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3725 Airport Blvd 42,399 SF 100% Leased Retail Building Mobile, AL 36609 $4,265,131 CAD ($100.60 CAD/SF) 10% Cap Rate
Executive Summary
• Retail or Office space
• Located in Mobile Festival Centre
• On-site parking (5.4/1,000 SF)
• Currently fully leased to CPSI, expiring 9/30/2027 & partially subleased to Safety Plus
• Two docks
• Roof replaced in past five years
• Easy access from Montimar Drive
• Easy access to I-65
• 15 minutes from the airport
• Located in Mobile Festival Centre
• On-site parking (5.4/1,000 SF)
• Currently fully leased to CPSI, expiring 9/30/2027 & partially subleased to Safety Plus
• Two docks
• Roof replaced in past five years
• Easy access from Montimar Drive
• Easy access to I-65
• 15 minutes from the airport
Property Facts
Sale Type
Investment
Property Type
Building Size
42,399 SF
Building Class
B
Year Built
1986
Price
$4,265,131 CAD
Price Per SF
$100.60 CAD
Cap Rate
10%
NOI
$426,513 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.98 AC
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-07-25-2-000-018 | Improvements Assessment | $815,641 CAD |
| Land Assessment | $121,617 CAD | Total Assessment | $937,258 CAD |
Property Taxes
Parcel Number
28-07-25-2-000-018
Land Assessment
$121,617 CAD
Improvements Assessment
$815,641 CAD
Total Assessment
$937,258 CAD
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3725 Airport Blvd
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