3130 Ching Dairy Rd - Retail FOR SALE
Mobile, AL 36618 |
$565,000 USD
770-329-5065
3130 Ching Dairy Rd
Mobile, AL 36618
HIGHLIGHTS
- Below-Market Rents: Current gross rents average just over $11.76/SF, offering significant future rent growth.
- Occupancy: Multi-tenant retail properties with a three-mile radius are 98% occupied, reflecting strong tenant demand and limited supply.
- High-Traffic Location with Excellent Access: Strategically positioned just off Moffett Road, the property benefits from strong visibility
- Acquisition Basis Well Below Replacement Cost: Priced at approximately $113/SF materially below estimated replacement cost
FOR SALE DETAILS
PRICE
$565,000 USD
PRICE/SF
$113 USD /SF
CAP RATE
8.68%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
23-09-29-3-000-037.001
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770-329-5065
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770-329-5065
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