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American Lubefast

4630 Moffett Road
MobileAL  36618


Price: $826,347
CAP Rate: 8.35%
Building Size: 2,190 SF
Approx Lot Size: 2190.00 Acre(s)
Year Built: 1990
Net Lease
Investment:
Yes
Existing Debt: No
Property On Ground Lease: No
1031 Exchanges Acceptable: Yes

Property Features
  • Lease Type: Net, Net, Net Lease. No Landlord responsibilities.
  • Tenant has option to purchase, please see lease.
  • Lease Term: Twenty (20) years
  • Lease Commencement: September, 2007
  • Lease Renewal Options: Two (2) Ten (10) year options
For more information contact:
Keith Sturm
(612) 332-6600 
Upland Real Estate Group, Inc.

Property Description

Mobile is the third most populous city in the state of Alabama and is the county seat of Mobile County. Mobile is the principal municipality of the Mobile Metropolitan Statistical Area, a region of 399,843 residents which is composed solely of Mobile County and is the second largest MSA in the state. Mobile is included in the Mobile-Daphne-Fairhope Combined Statistical Area with a total population of 540,258, the second largest CSA in the state.

Located at the junction of the Mobile River and Mobile Bay on the northern Gulf of Mexico, the city is the only seaport in Alabama. The Port of Mobile has always played a key role in the economic health of the city beginning with the city as a key trading center. Currently it's the 10th largest port in the United States.

As one of the Gulf Coast's cultural centers, Mobile houses several art museums, a symphony orchestra, a professional opera, a professional ballet company, and a large concentration of historic architecture. Mobile is known for having the oldest organized Carnival/Mardi Gras celebrations in the United States, as well as the oldest Carnival mystic society.
Retailers in the immediate area include: Food For Less, CVS, O'Reilly's Auto, Rite Aid, Dollar General, AutoZone, Pizza Hut, Subway, McDonald's, Taco Bell and KFC.


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