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5365 Willis Rd Theodore, AL

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For Sale
$1,450,000

17,400± SF industrial property with credit tenant in place.

Lot size:
1.64 Acres

Property Features for 5365 Willis Rd

General Information

Lot size
1.64 Acres

Source: CRE Mobile Agent Pete Riehm

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Theodore Warehouse with Covered Dock

This industrial property in Theodore, Alabama, features a total area of approximately 17,400 square feet, including a 12,000-square-foot warehouse, a 2,400-square-foot office space, and a 3,000-square-foot covered dock. The property is situated on a 1.63-acre lot and is zoned I-1: Light Industrial. It includes one drive-in door and one dock-high door. A credit tenant is currently in place, generating an NOI of $107,150, with 27 months remaining on the lease and a 12-month renewal option.
Location Intelligence

Current Use by Public Records

Warehouses

Similar Places Nearby

Dolphin Self Storage, Near-by Self Storage Units, Self-Storage at U-Haul, Extra Space Storage

Map

City
Theodore
County
Mobile
State
Alabama
Longitude
-88.1047287
Latitude
30.6809949

FAQs

What type of property is this?
Warehouse - 17,400± SF industrial property with credit tenant in place.
Where is this warehouse located?
The property is located at 5365 Willis Rd Theodore, AL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - Credit tenant in place generating $107,150 NOI with 27 months remaining and a 12-month renewal option.; - 17,400± SF total space including 12,000± SF warehouse, 2,400± SF office, and **3,000± SF covered dock**.; - I-1 Light Industrial zoning on 1.63 AC.
More about this property
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