HIGHLIGHTS
- Strong Performing Site - Pin Corner Site, Exceptional Visibility, High Traffic, One of the busiest intersections in Mobile, #1 ASPEN DENTAL IN ALABAMA
- Net Leases with Increases - Passive Structure with limited Landlord responsibilities, OPTION INCREASES – 10% bumps every five years
- Credit Tenants / Corporate Leases - CHIPOTLE – $67B Market Cap: 3,700+ Locations, Dominant Fast Casual Mexican Brand, Corporate Guaranteed Lease
- ASPEN DENTAL - 1,100+ Locations (US & Canada), $1B Annual Revenue, Privately Held, Corporate Lease
FOR SALE DETAILS
PRICE
$4,500,000 USD
PRICE/SF
$20 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Westwood Plaza Outparcel
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
1192
LAND DETAILS
CROSS STREETS
SEC Airport Blvd & Schillinger Rd
LAND ACRES
17.47 AC
LAND SF
760,993 SF
ZONING
B-3
APN/PARCEL ID
28-04-19-3-000-027.001
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