2469 Eslava Creek Pky - Flex FOR SALE


Mobile, AL 36606- Rickarby
$261,000 USD
251-422-2208
2469 Eslava Creek Pky, Mobile, AL for Sale
$261,000 USD
Flex - FOR SALE
1/11
null | 9.01% Cap Rate

2469 Eslava Creek Pky
Mobile, AL 36606
Rickarby


HIGHLIGHTS

  • Investment Property! Income producing at a 9% cap rate and grossing $2,250 per month
  • 1,000 SF climate-controlled warehouse with a separate HVAC system
  • Convenient access from an 8’ x 10’ side-loading roll-up door
  • Income producing at a 9% cap rate and grossing $2,250 per month
  • Flexible configuration featuring multiple offices, two bathrooms, and a breakroom

OVERVIEW

Current Lease Information: •Tenant: Coastal Foods LLC •Total Gross Rent: $27,000 /year ($2,250.00/month) •Lease Commencement: June 1, 2026 •Lease Expiration: May 31, 2028 •Type Lease: Gross Landlord Expenses: •Property Taxes: $1,475 •Property Insurance: $2,000 •NOI $23,500.00 /year Positioned in a central Mobile location just two miles from I-65 and moments from Government Street, this 2,570 SF office/warehouse property offers functional versatility and secured features for businesses seeking efficient space. The site includes approximately 1,570 SF of configurable office space incorporating four offices, two restrooms, and a breakroom. The 1,000 SF warehouse segment comes equipped with climate control and its own HVAC system for specialized use, while an 8’ x 10’ roll-up door provides easy loading access. Situated on an 8,400 SF lot with 50.5 feet of frontage, the property benefits from B-3 Community Business zoning, ensuring broad applicability for commercial operations. The rear yard is fenced and provides gated access for larger vehicles, supporting storage or laydown needs. Off-street parking is available for staff and visitors, adding convenience for daily operations. Excellent connectivity defines this offering—proximate to downtown Mobile and West Mobile with nearby access to major roadways and interstates. The surrounding trade area hosts a mix of retail centers, service providers, and light industrial uses, ensuring strong business synergy. Priced at $261,000, this investment offers both functionality and accessibility in the dynamic Mobile market.

FOR SALE DETAILS

PRICE

$261,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

9.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Distribution, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19

LAND SF

8,276

ZONING

B-3

APN/PARCEL ID

29-09-29-2-000-138

ASK ABOUT THIS PROPERTY

Mike ReidMerrill P. Thomas CompanyMore Info
251-422-2208

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Mike ReidMerrill P. Thomas CompanyMore Info
251-422-2208

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.