2451 D'Iberville Dr N, Mobile, AL

Listing agent Randy Blankstein License #471005983

Listing office The Boulder Group - Corporate Show Phone

Listing date Nov 28, 2024

Source Moodyscre

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Overview

This commercial property is located in Mobile, Alabama, the state's third-largest city and a key economic hub. Constructed in 2023, the property is leased to Fast Pace, a medical tenant with over 250 locations across multiple states. The building has 3,726 square feet. The lease has a remaining primary term of over 14 years, structured as a NNN lease, which assigns minimal responsibilities to the landlord, specifically no roof exposure. The lease includes 10% rental escalations every five years and is backed by a corporate guaranty. Situated along Cottage Hill Road, the location benefits from high traffic volume of 20,500 vehicles per day. The surrounding area has a dense population, with over 95,900 residents within a five-mile radius and a six-figure average household income of $114,068 within three miles. The property is near a variety of retailers, including a new construction Publix, Walmart Supercenter, Walgreens, Goodwill, Whataburger, and McDonald’s.

Similar Places Nearby

• Bel Air Animal Hospital — 2811 Airport Blvd, Mobile, AL 36606
• Bentley Angela G DVM — 2811 Airport Blvd, Mobile, AL 36606

Map

City

Mobile

County

Mobile

State

Alabama

Longitude

-88.1047

Latitude

30.681

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FAQs

What type of property is this?

Medical Office Space - New construction medical office with long-term lease and minimal landlord responsibilities.

Where is this medical office space located?

The property is located at 2451 D'Iberville Dr N Mobile, AL.

What is the asking price?

The asking price for this property is $3,259,267.

What are key features of this property?

This property features: 14+ years remaining on the primary lease term; NNN lease – minimal landlord responsibilities (no roof exposure); Medical tenant – E‑commerce resistant