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32345285
32293110

569 HOLCOMBE AVE, MOBILE, AL 36606-1500

AM
AL 000156510
Milling Commercial Realty Inc
Listed by Milling Commercial Realty Inc
$401,987
43 days on market
Updated 29 days ago

569 HOLCOMBE AVE MOBILE AL 36606-1500

Details
APN 2910282002084XXX
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 4,592
Units 20
Cap Rate 10.00%
NOI $42,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Lease Options None
Year Built 1983
Stories 1
Lot Size (SqFt) 13,974
Zoning B-2
Parking Spaces 20 spaces
Parking Per SqFt 4.36
Investment Type Stabilized
Ground Lease No

100% Leased Retail Shopping Center For Sale

Marketing description

We are pleased to present a fully occupied retail center for sale in Midtown Mobile. Located in the Mobile’s vibrant Midtown district, 569 Holcombe Avenue is a well-located retail investment opportunity. Positioned along a high-traffic corridor and surrounded by dense residential neighborhoods, this neighborhood shopping center benefits from strong visibility, steady customer flow, and convenient access.

The property features a multi-tenant layout with flexible retail spaces, making it well-suited for a variety of tenants and long-term leasing stability. Ample on-site parking and prominent frontage further enhance its appeal to both businesses and customers.

With its established tenant mix, and consistent demand for neighborhood retail, 569 Holcombe Avenue offers investors a compelling opportunity for reliable income and future growth in one of Mobile’s most active corridors.

Investment highlights

List price is based upon a 10% CAP Rate.

Listing Contacts

AM
AL 000156510
Milling Commercial Realty Inc
Listed by Milling Commercial Realty Inc

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$42,000.00
$3,500.00/mo

Valuation Metrics

0
DSCR
10.45%
Cap Rate
10.45%
ROI

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Additional Information

Name
Andrew McDonald Jr.
License
000156510
Brokerage
Milling Commercial Realty
Title
Sales and Leasing Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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