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Fulbrook Center 1924 Dauphin Island Pky 61,640 SF 74% Leased Retail Building Mobile, AL 36605 $5,856,500 CAD ($95.01 CAD/SF) 6.80% Cap Rate
Investment Highlights
- Priced significantly below appraised value
- Untapped Potential
- Current Income
Executive Summary
Priced at the appraised value of $69 / sq ft, significantly below replacement cost.
Fulbrook Center encompasses approximately 61,640 square feet on 8.47 acres, with three buildings (center, bank & fast food restaurant), multiple ingress and egress points, substantial frontage, ample surface parking, and approximately 2.5 acres available for future development.
The property’s existing improvements, flexible site configuration, visibility, accessibility, and excess land create multiple opportunities for an investor to enhance the asset over time.
Rather than relying on a single value-creation strategy, Fulbrook provides ownership with the flexibility to pursue leasing, repositioning, expansion, redevelopment, or future development as market conditions and tenant demand evolve.
The result is an asset capable of generating income today while providing meaningful flexibility for tomorrow.
* Address: 1922, 1924, 2000 & 2222 Dauphin Island
* Zoning: B-2
* GLA: 61,640 sq ft
* Lot Size: 8.47 Acres | 1,785' frontage on 3 roads
* Yr Built: Lot 1 Shopping Center = 1962, 1990
Lot 3 - Bank = 1984, Lot 4 Restaurant = 1986
* Parking: Ratio 3.3 | 1,000' and additional unstriped
* Outparcels: 2 Leased, 2.5 acres for development
* 5 Tenants, 5 vacancies
* DTC: 27,000+
Physical Improvements & Site Characteristics
* Exterior repainted in 2025
* Parking lot milled, resurfaced, and restriped in 2025
* Well-maintained common areas
* Multiple ingress / egress points, 10 curb cuts + DIP Traffic Signal
Please contact Agent for the "Confidential Offering Memorandum".
Property Facts
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Medical Office Space Space was last used by Alta Point of Mobile. Before that the space was used as a dental office. The suite has multiple rooms and extra plumbing.
"Gateway to Dauphin Island" makes this an exceptional lease opportunity in a high-traffic location! City leaders describe the number of big-ticket projects as an “unprecedented” construction boom in Mobile, totaling nearly $9.4 billion! We are in the Golden Age of Mobile! Unlock endless business potential on the bustling Dauphin Island Parkway, conveniently located just south Interstate 10 in Mobile, AL. This center enjoys excellent visibility and is 1.6 miles (6 minutes) from the Mobile Regional Airport which is undergoing a $414 million construction master plan that will transition all commercial air service from Mobile Regional Airport to Mobile International Airport by 2025, making Mobile the go-to airport on the Gulf Coast. In addition, Airbus Final Assembly Line and numerous warehouses and commercial/industrial businesses are 3.1 miles (8 minutes) away. making this a prime location for attracting customers/clients! Ideal for a variety of uses, including airport-related services, medical and professional offices, financial services, fitness centers, yoga studios, daycare facilities, car rentals, restaurants, fast food, liquor stores, convenience stores, donut shops, and more! The site offers a 2.61-acre retail pad available for lease, with options for ground leasing as-is or for development. The center includes 61,640 square feet of space, currently occupied by Checkers, Regions Bank, Accordia Health, Mobile Public Library, Metro Treatment of Alabama, Unique Touch Hair Bar, Robinson/Candied Kreations, Port City Cleaners, and Dynamic Pain and Wellness. Don’t miss out on this opportunity in a thriving community! Available Suites: Suite 1924-G1: 4,087 sq ft Suite 1924-H: 2,400 sq ft Suite 1924-J2: 3,683 sq ft Suite 1924-K: 19,000 sq ft * Owner is open to discussing concessions. * Renovation plans for the shopping center are in the works. * Daily Traffic Count (DTC): 27,405
