1428 Hillcrest Rd

Office: General

1428 Hillcrest Rd, MobileAL 36695

Property Details

Location

Address
1428 Hillcrest Rd, MobileAL 36695
County
Mobile
Submarket
Parcels
2809321000001052

Building Size

Building Size
3,211 SF
Floor Size
2,779 SF

Building Details

Type
 Office: General
Number of Buildings
1
Occupancy Type
Single Tenant
Building Class
C
Building Status
Existing
Floors
1
Year Built
LEED Level
0
Sprinklers
Primary Const.
Masonry
Parking Ratio

Land & Utilities

Land (Acres)
0.35 Acres
Land (SF)
15,178 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
B-3
Lot Depth
Lot Width

Contacts

Current Listings

Bellator Real Estate Office Building for Sale

3,568 SF$575,000
Cap Rate: 8.17%

LEASE ABSTRACT

Tenant: Bellator Real Estate Company

Offering Price: $575,000

Cap Rate: 8.17%

Guarantor: Bellator Inc.

Building Size: +/- 3,568 SF

Site Size: +/- 15,000 SF

Base Lease Term: Five (5) years commencing 7/1/24

Renewal Options: One (1), Five (5) year option

Rent Escalations: 3% bumps starting at year 3

Net Operating Income: $47,000 per year

Rent Per SF: $16.00 PSF

Lease Type: Gross

Zoning: B-3

Transaction type: Fee Simple

LEASE ABSTRACT

Tenant: Bellator Real Estate Company

Offering Price: $575,000

Cap Rate: 8.17%

Guarantor: Bellator Inc.

Building Size: +/- 3,568 SF

Site Size: +/- 15,000 SF

Base Lease Term: Five (5) years commencing 7/1/24

Renewal Options: One (1), Five (5) year option

Rent Escalations: 3% bumps starting at year 3

Net Operating Income: $47,000 per year

Rent Per SF: $16.00 PSF

Lease Type: Gross

Zoning: B-3

Transaction type: Fee Simple

View Details
View Details
CIE

Source: Gulf Coast CMLS

More Information

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