9948 Airport Blvd - Supermarket FOR SALE
Mobile, AL 36608 |
$8,400,000 USD
201-282-9003
9948 Airport Blvd
Mobile, AL 36608
HIGHLIGHTS
- Strong credit tenant anchored shopping center with 85% of the revenue coming from national tenants including Winn Dixie (ALDI), Walgreen’s, and Subway
- Long term anchor lease with Winn Dixie (ALDI) thru July 2032 bringing stability to the center
- This Winn Dixie (ALDI) location is ranked the #1 location in chain for the state of Alabama by Advan Research.
- Property benefits from excellent visibility on the highly trafficked Airport Blvd which sees traffic counts in excess of 13,825 VPD
- Property is conveniently located just 2.3 miles from the Mobile Regional Airport (5 minutes drive)
- Interest-Only assumable financing at a rate of 7.23% (Loan must be assumed)
FOR SALE DETAILS
PRICE
$8,400,000 USD
PRICE/SF
$127 USD /SF
CAP RATE
7.3%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Vigouroux Market Place
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
392
LAND DETAILS
LAND ACRES
10.09 AC
LAND SF
439,520 SF
ZONING
County
APN/PARCEL ID
27-08-28-0-000-003
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201-282-9003
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201-282-9003
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