1370 N University Blvd

Mobile, AL 36618 | Other

$1,500,000

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Listing Courtesy of

Tim Herrington

Description

Meineke Car Care Center Sale-Lease Back Opportunity:Deal Snapshot: -New Construction -Sale-Lease Back [Tenant will execute a fresh 10 year Absolute NNN lease.]-Strong store car count numbers [Averages around +-250 a month]-Tremendous visibility and easy access to property. - Next to a brand new Neighborhood Walmart Grocery-Highway 98 has traffic counts of +-30000 cars.

Property Details

Property Type Retail-Commercial Status Active MLS # 30436638

structure

Total Baths 0

characteristics

lot size units acres

tax

parcel number R022802101003028.002.

financial

cap rate 7.0

contract

listing terms Cash to Seller, Sale/Leaseback

compensation

Buyer Agency Comp. 2.5%
The buyer agent compensation offered only applies to participants and data share participants of the Gulf Coast CMLS.