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    Walgreens in Grand Bay, AL
    Updated: Mar 14, 2025
    Walgreens in Grand Bay, AL

    12550 US-90, Grand Bay, AL 36541

    $3,454,317
    14,403 sqft 1.63 AC lot
    Absolute NNN lease offers passive income with zero landlord responsibilities.
    Enjoy long‑term stability with a ± 13.5‑year remaining lease term.
    Located in Grand Bay, AL, part of the Mobile, AL MSA.
    Benefit from a 5% rent increase every 5 years, providing an increasing income stream.
    Twelve 5‑year renewal options offer extended investment potential.
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    This listing looks promising.

    Here's a quick look at some key insights for

    12550 US-90, Grand Bay, AL 36541

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $191K
      Annual

    • Price @ 7% Cap

      $2.72M
      Suggested
    View Property Analytics
    Strip Center with Pharmacy Anchor
    Updated: Jun 27, 2023
    Strip Center with Pharmacy Anchor

    2912 Dauphin Island Parkway, Mobile, AL 36605

    $1,465,000
    2.85 AC lot
    Strip center with over 27,000 sq ft of leasable space
    Anchor tenant space totals about 15,000 sq ft
    Additional 12,000 sq ft of small shop space plus a Walgreens pharmacy
    Two‑parcel property with legal descriptions shown; buyer to verify all details during due diligence
    Built‑up roof; block and brick (3 sides) construction; rain gutters
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    Midtown Mobile Retail/Office Opportunity
    Midtown Mobile Retail/Office Opportunity

    150 S Ann St, Mobile, AL 36604

    $1,495,000
    11,000 sqft 1.38 AC lot

    Former Rite Aid on high-traffic corner, suitable for retail/office.

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    Commercial Building on Highway 43
    Commercial Building on Highway 43

    19390 Highway 43, Mount Vernon, AL 36560

    $269,900

    Commercial building in Mt. Vernon with high traffic location.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Mobile County, AL, we suggest exploring several alternatives: similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Mixed-Use Land Parcel
    Zoned Mixed-Use Land Parcel

    10200 BLK Hwy 97, Walnut Hill, FL 32568

    $119,500
    4.45 AC lot

    Zoned RMU commercial land offering residential development potential with allowance for limited small retail and services.

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    Commercial Land in Busy Area
    Commercial Land in Busy Area

    114 Hayes St, Houma, LA 70363

    $325,000
    1.58 AC lot

    1.587 acre pad site in a high-traffic commercial area.

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    Thibodaux Land Development Opportunity
    Thibodaux Land Development Opportunity

    179 West Park Avenue, Thibodaux, LA 70301

    $1,800,000
    14.98 AC lot

    Prime land for development near university and health system.

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    Commercial Lot on Corner Location
    Commercial Lot on Corner Location

    747 Memorial Drive, Bessemer, AL 35022

    $104,900
    0.76 AC lot

    Corner 0.76-acre commercial lot near UAB West Hospital.

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    Off-Market Properties in Mobile County, AL

    Consider similar Off-Market properties in Mobile County, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3226 St Stephens Rd
    Individual retail properties

    3226 St Stephens Rd, Mobile, AL 36612

    Value Estimation by Request
    10,000 sqft
    View details
    5301 Moffett Rd
    Individual retail properties

    5301 Moffett Rd, Mobile, AL 36618

    Value Estimation by Request
    60,123 sqft 6.87 AC lot
    View details

    Mobile County, AL Drug Stores Market Trends and Statistics

    Explore 6 drug stores for sale in Mobile County, AL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 25,403 square feet of properties for sale, with an estimated market value of $4,949,317.

    Sale prices for pharmacies in Mobile County, AL start at $1,495,000, averaging $2,474,658, and reaching up to $3,454,317 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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