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Vigouroux Market Place 9948 Airport Blvd 66,125 SF 98% Leased Retail Building Mobile, AL 36608 $11,725,728 CAD ($177.33 CAD/SF) 7.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong credit tenant anchored shopping center with 85% of the revenue coming from national tenants including Winn Dixie (ALDI), Walgreen’s, and Subway
- This Winn Dixie (ALDI) location is ranked the #1 location in chain for the state of Alabama by Advan Research.
- Property is conveniently located just 2.3 miles from the Mobile Regional Airport (5 minutes drive)
- Long term anchor lease with Winn Dixie (ALDI) thru July 2032 bringing stability to the center
- Property benefits from excellent visibility on the highly trafficked Airport Blvd which sees traffic counts in excess of 13,825 VPD
- Interest-Only assumable financing at a rate of 7.23% (Loan must be assumed)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
66,125 SF
Building Class
B
Year Built
1997
Price
$11,725,728 CAD
Price Per SF
$177.33 CAD
Cap Rate
7.30%
NOI
$856,037 CAD
Percent Leased
98%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.15
Lot Size
10.09 AC
Zoning
County - Commercial
Parking
392 Spaces (5.93 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former boutique space featuring an open sales floor with a stockroom, restroom, and small office, as well as private rear access for deliveries.
| Space | Size | Space Use | Position | Available |
| 8 | 1,200 SF | Retail | In-Line | Now |
8
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
8
| Size | 1,200 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former boutique space featuring an open sales floor with a stockroom, restroom, and small office, as well as private rear access for deliveries.
PROPERTY TAXES
| Parcel Number | 27-08-28-0-000-003 | Improvements Assessment | $2,384,270 CAD |
| Land Assessment | $157,848 CAD | Total Assessment | $2,542,119 CAD |
PROPERTY TAXES
Parcel Number
27-08-28-0-000-003
Land Assessment
$157,848 CAD
Improvements Assessment
$2,384,270 CAD
Total Assessment
$2,542,119 CAD
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Vigouroux Market Place | 9948 Airport Blvd
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