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7033 Airport Boulevard
Mobile, AL 36608
Asking Price
$6.63M
Cap Rate
8.3%
Asset Type
Retail
Class
Class B
What's Special
Fortis College in Mobile, AL | Corporate NN | 36,049 SF <ul><li>New 10-Year Extension | Corporate Guaranteed | Options To Extend</li><li>NN | Fee Simple Ownership</li><li>Near USA Health Providence Hospital | Airport Blvd (66,700 VPD) | University of South Alabama (14,000 Students) | Retail Corridor </li><li>Strong Demographics In 5-Mile Trade Area | 4th Largest City in AL</li></ul>
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NOI
$80,000
Cap Rate
1.21%
DSCR
0.20
Underwater
Cash-on-Cash
-15.77%
Monthly Payment
$32,786.78
Annual Cash Flow
$-313,441.362
