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    6300 Grelot Rd Mobile, AL 36609

    For Lease
    $12 SF/Yr

    Mobile, AL: Strong Anchored Center

    Lot size:
    76,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Hillcrest Marketplace, a single-story, 76,364 square foot neighborhood retail center in Mobile, Alabama, presents a compelling investment opportunity. Built in 1997, this property boasts a strong anchor tenant, Winn Dixie, ensuring consistent traffic and visibility. Currently, there is 10,200 square feet of vacant space available, including one sizable unit of 6,200 square feet, ideal for a variety of retail uses. The center is strategically located at 6300 Grelot Rd, Mobile, AL 36609, in Mobile County, benefiting from its proximity to medical facilities, office buildings, storage units, and a car wash, creating a high-traffic area with diverse customer demographics. The property features no elevators, a common characteristic for single-story retail centers. The convenient location and established tenant base make this a prime opportunity for expansion or new business establishment. The available space offers significant potential for growth and profitability within a thriving retail environment. This well-maintained center provides a solid foundation for a successful retail venture. The property's size and location make it an attractive option for businesses seeking high visibility and accessibility in a busy commercial area. The existing anchor tenant provides a stable base for the center's overall performance.

    Property Features for 6300 Grelot Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    76,364 SF
    Total Rate
    76364

    Building Details

    Year Built
    1997
    Stories
    1

    Unit(s) available at that property

    Space
    J
    Size
    6,200 SF
    Rate per SF
    $12

    HighLights

    • 76,364 SF single‑story neighborhood retail center in Mobile, AL.
    • Strong anchor tenant (Winn Dixie) ensures high traffic.
    • 10,200 SF of vacant space available, including one 6,200 SF unit.
    • Located at 6300 Grelot Rd, Mobile, AL 36609, near medical facilities, offices, and other businesses.
    • No elevators (single‑story building).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Firehouse Subs Grelot Sandwich Shop Master Cleaners Dry Cleaner First Klass Infatables Party Equipment Rental Service Vip Nails & Tan Nail Salon Winn-Dixie Pharmacy Grocery Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.1887338
    Latitude
    30.6626067

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    FAQs

    What type of property is this?
    Retail property - Mobile, AL: Strong Anchored Center
    Where is this retail property located?
    The property is located at 6300 Grelot Rd Mobile, AL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 76,364 SF single-story neighborhood retail center in Mobile, AL.; Strong anchor tenant (Winn Dixie) ensures high traffic.; 10,200 SF of vacant space available, including one 6,200 SF unit.
    Request Owner's contact information
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    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
    6300 Grelot Rd Mobile, AL 36609
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