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32685543
32685539

1218 Hillcrest Road, Mobile, AL 36695

FM
AL Alabama 000162267, FL #BK3551079
FMIG
LM
FL SL3651162
FMIG
Listed by FMIG
$1,500,000
31 days on market
Updated 28 days ago

Value-Add Retail Plaza | Income Producing

Details
APN 280929400002201X
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 7,344
Cap Rate 8%
NOI $120,000
Occupancy 50%
Tenancy Multi
Lease Type NNN
Broker Co-Op True
Class B
Year Built 1998
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.710
Zoning COM
Parking Spaces spaces
Investment Type Value Add
Ground Lease No
Sale Condition N/A

50% Leased | High Traffic Location

Marketing description

MORE IMAGES COMING SOON

FMIG is pleased to present retail leasing opportunities at 1218 Hillcrest Road in Mobile, Alabama, a well-positioned neighborhood shopping plaza located along one of the city’s most active commercial corridors. The property currently offers two available units, each approximately 1,200+ square feet, ideal for a variety of retail, office, or service-oriented users seeking strong visibility and accessibility.

Strategically situated on Hillcrest Road, the property benefits from high traffic exposure with estimated daily counts exceeding 30,000 vehicles per day, providing tenants with consistent visibility and brand recognition. The site is surrounded by a strong mix of national retailers, including Starbucks and McDonald’s, as well as established local businesses, medical offices, and dense residential communities—creating a steady flow of both daytime and evening traffic.

Each available unit offers flexible layout potential, making it suitable for a wide range of uses including boutique retail, professional office, medical, wellness, or service-based operations. Tenants will also benefit from dedicated signage opportunities, allowing for prominent business identification along this highly trafficked corridor.

The plaza provides convenient access, ample parking, and a centralized location within one of Mobile’s most desirable commercial submarkets. This location continues to attract both national and regional tenants due to its strong demographics, accessibility, and consistent consumer traffic.

Key Highlights

  • Two units available: ±1,200+ SF each
  • Lease Rate: $2,200/month per unit NNN $300 CAM
  • Located on Hillcrest Road with ±30,000 VPD
  • Strong co-tenancy and surrounding national retailers
  • High visibility with signage opportunities available
  • Ample parking and easy ingress/egress
  • Dense surrounding residential and daytime population
  • Ideal for retail, office, medical, or service users

Location Overview

Hillcrest Road is one of Mobile’s primary north-south commercial corridors, connecting key residential neighborhoods with major retail and employment centers. The area is characterized by strong household density, continued commercial growth, and a diverse tenant mix, making it a highly desirable location for businesses seeking long-term stability and customer access.

Investment highlights

Position your business in a high-visibility retail corridor at 1218 Hillcrest Road in Mobile, Alabama, offering two available units of approximately 1,200+ square feet each. Located along one of the city’s most traveled commercial routes, this property benefits from strong daily traffic counts estimated at over 30,000 vehicles per day, delivering consistent exposure and brand recognition for tenants.

Surrounded by national retailers such as Starbucks and McDonald’s, along with dense residential neighborhoods, professional offices, and medical users, this location provides a built-in customer base and steady daytime population. Tenants will also benefit from prominent signage opportunities on-site, allowing for maximum visibility along Hillcrest Road.

Listing Contacts

FM
AL Alabama 000162267, FL #BK3551079
FMIG
LM
FL SL3651162
FMIG
Listed by FMIG

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

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DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Faith Morgan
License
Alabama 000162267
Brokerage
Alliance Real Estate
Brokerage Phone
850-889-2571
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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