5450 Rangeline Road, Mobile, AL 36619
Commercial property for lease
- Description
- The current owner of the property is The Lathan Company Inc. Information on the company can be found at www.lathancompany.com. The current owner will sign a 10-12 year lease. They are currently paying $6.18/s.f. for the property and will continue to do so for a new owner/investor. The NOI at this rate is $96,000. Rent increases in the lease can be negotiated as well. The property is located in front of the Mobile Commerce Park and surrounded by numerous industrial uses. Its conveniently located 1.4 miles from I-10. Building price details: $1,300,000 - 1,371,000.
- Exterior Features
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Parking Type: Surface - Contact info
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Justin B. ToomeyStirling Properties Mobile
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Lot Size: 1.700 Acres Number of Stories: 2 Year Built: 2000 Submarket: Free-Standing, Manufacturing, Net Leased MSA: Mobile Zoning: B5 Buildings: 1 Tenancy: Single Tenant Construction: Brick, Concrete - Tilt up Terms: Sale/Leaseback Added: 04/09/2018