For Sale
$1,615,385
5375 Us-90 Mobile, AL 36619
High-Yield NNN Lease, 6.5% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,615,385 asking price for a 1,421 SF auto shop.
- Net lease investment with a 6.50% cap rate.
- 100% occupancy with a $105,000 annual net operating income (NOI).
- Located at 5375 US-90, Mobile, AL 36619, on a 0.61-acre lot.
- Corporate guaranteed, 20-year NNN lease with 1.5% annual rent increases.
Property Details for 5375 Us-90
- Property type
- Retail properties, Auto shops
- Square Feet
- 1,421 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 26,572 SF
Location Insight
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Latitude
- 30.5927216
- Longitude
- -88.1684452
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield NNN Lease, 6.5% Cap Rate
- Where is the retail property located?
- The property is located at 5375 Us-90 Mobile, AL.
- What is the asking price?
- The asking price for this property is $1,615,385.
- What are key features of this property?
- This property features: $1,615,385 asking price for a 1,421 SF auto shop.; Net lease investment with a 6.50% cap rate.; 100% occupancy with a $105,000 annual net operating income (NOI).
- How can I contact the broker?
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