Listed by Jones Aur
Unpriced
Automation + Controls Engineering (ACE) Headquarters
Details
Property Type Office
Sub Type Traditional Office
Square Footage 8,500
Units 1
NOI $85,075
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Class A
Stories 1
Investment Type Net Lease
Tenant Credit Credit Rated
Stand-alone office headquarters for a national credit tenant (ACE Engineering) in Downtown Mobile
Marketing description
8,500 SF office building located in the heart of Downtown Mobile within walking distance to hundreds of restaurants, shops, and entertainment centers
Investment highlights
- Within 5 minutes of the following new developments in Downtown, Mobile: The Lofts at Midtown - 24 Class A Lofts seated atop 8,250 SF of restaurant/retail space, Historic Old Gayfer's Building - Mixed-Use Development to include 94 housing units with room for several retail tenants, Port of Mobile Modernization - US Army Corps of Engineers heading a $365.7 million project to modernize the infrastructure of the port and to deepen/widen its canals, the Newly Renovated Buick Building - Class A Office space catty cornered from the subject property, Located across the street from The Wheeler Lofts/Braided River Brewery, and within walking distance to the Greer's Downtown Market
Listing Contacts
Listed by Jones Aur
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$85,075.00
$7,089.58/mo
Valuation Metrics
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Cap Rate
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