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115 S University Blvd, Mobile, AL 36608

Three office suites offer separate power meters, rear entrances, and a mix of private and open work areas.

Space Size4,500 SF
Days on Market4

Property Features for 115 S University Blvd

General Information

Standard status Active
Size 4,500 SF
Net Rentable 750 SF
Property subtype OFFICE
Zoning B-1
Lease Type NNN

Space & Availability

Available Space 750-2,500 SF
Contiguous Space 2,500 SF
Space Use Office

Site & Location

Road Access Yes
Utilities to Site Yes

Building Details

Building Size 4,500 SF

Spaces For Lease

at 115 S University Blvd Contact us

Up to 4,500 SF Office Space $18/SF/Yr

Size
4,500 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
- 4,500± SF office building - Suite A: 2,500 SF - Suite B: 1,200 SF - Suite C:...
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Listing Agency: CRE Mobile
Listed By: Leigh Rendfrey · License #0001126640
Source: Moodyscre
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRE Mobile

Investment Insights

Based on property information with market context.

This office property contains three suites totaling approximately 4,500 square feet. Suite A has eight offices, a reception area, break room, work and mail area, file room, storage, and two restrooms. Suite B includes three open offices, a private office, a conference room with kitchenette, and a restroom. The third suite offers three offices, with access to a downstairs break room and shared first-floor restroom and common area. A ramp serves the building’s front entrance, and each suite has a rear entrance and separate power meter.

The building fronts University Boulevard in Mobile, where traffic exceeds 25,900 cars per day. Parking includes eight spaces at the front and 11 behind the building. The property is zoned B-1: Business Buffer.

Key Highlights

  • Approximately 4,500 SF office building with three suites
  • Suite A: 2,500 SF with eight offices, reception, break room, work/mail area, file room, storage, and 2 restrooms
  • Suite B: 1,200 SF with 3 open offices, 1 private office, conference room, kitchenette, and restroom

Property Analytics

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Open Analytics

Current Use

Burkholder Insurance, Inc. Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 36608, AL

39,782
Population
17,690
Households
2.2
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
65.1 sq mi
ZIP Area
611
Density / Sq Mi
$64,372
Median Household Income
$37,530
Median Earnings
$1,045
Median Rent
$234,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Mobile, AL

$15 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
9,273 SF
Avg Space Size

This space is priced 20% above the average of $15 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Three office suites offer separate power meters, rear entrances, and a mix of private and open work areas.
Where is this office units located?
The property is located at 115 S University Blvd Mobile, AL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 4,500 SF office building with three suites; Suite A: 2,500 SF with eight offices, reception, break room, work/mail area, file room, storage, and 2 restrooms; Suite B: 1,200 SF with 3 open offices, 1 private office, conference room, kitchenette, and restroom
(601) 941-1533 Call to check price and availability
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