4684 Shipyard Rd, Mobile, AL 36619

The property is a well-secured concrete industrial building occupied by The Brink’s Company, a global provider of cash and valuables management, digital retail solutions, and ATM managed services. Brink’s operates in 51 countries and owns over 16,000 vehicles, employing over 68,000 team members. Brink’s, Inc. is rated BB+ by S&P and Ma2 by Moody’s. The tenant has continuously operated at this location for 25 years and just exercised another 5-year option to extend its lease. The lease is NN with tenant paying for utilities, taxes, insurance and maintaining most aspects of the premises. Landlord responsibilities are limited to roof and structural portions of the premises with a roof warranty in place through 2034. The property features drive-through loading, two separate loading bays with high-security doors, office space, a chain-link fence perimeter with razor wire, and a security gate. The roof of the 9,000-square-foot building was replaced in 2019. The location provides convenient access to Interstate 10 and Interstate 65, with traffic volumes of 89,120 and 84,397 vehicles per day, respectively. It is situated approximately 5 miles southwest of Mobile International Airport, which serves over 525,000 enplaned passengers annually, with projections to increase to over 588,000 by 2030. The surrounding area supports a trade area with more than 82,000 residents and 34,000 employees, with an average household income of $80,247.