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Downtown Mobile Office Space

5 N Conception St, Mobile, AL 36602

For Lease
$25 SF/Yr

Class A office space in the heart of Downtown Mobile.

Space Size3,842 SF
Days on Market229

Property Features for 5 N Conception St

General Information

Standard status Active
Size 3,842 SF
Property subtype Office

Building Details

Building Size 3,842 SF

Spaces For Lease

at 5 N Conception St
2nd Floor $25/SF/Yr
Floor 2
Size 3,842 SF
Type Office
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: CRE Mobile
Listed By: David Dexter · License AL #000075295
Source: Commercialcafe
Added: Mar 27 Changed: Nov 1 Last Checked: Nov 10 at 5:21AM

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 CRE Mobile

Rey
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Investment Insights

Based on property information with market context.

This is a 3,842 square foot Class A office space located on the second floor. The property is zoned T5.2 - Mixed Use and features a full kitchen and ADA-compliant restrooms. It includes large, open rooms suitable for meetings, events, and celebrations. A balcony overlooks Bienville Square and the Dauphin Street Entertainment District. The property is situated directly on the main Mardi Gras parade route, offering excellent visibility and walkability to over 600 businesses employing more than 7,700 people. The location is in the heart of Downtown Mobile, with convenient access to I-10, I-165, Dauphin Street, and Government Boulevard.

Key Highlights

  • Located directly on the Mardi Gras parade route with balcony overlooking Bienville Square and the Dauphin Street Entertainment District.
  • 3,842± SF Class A office space in the heart of Downtown Mobile.
  • Excellent visibility and walkability to over 600 businesses and 7,700+ employees.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Garden Center Food Market Veterinary Clinic Skin Care Clinic

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

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,723
Businesses Nearby

Demographics for 36602, AL

910
Population
802
Households
1.1
Avg Household Size
56
Median Age
45%
College-Educated
91%
High-School Grad
3.9 sq mi
ZIP Area
233
Density / Sq Mi
$35,000
Median Household Income
$48,523
Median Earnings
$596
Median Rent
$258,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Mobile, AL

$14.84 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
8,686 SF
Avg Space Size

This space is priced 68% above the average of $14.84 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Mobile, AL

$13.09 Jul
$14.43 Aug
$14.25 Sep
$13.95 Oct

Properties on Market for Office Units in Mobile

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Class A office space in the heart of Downtown Mobile.
Where is this office unit located?
The property is located at 5 N Conception St Mobile, AL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located directly on the Mardi Gras parade route with balcony overlooking Bienville Square and the Dauphin Street Entertainment District.; 3,842± SF Class A office space in the heart of Downtown Mobile.; Excellent visibility and walkability to over 600 businesses and 7,700+ employees.
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