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1218 Hillcrest Rd
Mobile, AL 36695
Retail Property For Sale
Executive Summary
FMIG is pleased to present retail leasing opportunities at 1218 Hillcrest Road in Mobile, Alabama, a well-positioned neighborhood shopping plaza located along one of the city’s most active commercial corridors. The property currently offers two available units, each approximately 1,200+ square feet, ideal for a variety of retail, office, or service-oriented users seeking strong visibility and accessibility. 4+ units in total in plaza.
Strategically situated on Hillcrest Road, the property benefits from high traffic exposure with estimated daily counts exceeding 30,000 vehicles per day, providing tenants with consistent visibility and brand recognition. The site is surrounded by a strong mix of national retailers, including Starbucks and McDonald’s, as well as established local businesses, medical offices, and dense residential communities—creating a steady flow of both daytime and evening traffic.
Each available unit offers flexible layout potential, making it suitable for a wide range of uses including boutique retail, professional office, medical, wellness, or service-based operations. Tenants will also benefit from dedicated signage opportunities, allowing for prominent business identification along this highly trafficked corridor.
The plaza provides convenient access, ample parking, and a centralized location within one of Mobile’s most desirable commercial submarkets. This location continues to attract both national and regional tenants due to its strong demographics, accessibility, and consistent consumer traffic.
Base Rental Income
Existing Income:
$50,400 + $28,800 = $79,200
Proposed Additional Income:
$26,400 + $24,000 = $50,400
Total Potential Annual Rental Income:
$129,600
Strategically situated on Hillcrest Road, the property benefits from high traffic exposure with estimated daily counts exceeding 30,000 vehicles per day, providing tenants with consistent visibility and brand recognition. The site is surrounded by a strong mix of national retailers, including Starbucks and McDonald’s, as well as established local businesses, medical offices, and dense residential communities—creating a steady flow of both daytime and evening traffic.
Each available unit offers flexible layout potential, making it suitable for a wide range of uses including boutique retail, professional office, medical, wellness, or service-based operations. Tenants will also benefit from dedicated signage opportunities, allowing for prominent business identification along this highly trafficked corridor.
The plaza provides convenient access, ample parking, and a centralized location within one of Mobile’s most desirable commercial submarkets. This location continues to attract both national and regional tenants due to its strong demographics, accessibility, and consistent consumer traffic.
Base Rental Income
Existing Income:
$50,400 + $28,800 = $79,200
Proposed Additional Income:
$26,400 + $24,000 = $50,400
Total Potential Annual Rental Income:
$129,600
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,100 SF
Building Class
B
Year Built
1998
Price
$1,500,000
Price Per SF
$211.27
Cap Rate
8%
NOI
$120,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.71 AC
Parking
30 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 28-09-29-4-000-022.01 | Improvements Assessment | $104,940 |
| Land Assessment | $47,800 | Total Assessment | $152,740 |
Property Taxes
Parcel Number
28-09-29-4-000-022.01
Land Assessment
$47,800
Improvements Assessment
$104,940
Total Assessment
$152,740
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