3225 St Stephens Rd
Mobile, AL
Price:
$1981000
Cap Rate:
6.00%
NOI:
$118,842
Building Size:
Approx. 2476 Sq. Ft.
Lot Size:
Approx. 0.95 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2015
Investment Overview
- 2015 Construction | 2,476+/- SF Building on .95+/- Acre Site
- 20-Yr, Abs NNN lease with 19+ Yr’s Remaining & 7.5% Rent Bumps
- Located along St. Stephens Rd (25,000 VPD), just S of I-65 (71,000 VPD)
- Near CVS, Advance Auto Parts, Aaron’s, McDonalds, Burger King, Subway
- Major Employers: Austal USA (4K Empl) | Mobile Public School Sys (7K Empl)
- Local Attractions: Dauphin Island | Bellingrath Gardens | Battleship USS Alabama
- 3-Miles Radius: Est. 183 Busi. w/ 1,579 Empl. | 5-Mile Avg. HH Income: $51,080
- Prichard is located 4-Miles N of Mobile, AL & 40-Miles N of Dauphin Island, AL