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Browse More Listings in Retail For Sale, Mobile, AL or Alabama

Retail Property - Off Market

McAlister's Deli

1200 Satchel Paige Drive, Mobile, AL 36606

$McAlister\'s Deli$

Price:
N/A
Building Size:
3,814 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with 10+ years left on lease
Commission Split:
2%
Cap Rate:
7.76%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
1999
Lot Size:
43,560 SF

Last Verified 7/13/2009 Listing ID 16229532

Highlights

Over 18 Years Remaining on Absolute Triple Net Lease
Absolute Triple Net Lease
Adjacent to Steak n Shake and in Front of Hollywood Theatres Stadium 18

Experienced Multi-Unit Operator
Numerous Automobile Dealership's Located Across the Street

Description

The subject property is an attractive McAlister's Deli located just off of
Interstate 65 adjacent to a Steak N Shake restaurant. Located behind the subject property is Hollywood Theatres Stadium 18 that generates a lot of traffic to the area along with numerous automobile dealerships such as BMW, Lexus, Dodge, Chevrolet, Toyota and Ford located across the street on Government Boulevard.

The subject property is near Heron Lakes Country Club, a 18-hole golf course surrounded by beautiful homes. McAlister's Deli also benefits from being located 1/2 a mile from the Hank Aaron Baseball Stadium which holds 6,000 fans and is home to Mobile Bay Bears, a minor league baseball team. This stadium also holds summer concerts and Boxing venues.

Map of 1200 Satchel Paige Drive, Mobile, AL 36606 (Mobile County)

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Created 5/8/2009

Additional Information for 1200 Satchel Paige Drive, Mobile, AL 36606

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1200 Satchel Paige Drive, Mobile, AL 36606

Nearby Retail properties for leaseSearch all commercial real estate for lease

3051 Government Blvd.
Negotiable
1,290 SF
Store Front for Lease on I-65 Service Rd. S
$0.59/SF/Month
1,472 - 6,000 SF
3747 Government Boulevard
$10.00/SF/Year
6,500 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Free Standing Bldg
Sold 4Q 2007
Restaurant
Sold 1Q 2007
Restaurant
Sold 4Q 2006

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - McAlister's Deli

1200 Satchel Paige Drive, Mobile, AL, 36606