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6420 Wall Street, Mobile, AL

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6420 Wall Street

Mobile, AL 36695 - West Mobile Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1993
Stories:1 Typical Floor:14,562 SF Building Size:14,562 SF
For Sale Price:$2,554,000 Price/SF:$175.39
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 3.33/1,000 SF Amenities:Signage

Sale Notes:

INVESTMENT OPP - National Credit Tenant 78.0% CAP

- Building Size: 14,862± SF
- Lot Size: 2.38± AC
- CAP Rate: 8.0%
- Lease Term: 7 year term
- Current Tenant: CGI Technologies
- A+ credit international tenant (NYSE: GIB)
- Prime location in upscale west Mobile office park
- Proximate to Interstates 10, 65 and 110, Mobile airports, banks, shopping

Investment package available on request.

The subject property is located off of a vibrant commercial corridor in the west Mobile area. It is surrounded by retail, office and residential neighborhoods. Proximate to Interstates 65, 10 & 110, Mobile Regional Airport, the University of South Alabama, banks, shopping and more. Subject is located in the highest income area of Mobile. The area continues to grow at a 0.50% annual growth rate in the one mile radius. There are more than 7,000 businesses in a five mile radius.

NAI Mobile
Tommy S Gleason
(251) 509-0490

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