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1855 Spring Hill Ave
Mobile, AL 36607

$1,550,000 USD

Medical For Sale  •  11,407 SF

Property Details

  • Property Type Medical
  • Total Building Size 11,407 SF
  • Lot Size 0.63 AC
  • Building Class B
  • Year Built 1975
  • Cap Rate 9.42 %
  • Tenancy Single
0 Transit Score
55 Walk Score

Highlights

Secure Lease: A 3-year lease is in place, personally guaranteed by the physicians, ensuring a reliable income stream
Below Market Rent: The property offers below-market rates.
Low Cost Basis: Priced at just $136 per square foot

Property Flyers

Cap Rate: 9.42 %

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Mobile Regional 26 min - 12.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Ryan Lupo 732-856-4349 Zeustra Real Estate Investment Services
Ryan Lupo 732-856-4349 Zeustra Real Estate Investment Services