Mobile, AL 36619

CEFCO Sale-Leaseback

Property Address

4934 Schillinger Road South, Mobile, AL, USA

Offering Summary

  • Price: $6,000,000
  • Lot Size: 2.18 Acres
  • Cap Rate: 5.5%
  • Year Built: 2018
  • Building SF: 5,500
  • Status: Available
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  • Brand New 15 Year Absolute Triple-Net (NNN) Corporate Lease
  • Guaranteed by Fikes Wholesale, Inc. with 2021 Revenue in Excess of $1.5 Billion
  • 7.5 Percent Rental Increases Every Five Years
  • Site Includes 16 Fueling Stations (8 Pumps), an On-Site ATM, and a Car Wash
  • Signalized Hard Corner Location Visible to 28,200+ Cars/Day at the Corner of Schillinger Road South and Three Notch Road
  • 70,610 Residents within a Five-Mile Radius - Growing Trade Area within Mobile
  • Located Less Than Three Miles Off the I-10 Freeway, Providing Direct Access to Downtown Mobile
  • Close Proximity to the Tillmans Corner Retail Corridor - Major Tenants Include Walmart, Lowe’s, ALDI, McDonald’s, and Taco Bell

Broker Information