4453 Old Shell Rd
Mobile, AL 36608
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net Bond Lease | Zero Landlord Responsibilities
- Build to Suit for CVS with Approximately 12+ Years Remaining on the Lease
- Directly Adjacent to Mobile's Spring Hill College and Surrounded by HighIncome Neighborhoods and Strong Retail Tenants
- Lease is Corporately Guaranteed by CVS - The Largest Pharmacy Chain in theU.S. | S&P "BBB+" Investment Grade
- Located at a Hard Corner of a Busy Signalized Intersection with Strong Traffic Counts
- Rent Holiday CVS - Landlord will Credit an Amount Equal to Three Years Rent to Account for Rent Holiday in the Final Three Years of Lease Term
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,376 SF
Building Class
C
Year Built/Renovated
2008/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.78 AC
Zoning
C - Commercial
Parking
69 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 28-06-14-4-000-064 | Improvements Assessment | $323,000 |
| Land Assessment | $119,180 | Total Assessment | $442,180 |
