For Sale
$1,900,000
703 Western DrMobile, AL 36607
Industrial warehouse, 28,134 SF, 7.20% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- 28,134 SF Class C warehouse in Mobile, AL, on a NNN lease with a 7.20% cap rate.
- Asking price: $1,900,000, NOI: $136,800, price per SF: $67.53.
- Single-tenant occupancy with a contractor for Airbus; annual rent is $136,309 ($4.85/SF), with 2% annual rent increases.
- Features include 16' ceilings, five loading docks, three dock-high doors, a drive-in ramp, 27 parking spaces, 1,700 SF of office space, and 1,500 SF of showroom space.
Property Details for 703 Western Dr
- Property type
- Warehouses, Industrial properties
- Square Feet
- 28,134 SF
- Class
- C
- Year Built
- 1972
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Latitude
- 30.7119763
- Longitude
- -88.1151208
703 Western Dr, Mobile, Alabama
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