government are 23,390 vehicles per day as of 2024, per ALDOT
- Shopping Center receives over 500,000 visitors per year, per placer.ai
- Dollar Tree ranks above 70th percentile for all its stores nationwide, and in 85th percentile in Alabama
- Adjacent Aldi shopping center sold for $6.3 Million in July 2025
Listing Contacts
Listed by Vallas Realty, McCullough Realty
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