1111 Hillcrest Rd 22,500 SF 85% Leased Office Building Mobile, AL 36695 $1,395,000 ($62/SF)
EXECUTIVE SUMMARY
Perfect opportunity for an owner occupant desiring additional tenants and possible expansion space! Building just underwent exterior renovations. Large, two-story multi-tenant office building for sale in West Mobile. Well located along the east side of Hillcrest Road just north of Grelot Road and south of Airport Boulevard, with ±325’ along Hillcrest Road. Very attractive brick and stucco building that includes a common area entrance, front and rear stairwells, an elevator, excellent parking, monument signage and well-maintained landscaping.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
22,500 SF
Building Class
B
Year Built
1990
Price
$1,395,000
Price Per SF
$62
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,250 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
1.79 AC
Zoning
B2 - Neighborhood Business District
Parking
94 Spaces (4.18 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Central Heating
- Air Conditioning
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- American Resources Insurance Company
- Finance and Insurance
- -
- -
- -
- Graham Brown & Dutton
- Professional, Scientific, and Technical Services
- -
- -
- -
- Net Point It Services
- Services
- 1,950 SF
- -
- -
- Taylor & Associates LLC
- Professional, Scientific, and Technical Services
- 450 SF
- -
- -
- The Leukemia & Lymphoma Society, Inc.
- Health Care and Social Assistance
- 1,313 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| American Resources Insurance Company | Finance and Insurance | - | - | - | ||
| Graham Brown & Dutton | Professional, Scientific, and Technical Services | - | - | - | ||
| Net Point It Services | Services | 1,950 SF | - | - | ||
| Taylor & Associates LLC | Professional, Scientific, and Technical Services | 450 SF | - | - | ||
| The Leukemia & Lymphoma Society, Inc. | Health Care and Social Assistance | 1,313 SF | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Well located along the east side of Hillcrest Road just north of Grelot Road, with ±325’ along Hillcrest Road. Very attractive brick and stucco building that includes a common area entrance, front and rear stairwells, an elevator, excellent parking, monument signage and well-maintained landscaping. Perfect opportunity for an owner occupant desiring additional tenants and possible expansion space!
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1A | 3,469 SF | Office | Full Build-Out | Now |
1st Fl-Ste 1A
| Size |
| 3,469 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $366,780 | |
| Land Assessment | $69,020 | Total Assessment | $435,800 |
