2451 D'iberville Dr N Mobile, AL

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.