16 Saraland ave - Retail FOR SALE


Saraland, AL 36571
$575,000 USD
972-636-5722
16 Saraland ave, Saraland, AL for Sale
$575,000 USD
Retail - FOR SALE
1/5
null | 8.35% Cap Rate

16 Saraland ave
Saraland, AL 36571


HIGHLIGHTS

  • 2016 build-to-suit construction for AT&T.
  • Extremely competitive cap rate given the demand for these national cellular tenants and the lease guarantor serving as AT&T’s largest authorized retai
  • Attractive 5% rental increases every 5 years within the option period.
  • Traffic counts on Saraland Blvd exceed ±22,700 vehicles daily.
  • Located only ±10 miles from downtown Mobile, AL which ranks as the 4th largest MSA throughout the entire state of AL (±181,253 residents).
  • Situated ±3 minutes from U.S. Hwy 65 access which serves as the main thoroughfare for Mobile and Montgomery, AL travelers.

OVERVIEW

Broker of Record Kyle Matthews License No. 000110253 - 0 (AL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$383 USD /SF

CAP RATE

8.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT&T

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan FossMatthews Real Estate Investment ServicesMore Info
972-636-5722

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Ryan FossMatthews Real Estate Investment ServicesMore Info
972-636-5722

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