Theodore Office/Warehouse Investment Property

Industrial for Sale
Catylist Listing ID: 30332363
Property Subtypes: Flex Space
Building Size (RSF): 6,654 SF
Gross Building Area: See Agent
Gross Land Area: 18,340 SF
Sale Price: $449,000
Unit Price: $67.48 PSF
Docks/Doors: 1 Dock, 2 Doors
Drive In Bays: 1 Bay
Property Use Type: Investment
Building Name: Process Machinery & EcoTech
Sale Terms: Cash to Seller
Cap Rate: 8.75%
Last Updated: 1/12/2019

Overview / Comments

Outstanding Industrial Investment Property
Fully leased 2 tenant Office/Warehouse
12-26 months remain on leases
8.75% Cap rate - $39,399 NOI

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 3308331000036.001
Zoning: I-1 LIGHT INDUSTRIAL
Highway Access: Easy access to Hwy 90
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1977
Year Renovated: 2016
Roof Type: Gable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,639 23,113 64,437
Median Age: 35.1 37.22 39.07
Households: 1,041 8,765 24,644
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