Fully Occupied Retail Shopping
For Sale
Contact for pricing
4358 Old Shell Road, Mobile, AL 36608
Fully occupied shopping center offers a longstanding retail footprint with shopping and dining tenants in place.
Property Size111,627 SF
Days on Market57
Property Features for 4358 Old Shell Road
General Information
Standard status
Active
Size
111,627 SF
Class
A
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Core+
Building Details
Year Built
1961
Year Renovated
2022
Units
470
Tenancy
Multi
Listing Agency:
JLL - Atlanta, Georgia
(404) 942-2212
Listed By:
Jim Hamilton · License #GA 270038
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 11 at 7:36PM
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 JLL - Atlanta, Georgia
Investment Insights
Based on property information with market context.
Spring Hill Village is a retail shopping center totaling 111,627 square feet, originally built in 1961. The property is presented as fully occupied, maintaining a 100% occupancy rate. The center’s tenant mix supports shopping and dining experiences within a single retail asset.
Located at 4358 Old Shell Road in Mobile, Alabama, Spring Hill Village is described as having excellent transportation access. The property is also noted as being in proximity to ongoing developments in the area, reinforcing its positioning within Mobile’s retail environment.
For buyers or institutional investors, Spring Hill Village is offered for acquisition with the current occupancy profile in place. The remarks also outline an investment thesis centered on stability and potential value creation through tenant improvements and market repositioning, aligning with how the ownership would look to enhance the asset over time while maintaining an operating retail center.
Located at 4358 Old Shell Road in Mobile, Alabama, Spring Hill Village is described as having excellent transportation access. The property is also noted as being in proximity to ongoing developments in the area, reinforcing its positioning within Mobile’s retail environment.
For buyers or institutional investors, Spring Hill Village is offered for acquisition with the current occupancy profile in place. The remarks also outline an investment thesis centered on stability and potential value creation through tenant improvements and market repositioning, aligning with how the ownership would look to enhance the asset over time while maintaining an operating retail center.
Key Highlights
- Spring Hill Village shopping center built in 1961
- 111,627 SF of retail space
- 100% occupancy rate (fully occupied)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36608, AL
39,782
Population
17,690
Households
2.2
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
65.1 sq mi
ZIP Area
611
Density / Sq Mi
$64,372
Median Household Income
$37,530
Median Earnings
$1,045
Median Rent
$234,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied shopping center offers a longstanding retail footprint with shopping and dining tenants in place.
Where is this shopping center located?
The property is located at 4358 Old Shell Road Mobile, AL.
What are key features of this property?
This property features: Spring Hill Village shopping center built in 1961; 111,627 SF of retail space; 100% occupancy rate (fully occupied)
