Retail Property with Vacant Office
New
For Sale
$1,050,000
3250 Pleasant Valley Road, Mobile, AL 36606
PPG Paints occupies part of the property under a lease running through December 2030, alongside vacant office space.
Property Size10,300 SF
Days on Market3
Property Features for 3250 Pleasant Valley Road
General Information
Standard status
Active
Size
10,300 SF
Property subtype
Retail
Zoning
B-3: Community Business
Additional Details
Tenant in Place
Yes
Building Details
Building Size
10,300 SF
Year Built
1997
Listing Agency:
SRS Industrial - Newport Beach
Listed By:
Dave Faris
(253) 906-5221
Source:
Srsre
Added: Oct 28
Last Checked: Oct 28 at 3:39PM
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 SRS Industrial - Newport Beach
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This retail property in Mobile includes space occupied by The Pittsburgh Paints Co., doing business as PPG Paints, and approximately 3,000 square feet of vacant office space. The tenant extended its lease through December 31, 2030, and has operated at the property since 1996. The lease is structured as Modified NN: the tenant pays 65% of real estate taxes, insurance, and water and sewer costs, and handles interior maintenance. The landlord is responsible for the roof, structure, parking lot, HVAC replacement, landscaping and common areas, as well as the remaining 35% of those expenses. The property was built in 1997 and is zoned B-3: Community Business.
Located at Pleasant Valley Road and Cottage Hill Road, the property has frontage on both roads. Reported traffic counts are 10,800 VPD on Pleasant Valley Road and 28,500 VPD on Cottage Hill Road. Nearby national retailers include The Home Depot and Hobby Lobby, along with Subway. The trade area includes more than 154,700 residents and 92,200 employees, with an average household income of $76,136.
Located at Pleasant Valley Road and Cottage Hill Road, the property has frontage on both roads. Reported traffic counts are 10,800 VPD on Pleasant Valley Road and 28,500 VPD on Cottage Hill Road. Nearby national retailers include The Home Depot and Hobby Lobby, along with Subway. The trade area includes more than 154,700 residents and 92,200 employees, with an average household income of $76,136.
Key Highlights
- PPG Paints lease runs through December 31, 2030; tenant presence dates to 1996
- Approximately 3,000 SF of vacant office space
- Modified NN lease: tenant pays 65% of real estate taxes, insurance, and water/sewer and handles interior maintenance
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Current Use
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
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Business Placement
Demographics for 36606, AL
19,042
Population
9,129
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
6.8 sq mi
ZIP Area
2,800
Density / Sq Mi
$49,561
Median Household Income
$37,094
Median Earnings
$938
Median Rent
$141,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - PPG Paints occupies part of the property under a lease running through December 2030, alongside vacant office space.
Where is this retail space located?
The property is located at 3250 Pleasant Valley Road Mobile, AL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: PPG Paints lease runs through December 31, 2030; tenant presence dates to 1996; Approximately 3,000 SF of vacant office space; Modified NN lease: tenant pays 65% of real estate taxes, insurance, and water/sewer and handles interior maintenance
