Krystal Ground Lease | Mobile AL - 475 Schillinger Rd S, Mobile, AL 36695
For Sale
For Sale
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Year Built
2019
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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
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 TypeOffice
- Year Built2019
- Sale Price$1,842,000
- Total Acres0.04
- Cap Rate6.0%
- Property ID2074535