Walmart Grocery
For Sale
Contact for pricing
585 Schillinger Rd S, Mobile, AL 36695
Corporate-operated grocery supercenter with long-term NNN lease coverage and multiple renewal options.
Property Size207,931 SF
Lot Size19.43 Acres
Price / SF$85.20
Days on Market162
Property Features for 585 Schillinger Rd S
General Information
Standard status
Active
Size
207,931 SF
Lot size
19.43 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$1,062,946
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1997
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Mar 23
Changed: Aug 30
Last Checked: Aug 30 at 6:05AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The property is a freestanding Walmart Supercenter occupying a 207,931-square-foot building on 19.43 acres. The store has operated from this build-to-suit site since 1997, with a recent expansion to its premises. The Walmart occupancy is supported by a NNN lease with 7+ years remaining and seven (7), 5-year renewal options.
Positioned on Schillinger Road South, also designated AL Route 31, the site provides frontage and visibility from three roadways along with seven access points. Home Depot is adjacent, while Westwood Plaza—anchored by Rouses Market, Ross, and Hobby Lobby—is nearby. The property is also close to Airport Boulevard and offers access to U.S. Routes 90 and 98 and Interstate 65. Mobile Regional Airport is approximately 1.5 miles away, the University of South Alabama is 3 miles away, and Mobile’s Central Business District is about 12 miles west.
Positioned on Schillinger Road South, also designated AL Route 31, the site provides frontage and visibility from three roadways along with seven access points. Home Depot is adjacent, while Westwood Plaza—anchored by Rouses Market, Ross, and Hobby Lobby—is nearby. The property is also close to Airport Boulevard and offers access to U.S. Routes 90 and 98 and Interstate 65. Mobile Regional Airport is approximately 1.5 miles away, the University of South Alabama is 3 miles away, and Mobile’s Central Business District is about 12 miles west.
Key Highlights
- 207,931‑square‑foot freestanding building on a 19.43‑acre parcel
- Walmart Supercenter has occupied the build‑to‑suit site since 1997
- NNN lease with 7+ years remaining and seven (7), 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Food Mart — 1030 Leroy Stevens Rd, Mobile, AL 36695
- Target Grocery — 790 Schillinger Rd S, Mobile, AL 36695
- San Juan tienda latina — 7210 Airport Blvd, Mobile, AL 36608
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Corporate-operated grocery supercenter with long-term NNN lease coverage and multiple renewal options.
Where is this grocery and convenience store located?
The property is located at 585 Schillinger Rd S Mobile, AL.
What is the asking price?
The asking price for this property is $17,715,771.
What are key features of this property?
This property features: 207,931‑square‑foot freestanding building on a 19.43‑acre parcel; Walmart Supercenter has occupied the build‑to‑suit site since 1997; NNN lease with 7+ years remaining and seven (7), 5‑year renewal options
