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7033 Airport Blvd Mobile, AL 36608

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For Sale
$7,021,000

NNN leased Fortis College with rental increases in Mobile, Alabama.

Lot size:
3.69 Acres

Property Features for 7033 Airport Blvd

General Information

Lot size
3.69 Acres

Source: SRS Industrial - Newport Beach Agent Stephen Sullivan

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


Overview

Freestanding Fortis College Investment Property

This is a fee simple interest (land & building ownership) opportunity to acquire a NNN, freestanding, corporate guaranteed Fortis College investment property located in Mobile, Alabama. The tenant, Fortis College, has 2 years remaining with 2 (5-year) options to extend. The lease features variable rental increases at the beginning of each option period. The lease is NNN with minimal landlord responsibilities.
Insight Report Location Intelligence

Current Use by Public Records

Fortis College in Mobile Technical School

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

LUSH Florist & Gifts - West, Lush Florist and Gifts - West

Location Insight

  • Map
  • Local Demand
City
Mobile
County
Mobile
State
Alabama
Longitude
-88.2055382
Latitude
30.6840551

FAQs

What type of property is this?
Storefront property - NNN leased Fortis College with rental increases in Mobile, Alabama.
Where is this storefront property located?
The property is located at 7033 Airport Blvd Mobile, AL.
What is the asking price?
The asking price for this property is $7,021,000.
What are key features of this property?
This property features: - Corporate guaranteed lease provides security and stability.; - NNN lease structure minimizes landlord responsibilities, creating a passive investment.; - Variable rental increases at option periods hedge against inflation and increase NOI.
More about this property
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