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Net-Leased Walgreens Retail
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370 Schillinger Rd S, Mobile, AL 36695

Fee simple building is fully leased to Walgreens under a net lease with minimal landlord obligations.

Property SizeContact for details
Days on Market124

Property Features for 370 Schillinger Rd S

General Information

Standard status Active
Property subtype Retail
Listing Agency: The Kase Group
Listed By: Jacob Abusharkh · License #CA 01385529
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 5:09AM

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 The Kase Group

Investment Insights

Based on property information with market context.

This offering is for the 100% fee simple interest in a land and building retail property leased to Walgreens under a net lease with minimal landlord obligations.

The property is located on a highly trafficked thoroughfare in a thriving market and sits at a signalized hard corner, providing visibility.

The surrounding retail environment includes national retailers such as Walmart Supercenter, Lowe’s, Hobby Lobby, and Chick-fil-A.

Key Highlights

  • 100% fee simple interest in the land and building
  • Fully leased to Walgreens under a net lease
  • Net lease structure calls for minimal landlord obligations

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Gary A. Ray, Pharm Pharmacy Letitia J. Burage, ... Pharmacy Redbox Cinema Walgreens Pharmacy

Suggested Use

Top Pick Electrical Service Law Firm Parking Lot & Garage Dental Office Plumbing Service Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby
Well-served
Demand for This Use

Demographics for 36695, AL

51,174
Population
21,269
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
95%
High-School Grad
45.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$75,236
Median Household Income
$47,614
Median Earnings
$1,192
Median Rent
$234,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • CVS Pharmacy 790 Schillinger Rd S, Mobile, AL 36695
  • Shanna M. Howard, PharmD 790 Schillinger Rd S, Mobile, AL 36695
  • CVS 790 schillinger rd s, mobile, al 36695
  • Laura B. Brown, PharmD 790 Schillinger Rd S, Mobile, AL 36695
  • Mikel Gilbert, RPH 790 Schillinger Rd S, Mobile, AL 36695

Frequently Asked Questions

What type of property is this?
Drug store - Fee simple building is fully leased to Walgreens under a net lease with minimal landlord obligations.
Where is this drug store located?
The property is located at 370 Schillinger Rd S Mobile, AL.
What are key features of this property?
This property features: 100% fee simple interest in the land and building; Fully leased to Walgreens under a net lease; Net lease structure calls for minimal landlord obligations
(925) 348-1844 Call to check price and availability
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