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Retail Space in University Square
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5821 Old Shell Rd, Mobile, AL 36608

Prime retail space near University of South Alabama.

Space Size1,200 SF
Property Size8,400 SF
Days on Market1028

Property Features for 5821 Old Shell Rd

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 8,400 SF
Tenancy Multiple

Spaces For Lease

at 5821 Old Shell Rd Contact us

Space 2

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Merrill P. Thomas
Listed By: Michael Reid · License #AL 0625490
Source: Crexi
Added: Nov 2, 2023 Changed: Aug 23 Last Checked: Aug 24 at 7:38PM

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 Merrill P. Thomas

Investment Insights

Based on property information with market context.

This 1,200 square foot retail space is located in University Square Shopping Center. The location is a core retail area near several new apartment complexes and directly across from the University of South Alabama, which has approximately 16,700 enrolled students and over 6,000 employees. The shopping center is surrounded by nationally recognized retail businesses, including Chicken Salad Chick, Hibachi Express, Dunkin Donuts, AT & T Center, Holiday Inn Express, McDonalds, and Pizza Hut. The site benefits from a traffic light turn signal for easy entry and exit. Old Shell Road in front of the site has a daily traffic count of approximately 30,472. The property offers excellent exposure and visibility and is zoned B-3.

Key Highlights

  • Prime retail space in University Square Shopping Center.
  • Located directly across from the University of South Alabama (16,700 students, 6,000 employees).
  • High daily traffic count (30,472) on Old Shell Rd.

Property Analytics

Current Use

Mo’s Barber Barber Shop Pizza Hut Take-out & Catering South Nutrition Specialty Food Shop ATM Atm Fading Amy Barber Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Pharmacy Auto Parts Store Spa & Massage Center

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
$36.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space near University of South Alabama.
Where is this retail space located?
The property is located at 5821 Old Shell Rd Mobile, AL.
What is the lease rate?
The lease rate is $240 SF/Yr.
What are key features of this property?
This property features: Prime retail space in University Square Shopping Center.; Located directly across from the University of South Alabama (16,700 students, 6,000 employees).; High daily traffic count (30,472) on Old Shell Rd.
(251) 476-0808 Call to check price and availability
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