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- LoopNet Team
16 Saraland Blvd N
Saraland, AL 36571
AT&T | 2016 Construction · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Freeway Visibility
ABOUT 16 SARALAND BLVD N , SARALAND, AL 36571
Marcus & Millichap, as exclusive advisor to the Seller, is pleased to offer for sale a newly constructed 1,500 SF Freestanding AT&T in Saraland (Mobile, MSA) AL. The subject property is positioned on a .24 acre lot at the intersection of Highway 43 North and Celeste Road. The Tenant, Prime Communications, LP, signed a 10 year NN lease which commenced June 1, 2016. The lease is NN in nature with the Landlord responsible for only the roof and structure. Taxes, Insurance and CAM expenses are reimbursed by the Tenant. The lease features 10% rent increases every 5 years in the base term as well as one (10) year option to renew. The City of Saraland is a bedroom community of Mobile and is located 10 miles north of Mobile. One of the main attractions to the city is its newly formed school system. In, 2008, Saraland broke off from the Mobile County school system and the new school has increased 86% since inception. Saraland has been on a path of growth in recent years with new commercial developments including Tractor Supply, Dollar Tree anchored shopping center, Autozone, CVS, and plans to construct a new Publix and Hospital.
PROPERTY TAXES
| Parcel Number | 19-08-33-0-008-068 | Improvements Assessment | $47,760 |
| Land Assessment | $5,740 | Total Assessment | $53,500 |
PROPERTY TAXES
