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This retail storefront at 569 Holcombe Ave in Mobile, Alabama, presents an acquisition for an investor seeking a stabilized asset. The property currently operates as a fully leased shopping center, offering immediate cash flow upon purchase. Situated within the Mobile market, this storefront benefits from the established commercial activity characteristic of the Gulf Coast region. Given the 10% capitalization rate, this investment is positioned for buyers prioritizing yield in a functional retail space. The site provides a straightforward addition to a commercial portfolio, suitable for those looking for a proven, income-generating asset in an accessible urban location. Its design and current configuration support traditional retail operations, making it a viable holding for those familiar with the local submarket dynamics.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.