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West Park Shopping Center 1300 Schillinger Rd S

15,306 SF 100% Leased Retail Building Mobile, AL 36695 For Sale

Investment Highlights

  • 85% Leased.
  • NOI: $163,260.
  • Sherwin Williams has occupied space for over 20 years with over 2.4K Monthly Visits according to Placer.ai.
  • All tenants are currently under market.
  • Strong tenant retention & attraction.
  • Located along highly trafficked Schillinger Road with over 40,336 VPD.

Executive Summary

CBRE is pleased to offer for sale West Park, a unique value-add NNN Investment opportunity. The property consists of four buildings totaling 21,358 SF located in the rapidly expanding West Mobile submarket. The center is 85% leased to nine (9) tenants including national tenant Sherwin Williams. This opportunity provides multiple streams of income that include the retail strip center, 2 retail warehouses, a double-sided billboard located on the property, and the potential to construct an additional building on the 1.26 acres of excess land. The center offers great visibility overlooking Schillinger Road, a primary thoroughfare with 40,336 VPD. Nearby establishments include Target, Aldi, Home Depot, Walmart, Chick-fil-A, Hobby Lobby, Lowe’s, and more national retailers. West Park presents a dependable cash flow asset with that will yield significant leveraged returns.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,306 SF
Building Class
B
Year Built
1997
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
34.37 AC
Zoning
C
Parking
24 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
129 ft on Schillinger Rd

Amenities

  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Brush and Bronze
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • Christopher Pharmacy
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • Genetix Dispensary
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • Sherwin Williams
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • The Computer Store
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • The Dog'spaw
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Brush and Bronze Services 99,999 SF $9.99 Lorem Ipsum -
Christopher Pharmacy Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum -
Genetix Dispensary Services 99,999 SF $9.99 Lorem Ipsum -
Sherwin Williams Retailer 99,999 SF $9.99 Lorem Ipsum -
The Computer Store Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum -
The Dog'spaw Services 99,999 SF $9.99 Lorem Ipsum -

Nearby Major Retailers

Cracker Barrel Old Country Store
Regions Bank
Chili's Grill & Bar
Golden Corral Buffet & Grill
Steak ‘n Shake
Woodforest National Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-07-25-4-000-004
Land Assessment
$249,622 CAD
Improvements Assessment
$938,314 CAD
Total Assessment
$1,187,936 CAD
  • Listing ID: 31281137

  • Date on Market: 2024-03-20

  • Last Updated:

  • Address: 1300 Schillinger Rd S, Mobile, AL 36695

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