Prime Lease Opportunity! 2,400SF to 4,087SF, High Traffic, DIP "Gateway to Dauphin Island" makes this an exceptional lease opportunity in a high-traffic location! City leaders describe the number of big-ticket projects as an “unprecedented” construction boom in Mobile, totaling nearly $9.4 billion! We are in the Golden Age of Mobile! Unlock endless business potential on the bustling Dauphin Island Parkway, conveniently located just south Interstate 10 in Mobile, AL. This center enjoys excellent visibility and is 1.6 miles (6 minutes) from the Mobile Regional Airport which is undergoing a $414 million construction master plan that will transition all commercial air service from Mobile Regional Airport to Mobile International Airport by 2025, making Mobile the go-to airport on the Gulf Coast. In addition, Airbus Final Assembly Line and numerous warehouses and commercial/industrial businesses are 3.1 miles (8 minutes) away. making this a prime location for attracting customers/clients! Ideal for a variety of uses, including airport-related services, medical and professional offices, financial services, fitness centers, yoga studios, daycare facilities, car rentals, restaurants, fast food, liquor stores, convenience stores, donut shops, and more! The site offers a 2.61-acre retail pad available for lease, with options for ground leasing as-is or for development. The center includes 61,640 square feet of space, currently occupied by Checkers, Regions Bank, Accordia Health, Mobile Public Library, Metro Treatment of Alabama, Unique Touch Hair Bar, Robinson/Candied Kreations, Port City Cleaners, and Dynamic Pain and Wellness. Don’t miss out on this opportunity in a thriving community! Available Suites: Suite 1924-G1: 4,087 sq ft Suite 1924-H: 2,400 sq ft Suite 1924-J2: 3,683 sq ft * Owner is open to discussing concessions. * Renovation plans for the shopping center are in the works. * Daily Traffic Count (DTC): 27,405
- J1
- 1,741 SF
- Retail
- In-Line
- Now
Prime Lease Opportunity! 2,400SF to 4,087SF, High Traffic, DIP "Gateway to Dauphin Island" makes this an exceptional lease opportunity in a high-traffic location! City leaders describe the number of big-ticket projects as an “unprecedented” construction boom in Mobile, totaling nearly $9.4 billion! We are in the Golden Age of Mobile! Unlock endless business potential on the bustling Dauphin Island Parkway, conveniently located just south Interstate 10 in Mobile, AL. This center enjoys excellent visibility and is 1.6 miles (6 minutes) from the Mobile Regional Airport which is undergoing a $414 million construction master plan that will transition all commercial air service from Mobile Regional Airport to Mobile International Airport by 2025, making Mobile the go-to airport on the Gulf Coast. In addition, Airbus Final Assembly Line and numerous warehouses and commercial/industrial businesses are 3.1 miles (8 minutes) away. making this a prime location for attracting customers/clients! Ideal for a variety of uses, including airport-related services, medical and professional offices, financial services, fitness centers, yoga studios, daycare facilities, car rentals, restaurants, fast food, liquor stores, convenience stores, donut shops, and more! The site offers a 2.61-acre retail pad available for lease, with options for ground leasing as-is or for development. The center includes 61,640 square feet of space, currently occupied by Checkers, Regions Bank, Accordia Health, Mobile Public Library, Metro Treatment of Alabama, Unique Touch Hair Bar, Robinson/Candied Kreations, Port City Cleaners, and Dynamic Pain and Wellness. Don’t miss out on this opportunity in a thriving community! Available Suites: Suite 1924-G1: 4,087 sq ft Suite 1924-H: 2,400 sq ft Suite 1924-J2: 3,683 sq ft * Owner is open to discussing concessions. * Renovation plans for the shopping center are in the works. * Daily Traffic Count (DTC): 27,405
| Space | Size | Space Use | Position | Available |
| D | 4,116 SF | Retail | In-Line | Now |
| G1 | 4,087 SF | Retail | In-Line | Now |
| H | 2,400 SF | Retail | In-Line | Now |
| J1 | 1,741 SF | Retail | In-Line | Now |
| J2 | 3,683 SF | Retail | In-Line | Now |
D
| Size |
| 4,116 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
G1
| Size |
| 4,087 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
H
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
J1
| Size |
| 1,741 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
J2
| Size |
| 3,683 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D
| Size | 4,116 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Medical Office Space Space was last used by Alta Point of Mobile. Before that the space was used as a dental office. The suite has multiple rooms and extra plumbing.
