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Highlights

  • Excellent Visibility
  • High Traffic Counts (Over 5,000,000 Vehicles Annually)
  • Tenant Mix Includes Both National and Local Retailers

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 404
  • 2,429 SF
  • Negotiable
  • $17.00 /SF/YR $1.42 /SF/MO $41,293 /YR $3,441 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 404 2,429 SF Negotiable $17.00 /SF/YR $1.42 /SF/MO $41,293 /YR $3,441 /MO Triple Net (NNN)

1st Floor, Ste 404

Size
2,429 SF
Term
Negotiable
Rental Rate
$17.00 /SF/YR $1.42 /SF/MO $41,293 /YR $3,441 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 2,429 SF
Property Type Retail
Gross Leasable Area 28,524 SF
Year Built 1967

About the Property

Southeast Commercial is pleased to offer this 2,429 SF retail space FOR LEASE located in a Dollar Tree anchored strip center in Mobile, AL. This retail space is located adjacent to The Shoppes at Bel Air, Mobile's Shopping Mall. Other nationally recognized retailers with locations in the surrounding area, include Walmart Supercenter, Lowe’s, Sam’s Club, Burlington, Belk, McDonald’s, Michaels, Big Lots, Chick-fil-A, Starbucks, Wendy’s and Burger King, among others. This area boasts high traffic counts of 28,000 AADT. This property is ~1/2 mile from Exit 3 off I-65 which has well over 100,000 AADT.

Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Pei Wei Asian Diner
The Juicy Crab
Crunch Fitness
7 Brew Coffee
Fifth Third Bank
Morrison's Cafeteria
Logan's Roadhouse
BankPlus
Waffle House
Walk-On's
  • Listing ID: 25664262

  • Date on Market: 5/9/2022

  • Last Updated:

  • Address: 400 Bel Air Blvd, Mobile, AL 36606

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