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4453 Old Shell Rd
Mobile, AL 36608

CVS · Retail Property For Sale

Investment Highlights

  • Absolute Net Bond Lease | Zero Landlord Responsibilities
  • Build to Suit for CVS with Approximately 12+ Years Remaining on the Lease
  • Directly Adjacent to Mobile's Spring Hill College and Surrounded by HighIncome Neighborhoods and Strong Retail Tenants
  • Lease is Corporately Guaranteed by CVS - The Largest Pharmacy Chain in theU.S. | S&P "BBB+" Investment Grade
  • Located at a Hard Corner of a Busy Signalized Intersection with Strong Traffic Counts
  • Rent Holiday CVS - Landlord will Credit an Amount Equal to Three Years Rent to Account for Rent Holiday in the Final Three Years of Lease Term

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,376 SF
Building Class
C
Year Built/Renovated
2008/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.78 AC
Zoning
C - Commercial
Parking
69 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
243 ft on Old Shell Road

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-06-14-4-000-064
Land Assessment
$169,622
Improvements Assessment
$459,707
Total Assessment
$629,328
  • Listing ID: 27031674

  • Date on Market: 2022-11-03

  • Last Updated:

  • Address: 4453 Old Shell Rd, Mobile, AL 36608

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