• Krystal Ground Lease | Mobile AL - 475 Schillinger Rd S, Mobile, AL 36695

For Sale

Office

For Sale

This property is available for sale
0.04
Acres
$1,842,000
Sale Price
  • Year Built
    2019
  • Overview

    1,788 SF Single-Tenant Offering Krystal Ground Lease | Mobile AL

    New 15-Year Absolute NNN Lease with Annual Increases
    Corporate Guaranty with 360+ Location
    19-Year Operating History, Complete Scrape and Rebuild of Previous Structure
    High-Performing Location, Rare 24-Hour Service on Weekend
    70% of System-Wide Sales Generated at Drive-Thru
    Minutes to 14,834 Students at the University of South Alabama with 5,500 Employees
    Surrounded by Several K-12 Schools, Over 57,900 Students Enrolled in Mobile County
    Highly Visible to 80,080 Cars/Day Along Primary Retail Corridor
    175,475 Residents in Growing Trade Area

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Property Details

1,788 SF Single-Tenant Offering Krystal Ground Lease | Mobile AL

New 15-Year Absolute NNN Lease with Annual Increases
Corporate Guaranty with 360+ Location
19-Year Operating History, Complete Scrape and Rebuild of Previous Structure
High-Performing Location, Rare 24-Hour Service on Weekend
70% of System-Wide Sales Generated at Drive-Thru
Minutes to 14,834 Students at the University of South Alabama with 5,500 Employees
Surrounded by Several K-12 Schools, Over 57,900 Students Enrolled in Mobile County
Highly Visible to 80,080 Cars/Day Along Primary Retail Corridor
175,475 Residents in Growing Trade Area

  • Property Type
    Office
  • Year Built
    2019
  • Sale Price
    $1,842,000
  • Total Acres
    0.04
  • Cap Rate
    6.0%
  • Property ID
    2074535

Landlord's Sales Representative

  • Thomas Ladt
    Colliers | Carlsbad