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Palmetto Place 960 Schillinger Rd 25,250 SF 70% Leased Retail Building Mobile, AL 36608 $4,600,000 ($182.18/SF)

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Investment Highlights

Frontage on Schillinger Road, a Major North-South Artery Seeing 40,000+ VPD
Diverse Tenant Mix With No Big Box Exposure

Strong Submarket Surrounded By Both Established National Retailers and New Construction Retailers

Executive Summary

errington Realty is pleased to present the opportunity to purchase Palmetto Place, a multi-tenant neighborhood retail center located at 960 Schillinger Rd S in Mobile, Alabama. Constructed in 2006, this 25,250 SF center is situated on a 2.86-acre lot and offers a stable investment with a current occupancy of 90%. The property features 11 total units, with 10 of 11 units currently leased to a diverse mix of tenants. Its high-visibility location along Schillinger Road provides tremendous frontage and exposure to one of the city's most prominent retail corridors. Strategically positioned in the heart of West Mobile, Palmetto Place benefits from exceptional traffic counts exceeding 40,000 vehicles per day. The center is directly across the street from a brand-new Aldi, Panda Express, and a major new apartment complex, highlighting the area’s continuous residential and commercial expansion. Surrounded by a dense concentration of national retailers—including Walmart, Target, Kohl's, and Home Depot—the property is a
key fixture in a thriving retail hub that serves as a primary destination for the surrounding communities.

Palmetto Place OM

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

25,250 SF

Building Class

Year Built

2006

Price

$4,600,000

Price Per SF

$182.18

Percent Leased

70%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.20

Lot Size

2.86 AC

Zoning

B-3

Parking

102 Spaces (4 Spaces per 1,000 SF Leased)

Frontage

208’ on Schillinger Rd

Dedicated Turn Lane
Pylon Sign

Signage

Wheelchair Accessible

Air Conditioning

Space Availability

Space
Size
Space Use
Position
Available

G
2,500 SF
Retail
In-Line
Now

Retail space located on Schillinger Road in West Mobile with tremendous frontage.? Directly across the street from a brand new Aldi, Panda Express and new Apartment complex on one of the main retail corridors.? Spaces already built out and suitable for multiple retail uses.?

H
2,500-5,000 SF
Retail
-
Now

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 1 of 8 — Building Photo

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 2 of 8 — Building Photo

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 3 of 8 — Building Photo

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 4 of 8 — Building Photo

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 5 of 8 — Building Photo

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 6 of 8 — Building Photo

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 7 of 8 — Building Photo

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 8 of 8 — Building Photo

Fully built out office/retail space in West Mobile located on Schillinger Rd. Tremendous traffic counts and great visbility across from a brand new Aldi.

Space	Size	Space Use	Position	Available
G	2,500 SF	Retail	In-Line	Now
H	2,500-5,000 SF	Retail	-	Now

Size

2,500 SF

Space Use

Retail

Position

In-Line

Available

Now

Size

2,500-5,000 SF

Space Use

Retail

Position

Available

Now

1 of 8

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Street View Street

Map

1 1

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Traffic

Fairly walkable

50/100

Exceptionally drivable

90/100

Somewhat bikeable

30/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 27-07-25-1-000-002.004 27-07-25-1-000-002.006 27-07-25-1-000-002.005	Improvements Assessment	$427,700
Land Assessment	$128,140	Total Assessment	$555,840

Property Taxes

Parcel Numbers

Multiple

27-07-25-1-000-002.004
27-07-25-1-000-002.006
27-07-25-1-000-002.005

Land Assessment

$128,140

Improvements Assessment

$427,700

Total Assessment

$555,840

(251) 510-2277

Contacts

Tim Herrington
Colby Herrington
Parker Herrington
Herrington Realty, Inc.

Listing ID: 39317998
Date on Market: 2/4/2026
Last Updated:
Address: 960 Schillinger Rd, Mobile, AL 36608

1 of 3

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Map

960 Schillinger Rd, Mobile, AL for sale Primary Photo- Image 1 of 3 — Screenshot 2026-02-04 at 9.02.13?AM

960 Schillinger Rd, Mobile, AL for sale Building Photo- Image 2 of 3 — IMG_1382

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