West Park Shopping Center | 1300 Schillinger Rd S
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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
PROPERTY TAXES
Parcel Number | 27-07-25-4-000-004 | Improvements Assessment | $938,314 CAD |
Land Assessment | $249,622 CAD | Total Assessment | $1,187,936 CAD |
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
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West Park Shopping Center | 1300 Schillinger Rd S
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