For Sale
CVS | Mobile, AL
Asking Price: $4,120,000
| Cap Rate: 4.85%
- Net Operating Income: $200,000
- Weighted Avg. Lease Term (WALT): 25 Years
- Lease Type: Ground
Property Highlights
- Brand new construction at an extremely high traffic intersection, Airport Blvd and University Blvd with combined traffic counts over 104,000 VPD
- Rare increase in primary lease term and attractive increases in each option
- 7 minutes to Providence Hospital, a full service, 349- bed medical/surgical facility
- Neighboring tenants include Publix, Family Dollar, Planet Fitness, Five Guys, Chick-fil-A, Applebee’s, Dollar General, and more
