Mobile, AL 36607

CEFCO Sale-Leaseback

Property Address

2704 SpringHill Avenue, Mobile, AL, USA

Offering Summary

  • Price: $6,000,000
  • Lot Size: 1.34 Acres
  • Cap Rate: 5.50%
  • Year Built: 2017
  • Building SF: 5,000
  • 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) and an On-Site ATM
  • Signalized Hard Corner Location Visible to 54,700+ Cars/Day at the Corner of SpringHill Avenue and Mobile Street
  • 144,124 Residents and 192,054 Daytime Employees within a Five-Mile Radius
  • Easy Freeway Access - Located One Mile Off the I-65 Freeway
  • Located Just Four Miles from Downtown Mobile via SpringHill Avenue
  • Within a 15-Minute Drive of Over 18,000 Students at University of South Alabama, Spring Hill College, and Bishop State Community College

Broker Information