G1
| Size | 4,087 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
"Gateway to Dauphin Island" makes this an exceptional lease opportunity in a high-traffic location! City leaders describe the number of big-ticket projects as an “unprecedented” construction boom in Mobile, totaling nearly $9.4 billion! We are in the Golden Age of Mobile! Unlock endless business potential on the bustling Dauphin Island Parkway, conveniently located just south Interstate 10 in Mobile, AL. This center enjoys excellent visibility and is 1.6 miles (6 minutes) from the Mobile Regional Airport which is undergoing a $414 million construction master plan that will transition all commercial air service from Mobile Regional Airport to Mobile International Airport by 2025, making Mobile the go-to airport on the Gulf Coast. In addition, Airbus Final Assembly Line and numerous warehouses and commercial/industrial businesses are 3.1 miles (8 minutes) away. making this a prime location for attracting customers/clients! Ideal for a variety of uses, including airport-related services, medical and professional offices, financial services, fitness centers, yoga studios, daycare facilities, car rentals, restaurants, fast food, liquor stores, convenience stores, donut shops, and more! The site offers a 2.61-acre retail pad available for lease, with options for ground leasing as-is or for development. The center includes 61,640 square feet of space, currently occupied by Checkers, Regions Bank, Accordia Health, Mobile Public Library, Metro Treatment of Alabama, Unique Touch Hair Bar, Robinson/Candied Kreations, Port City Cleaners, and Dynamic Pain and Wellness. Don’t miss out on this opportunity in a thriving community! Available Suites: Suite 1924-G1: 4,087 sq ft Suite 1924-H: 2,400 sq ft Suite 1924-J2: 3,683 sq ft Suite 1924-K: 19,000 sq ft * Owner is open to discussing concessions. * Renovation plans for the shopping center are in the works. * Daily Traffic Count (DTC): 27,405
H
| Size | 2,400 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Prime Lease Opportunity! 2,400SF to 4,087SF, High Traffic, DIP "Gateway to Dauphin Island" makes this an exceptional lease opportunity in a high-traffic location! City leaders describe the number of big-ticket projects as an “unprecedented” construction boom in Mobile, totaling nearly $9.4 billion! We are in the Golden Age of Mobile! Unlock endless business potential on the bustling Dauphin Island Parkway, conveniently located just south Interstate 10 in Mobile, AL. This center enjoys excellent visibility and is 1.6 miles (6 minutes) from the Mobile Regional Airport which is undergoing a $414 million construction master plan that will transition all commercial air service from Mobile Regional Airport to Mobile International Airport by 2025, making Mobile the go-to airport on the Gulf Coast. In addition, Airbus Final Assembly Line and numerous warehouses and commercial/industrial businesses are 3.1 miles (8 minutes) away. making this a prime location for attracting customers/clients! Ideal for a variety of uses, including airport-related services, medical and professional offices, financial services, fitness centers, yoga studios, daycare facilities, car rentals, restaurants, fast food, liquor stores, convenience stores, donut shops, and more! The site offers a 2.61-acre retail pad available for lease, with options for ground leasing as-is or for development. The center includes 61,640 square feet of space, currently occupied by Checkers, Regions Bank, Accordia Health, Mobile Public Library, Metro Treatment of Alabama, Unique Touch Hair Bar, Robinson/Candied Kreations, Port City Cleaners, and Dynamic Pain and Wellness. Don’t miss out on this opportunity in a thriving community! Available Suites: Suite 1924-G1: 4,087 sq ft Suite 1924-H: 2,400 sq ft Suite 1924-J2: 3,683 sq ft * Owner is open to discussing concessions. * Renovation plans for the shopping center are in the works. * Daily Traffic Count (DTC): 27,405
J2
| Size | 3,683 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Prime Lease Opportunity! 2,400SF to 4,087SF, High Traffic, DIP "Gateway to Dauphin Island" makes this an exceptional lease opportunity in a high-traffic location! City leaders describe the number of big-ticket projects as an “unprecedented” construction boom in Mobile, totaling nearly $9.4 billion! We are in the Golden Age of Mobile! Unlock endless business potential on the bustling Dauphin Island Parkway, conveniently located just south Interstate 10 in Mobile, AL. This center enjoys excellent visibility and is 1.6 miles (6 minutes) from the Mobile Regional Airport which is undergoing a $414 million construction master plan that will transition all commercial air service from Mobile Regional Airport to Mobile International Airport by 2025, making Mobile the go-to airport on the Gulf Coast. In addition, Airbus Final Assembly Line and numerous warehouses and commercial/industrial businesses are 3.1 miles (8 minutes) away. making this a prime location for attracting customers/clients! Ideal for a variety of uses, including airport-related services, medical and professional offices, financial services, fitness centers, yoga studios, daycare facilities, car rentals, restaurants, fast food, liquor stores, convenience stores, donut shops, and more! The site offers a 2.61-acre retail pad available for lease, with options for ground leasing as-is or for development. The center includes 61,640 square feet of space, currently occupied by Checkers, Regions Bank, Accordia Health, Mobile Public Library, Metro Treatment of Alabama, Unique Touch Hair Bar, Robinson/Candied Kreations, Port City Cleaners, and Dynamic Pain and Wellness. Don’t miss out on this opportunity in a thriving community! Available Suites: Suite 1924-G1: 4,087 sq ft Suite 1924-H: 2,400 sq ft Suite 1924-J2: 3,683 sq ft * Owner is open to discussing concessions. * Renovation plans for the shopping center are in the works. * Daily Traffic Count (DTC): 27,405
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-04-34-0-004-123 | Improvements Assessment | $32,521 CAD |
| Land Assessment | $2,205 CAD | Total Assessment | $34,726 CAD |
Property Taxes
Presented by
Fulbrook Center | 1924 Dauphin Island Pky
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