7231 MOFFETT RD

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7231 MOFFETT RD

MOBILE, AL 36618-4143
Asking Price
$499K
Cap Rate
10.57%
Asset Type
Day Care/Nursery Retail
Class
Class B

AI Property Summary

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

  • Retail strip center spanning 5,700 square feet
  • Occupies a spacious 1.41-acre parcel of land
  • Property features a 10.57% capitalization rate
  • Current occupancy rate stands at 68 percent
  • Asset offered for sale at 499,000 dollars
  • Includes facility space for day care operations

What's Special

This 5,700-square-foot retail asset serves as a functional investment property in Mobile, Alabama. Currently positioned as an income-producing strip center, the site includes a day care and nursery component to support the needs of the surrounding local community. Situated on a 1.41-acre parcel, the property offers a practical layout for retail or service-oriented tenants looking for accessibility within this regional market. Mobile functions as a primary economic hub along the Gulf Coast, characterized by steady growth and diversified industry sectors. The asset is presently 68% leased, providing a stable foundation for an investor or operator. Given its established configuration and current tenant base, the site is suited for continued use as a childcare facility or complementary commercial operations. The combination of land size and existing infrastructure makes this a viable addition to a local retail portfolio.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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