CVS

4453 Old Shell Rd, Mobile, AL 36608

  • For Sale $11,310,633
  • Property Type Retail - Freestanding
  • Property Size 13,376 SF
  • Lot Size 1.78 Acre
  • Property Tenancy Single Tenant
  • Year Built 2019
  • Date Updated Dec 25, 2023
Mobile is the county seat of Mobile County, Alabama, United States. The population within the city limits was 195,111 as of the 2010 United States Census, making it the third most populous city in Alabama, the most populous in Mobile County, and the largest municipality on the Gulf Coast between New Orleans, Louisiana, and St. Petersburg, Florida. Alabama's only saltwater port, Mobile is located on the Mobile River at the head of the Mobile Bay and the north-central Gulf Coast. The Port of Mobile has always played a key role in the economic health of the city, beginning with the settlement as an important trading center between the French colonists and Native Americans, down to its current role as the 12th-largest port in the United States. Mobile is the principal municipality of the Mobile metropolitan area. This region of 412,992 residents is composed solely of Mobile County; it is the third-largest metropolitan statistical area in the state. Mobile is the largest city in the Mobile-Daphne−Fairhope CSA, with a total population of 604,726, the second largest in the state. As of 2011, the population within a 60-mile radius of Mobile is 1,262,907. Mobile was established in 1702 by the French as the first capital of colonial La Louisiane (New France). During its first 100 years, Mobile was a colony of France, then Britain, and lastly Spain. Mobile first became a part of the United States of America in 1813, with the annexation by President James Madison of West Florida from Spain. In 1861, Alabama joined the Confederate States of America, which surrendered in 1865. Considered one of the Gulf Coast's cultural centers, Mobile has 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 or Mardi Gras celebrations in the United States. Its French Catholic colonial settlers celebrated this festival from the first decade of the 18th century. Beginning in 1830, Mobile was host to the first formally organized Carnival mystic society to celebrate with a parade in the United States..

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Highlights

  • Absolute Net Bond Lease | Zero Landlord Responsibilities
  • Lease is Corporately Guaranteed by CVS - The Largest Pharmacy Chain in the U.S. | S&P "BBB+" Investment Grade
  • Build to Suit for CVS with Approximately 12+ Years Remaining on the Lease
  • Located at a Hard Corner of a Busy Signalized Intersection with Strong Traffic Counts
  • Drive Thru Equipped Pharmacy Site
  • Affluent Demographics - Household Income Approaching $150K within a 1 Mile Radius and Median Home Value Close to $400K
  • Directly Adjacent to Mobile's Spring Hill College and Surrounded by High Income Neighborhoods and Strong Retail Tenants
  • Attractive High End Brick Construction
  • Rent Holiday CVS - Landlord will Credit an Amount Equal to Three Years Rent to Account for Rent Holiday in the Final Three Years of Lease Term

Contacts

broker

Deno Bistolarides

Encore Real Estate Investment Services

(248) 702-0288

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Mobile, AL
  • Neighborhood Parkhill
  • Zip Code 36608
  • Market Mobile

Points of Interest

  • Energize Of Spring Hill

    1.47 miles

  • Sam's Club

    1.62 miles

  • Tesla Supercharger

    2.31 miles

  • Walmart Gas

    3.06 miles

  • Murphy USA

    3.30 miles

  • Costco Gasoline

    3.68 miles

  • Super K

    3.96 miles

  • Texaco

    4.31 miles

  • Energize Of Schillinger

    4.82 miles

  • Shell

    5.12 miles

  • Main Parking

    1.09 miles

  • MOB II Parking

    1.23 miles

  • Parking Garage

    3.87 miles

  • Parking Lot 2

    3.92 miles

  • CGX Parking

    5.93 miles

  • Arlington Park

    5.94 miles

  • Rental Car Pickup and Return Lot

    6.07 miles

  • Municipal Parking Garage

    6.26 miles

  • Five Guys

    0.12 miles

  • Food Pak International Food

    1.01 miles

  • Fast Food Kiosk

    1.02 miles

  • Waffle House

    1.25 miles

  • Dreamland Barbeque

    1.30 miles

  • Zaxby's

    1.31 miles

  • Moe's Southwest Grill

    1.32 miles

  • Cracker Barrel

    1.34 miles

  • IHOP

    1.36 miles

  • Ruby Tuesday

    1.36 miles

  • Rouse's Market

    0.22 miles

  • The Fresh Market

    1.31 miles

  • Whole Foods Market

    1.37 miles

  • Walmart Supercenter

    1.45 miles

  • Belk

    1.66 miles

  • Walmart Neighborhood Market

    1.82 miles

  • Marshalls

    1.85 miles

  • Burlington

    1.90 miles

  • Publix

    1.91 miles

  • Dillard's

    1.98 miles

Frequently Asked Questions

What is the lease rate for CVS?

Rental asking rate at CVS is $5,655,316.50/YR.

What is the total square footage of CVS?

CVS totals 13,376 square feet.

When was this property built?

CVS was built in 2019.

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Contact Listing Broker

broker

Deno Bistolarides

Encore Real Estate Investment Services

(248) 702-0288