Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2451 D'iberville Dr Mobile, AL 36695

    Sponsored
    For Sale
    $3,361,921

    High-yield, NNN-leased medical property.

    Property size:
    3,726 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 3,726 square foot, single-tenant net-leased storefront property in Mobile, Alabama. The property, built in 2023, is 100% occupied by Fast Pace Health under a 15.3-year lease commencing December 28, 2023, and expiring April 30, 2039. The lease includes a substantial 14.4 years remaining on the primary term, with three 5-year renewal options. Rent increases by 10% every five years, ensuring consistent income growth. The property boasts a strong 6.35% cap rate and a Net Operating Income (NOI) of $213,482, with an asking price of $3,361,921 ($902.29/sq ft). Landlord responsibilities are limited to the building structure only. The strategic location on D'Iberville Dr N, Mobile, AL 36695, benefits from high traffic volume (over 20,500 vehicles per day) and proximity to major retailers such as Walmart Supercenter and a newly constructed Publix. The surrounding area demonstrates strong demographics, with over 95,900 residents within a five-mile radius and a six-figure average household income ($114,068) within a three-mile radius. Fast Pace Health, a rapidly expanding urgent care provider with over 250 locations, provides a stable and recession-resistant tenant. This investment offers a compelling combination of strong cash flow, long-term lease security, and significant upside potential. The property's location in Mobile, Alabama's third-largest city, further enhances its value within a key economic hub.

    Property Features for 2451 D'iberville Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,726 SF

    Building Details

    Year Built
    2023

    HighLights

    • Mobile, Alabama's third‑largest city and a major economic center.
    • Fast Pace Health, a large and growing healthcare provider (250+ locations), occupies the space.
    • Brand new construction completed in 2023.
    • Long‑term lease with 14+ years remaining.
    • Lease includes 10% rental increases every five years.
    • E‑commerce resistant medical tenant provides stable income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.2446542
    Latitude
    30.6396308

    Nearby Similar for Sale

    • $1,249,000
      0.03 Acres

      Renovated Mixed-Use Downtown Mobile Property

      Renovated mixed-use property in Mobile's central business district.
      7 Royal St N, Mobile, AL 36602
      View Details
    • New
      $189,000
      2.09 Acres

      Waterfront Property on Dog River

      2.09 acres with 382' waterfront on Dog River.
      1620 Martin Dr W, Mobile, AL 36605
      View Details
    • $2,100,000
      1.48 Acres

      Church/Sports Facility Near USA Campus

      Church or sports-related business opportunity near the University of South Alabama.
      06819 Old Shell Rd, Mobile, AL 36608
      View Details
    • $388,600
      0.13 Acres

      Downtown Mobile Mixed-Use Property

      Office or residential property in walkable downtown Mobile, Alabama.
      605 St Francis St, Mobile, AL 36602
      View Details
    • $204,000
      0.29 Acres

      Income-Generating Triplex in Eight Mile

      Triplex with long-term tenants, immediate cash flow, and investment potential.
      4572 Myers Rd, Mobile, AL 36613
      View Details
    • $390,000
      0.57 Acres

      New Construction Duplex Investment Opportunity

      New construction duplex in Mobile, AL, ideal for investors.
      3475 Denmark Rd, Mobile, AL 36618
      View Details
    • $475,000
      0.58 Acres

      Commercial Property with Established Tenant

      Commercial property with established tenant, ideal for healthcare investment.
      805 Downtowner Loop W, Mobile, AL 36609
      View Details
    • $725,000
      0.63 Acres

      Updated Office Investment Opportunity

      Class A office complex in a desirable commercial corridor.
      1100 Hillcrest Rd, Mobile, AL 36695
      View Details
    • $475,000
      3.35 Acres

      Waterfront Property in Gated Community

      Waterfront property on Dog River with pier and dock.
      2637 Robin Hood Dr, Mobile, AL 36605
      View Details
    • $2,100,000
      2.58 Acres

      Church Near University of South Alabama

      Church property near USA campus, ideal for visionary ministry.
      53 Foreman Rd, Mobile, AL 36608
      View Details
    • New
      $529,000
      1.02 Acres

      Updated Office Building in Midtown

      Versatile commercial office space in Midtown Mobile, recently updated.
      1962 Spring Hill Ave, Mobile, AL 36607
      View Details
    • $425,000
      0.83 Acres

      Updated Commercial Building with Metal Building

      Versatile commercial building with offices, conference room, and metal building.
      7970 Tanner Williams Rd, Mobile, AL 36608
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-yield, NNN-leased medical property.
    Where is this individual retail property located?
    The property is located at 2451 D'iberville Dr Mobile, AL.
    What is the asking price?
    The asking price for this property is $3,361,921.
    What are key features of this property?
    This property features: Mobile, Alabama's third-largest city and a major economic center.; Fast Pace Health, a large and growing healthcare provider (250+ locations), occupies the space.; Brand new construction completed in 2023.
    Request Owner's contact information
    2451 D'iberville Dr Mobile, AL 36695
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2451 D'iberville Dr
    Mobile, AL 36695
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2451 D'iberville Dr Mobile, AL 36695
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.