3152 Old Shell Rd

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3152 Old Shell Rd

Mobile, AL 36607
Asking Price
$1.20M
Cap Rate
7.14%
Asset Type
Shopping Center Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail shopping center located in Mobile Alabama
  • Current asking price set at 1,200,000 dollars
  • Property features a stabilized 7.14 percent cap rate
  • Asset is currently fully leased to tenants
  • Construction utilizes low maintenance building materials

What's Special

Mobile serves as a vital economic hub on the Alabama Gulf Coast, characterized by its deep-water port, diverse manufacturing base, and proximity to major interstate corridors. Situated at 3152 Old Shell Rd, this retail shopping center benefits from its position within a stable suburban submarket. The property features low-maintenance construction, contributing to its appeal for investors seeking operational efficiency. This asset is currently fully leased, providing immediate income generation for a prospective buyer. Given the layout and positioning of this shopping center, it remains well-suited for neighborhood-focused retail operations. The property is currently available for purchase at an asking price of $1,200,000, reflecting a 7.14% cap rate. Investors looking for a stabilized commercial asset in the Mobile area will find this site a functional addition to a regional portfolio.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

Location & Travel Times