CVS | Mobile, AL

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

Brent Hanna

248.702.0293
brent@encorereis.com

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Offering Information

900 Government St
Mobile, AL 36604

  • Price: $1,615,308
  • Cap. Rate: 9.25%
  • NOI: $149,416
  • Building Size: 10,195SF
  • Lot Size: 1.44 AC

Investment Highlights

  • Absolute Net Bond Lease | Leasehold Interest | 100 Percent Depreciable
  • Prototypical Free Standing Building | Drive Thru Available on Site
  • Investment Grade Tenant - Standard & Poor’s Credit Rating - “BBB+”
  • Positioned 3.5 Miles Away From USA Medical Center
  • Within Close Proximity to The Mobile Civic Center
  • Hard Corner Signalized Intersection of Government St and S Broad St
  • High Volume Traffic | Combined Traffic Counts Boast 38,900 VPD+
  • Population Within a 5-Mile Radius Exceeds 93,342 People
  • Average Household Income Within 1 Mile of Subject Property is $51,899
  • National Tenants Surrounding Investment Property: Wendy’s, Checker’s, Popeyes, McDonalds, Hardees, Taco Bell, Enterprise Rent-A-Car and More