5753 Old Shell Rd - Retail FOR SALE


Mobile, AL 36608- Westhill
$4,286,578 USD
251-510-2277
5753 Old Shell Rd, Mobile, AL for Sale
$4,286,578 USD
Retail - FOR SALE
1/9
null | 7% Cap Rate

5753 Old Shell Rd
Mobile, AL 36608
Westhill


HIGHLIGHTS

  • Rare Multi Tenant Center with 3 Drive Thrus
  • Located Across From University of South Alabama
  • Great Visibility at the Busy Intersection of Old Shell Road (Frontage) and University Blvd
  • 100% Occupied with Diverse Tenant Mix
  • Adjacent to National Hotel Chain (Holiday Inn)

OVERVIEW

Herrington Realty is pleased to present the opportunity to acquire South Landing, a multi-tenant retail center located at 5753 Old Shell Road in Mobile, Alabama. Constructed in 2016, the center offers 11,877 square feet of gross leasable area (GLA) on 2.29 acres and is fully occupied (100%) by six diverse tenants—three of which feature drive-thru lanes, a rare configuration that provides exceptional flexibility for future re-tenanting. South Landing sits at the signalized intersection of Old Shell Road (30,000+ VPD) and University Boulevard (27,500+ VPD), two of Mobile’s primary commercial corridors, ensuring outstanding visibility and traffic. The center directly fronts the University of South Alabama, whose 14,000+ students and faculty supply a built-in consumer base that drives consistent foot traffic to the tenants. Mobile—often called “the Port City”—is a dynamic Gulf Coast market anchored by a deep-water port, a rapidly expanding aerospace cluster led by Airbus, robust shipbuilding and logistics industries, and a regional healthcare hub that includes USA Health and Providence Hospital. The city’s diverse economy, growing population, and pro-business climate continue to attract new investment and fuel retail demand. Its strategic location at the intersection of Interstates 10 and 65 provides seamless connectivity to New Orleans, Pensacola, and the rest of the Southeast, while a rich cultural scene, historic downtown, and year-round recreation make Mobile an appealing place to live, work, and shop.

FOR SALE DETAILS

PRICE

$4,286,578 USD

PRICE/SF

$500 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Landing

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

Commercial

APN/PARCEL ID

28-05-21-1-000-085

ASK ABOUT THIS PROPERTY

Tim HerringtonHerrington Realty, Inc.More Info
251-510-2277

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Tim HerringtonHerrington Realty, Inc.More Info
251-510-2277

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