Mobile & Baldwin Retail Properties for Lease and For Sale Winter 2012 “Data you can use.” “Education you can use” This report and others are found on the Center website: http://cres.southalabama.edu Center for Real Estate Studies Mitchell College of Business University of South Alabama USA takes reasonable measures to ensure the quality of the data and other information produced. However, USA makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information, nor represents that its use would not infringe on privately owned rights. Reference to any specific commercial product, process, or service does not constitute an endorsement, recommendation, or favoring by USA. Introduction The following report is one of four commercial reports generated by the Mitchell College of Business, the Center for Real Estate Studies. This report contains information for Winter 2012 Retail properties. Readers should remember that the data covers advertised "for lease" and "for sale" data only. Final Sale information is excluded. The information source for the Retail data is the Commercial Property Directory, Birmingham, AL. www.commercialpropertydirectory.com In addition to the Retail report, three other commercial reports (Land, Office and Industrial) can be found on the Center for Real Estate Studies website: http://cres.southalabama.edu. For additional information, please contact: Don Epley, Director, Center for Real Estate Studies Phone: (251) 460-6735 depley@usouthal.edu Email: The data for this report was completed by: Meredith McCutchen, MBA Student Mitchell College of Business Mobile & Baldwin Retail Properties For Lease and For Sale Table of Contents Report Summary ……………………………………………………………………………… Page - 3 List of Zip Codes ……………………………………………………………………………………Page - 4 Table 1: Asking Lease Rate per Square Foot by Property …………Pages - 5 - 7 Table 2: Table 3: Vacancy Rate by Property …………………………………………Pages - 8 - 10 Total Market of Industrial Properties Advertised for Lease Mobile ………………………………Pages - 11 - 13 Baldwin …………………………… Page - 14 Table 4: Advertised Sales Price per S.F. by Property …………………Pages - 15 - 18 Table 5: Sales Price per S.F. by Property …………………………………Pages - 19 - 22 Table 6: Industrial Properties Advertised for Sale Mobile ………………………………Pages - 23 - 26 Baldwin …………………………… Pages - 27 Table 6: Total Market of Retail Properties Advertised for Sale Center for Real Estate Studies Mitchell College of Business University of South Alabama Pages 23-25 Executive Summary 2012 Advertised Retail Properties for Lease: Total Properties Listed ………………………………119 Asking Lease Rate per S.F. …………………………Median $12.00 with 72 Properties Reporting Total Advertised S.F. …………………………………Median 7,750 with 86 Properties Reporting Total Advertised S.F. …………………………………1,731,131 with 86 Properties Reporting Available S.F. …………………………………………… Median 3,000 with 101 Properties Reporting Total Available S.F. ……………………………………774,885 with 101 Properties Reporting 2012 Advertised Retail Properties for Sale: Total Properties Listed ………………………………69 Sales Price …………………………………………………Median $482,000 with 68 Properties Reporting Building S.F. ………………………………………………Median 5,389.50 with 48 Properties Reporting Sales Price per Building S.F. ………………………Median $91.34 with 48 Properties Reporting Site S.F. …………………………………………………… Median 5,234 with 55 Properties Reporting Sales Price per Site S.F. ………………………………Median $11.00 with 18 Properties Reporting Note: This data covers only properties advertised for lease and for sale as an indication of current market activity. They do not represent the total inventory. For example, the building s.f. represents only buildings that are advertised with available space. Owner-occupied property is excluded, also. Zip Code, City and Area Code Zip Code City Area Code 36505 36509 36512 36521 36522 36523 36525 36528 36541 36544 36560 36568 36571 36572 36575 36582 36587 36590 Axis Bayou La Batre Bucks Chunchula Citronelle Coden Creola Dauphin Island Grand Bay Irvington Mount Vernon Saint Elmo Saraland Satsuma Semmes Theodore Wilmer Theodore 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 36601 Mobile 251 36602 36603 36604 36605 36606 36607 36608 36609 36610 36611 36612 36613 36615 36616 36617 36618 36619 36621 36622 36625 36628 36630 36633 36640 Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Eight Mile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 Mobile County Zip Code City Area Code 36641 36644 36652 36660 36663 36670 36671 36675 36685 36688 36689 36690 36691 36693 36695 Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile Mobile 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 58 Total Mobile Zip Code City Area Code 36502 36507 36511 36526 36527 36530 36532 36535 36542 36549 36550 36551 36555 36561 36562 36567 36574 36576 36578 36579 36580 Atmore Bay Minett Bon Secou Daphne Spanish Fo Elberta Fairhope Foley Gulf Shore Lillian Little River Loxley Magnolia S Orange Be Perdido Robertsda Seminole Silverhill Stapleton Stockton Summerda 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 251 Baldwin County 21 Total Baldwin County Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Winter 2012 Table 1. Asking Lease Rate per S.F. by Zipcode Zip Code 36507 36507 36522 36525 36526 36526 36526 36526 36526 36526 36526 36526 36527 36527 36527 36527 36532 36532 36532 36532 36532 36532 36532 36535 36535 36535 36535 36535 36535 36536 36541 Asking Lease Per S.F. $18.00 $14.00 $11.00 $12.00 $16.75 $12.00 $9.78 $14.00 $16.50 $16.00 $263.98 $11.50 $2.50 $15.00 $10.00 $12.00 $9.14 $8.00 $57.78 Total Advertised S.F. 2,680 3,000 9,800 14,271 18,000 55,000 6,600 10,000 1,533 1,533 25,000 6,000 10,600 4,150 84,740 1,591 6,000 7,625 1,170 3,100 7,600 14,000 12,000 1,800 6,560 5,700 2,250 Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Winter 2012 Table 1. Asking Lease Rate per S.F. by Zipcode Zip Code 36551 36551 36561 36567 36567 36567 36567 36571 36571 36571 36571 36571 36571 36572 36575 36575 36577 36582 36582 36582 36582 36582 36582 36602 36605 36605 36605 36605 36606 36606 36606 Asking Lease Per S.F. Total Advertised S.F. 5,545 9,000 $12.00 2,500 3,600 0 1,200 $9.00 $5.00 $4.00 $13.25 $12.00 $14.00 $17.50 $8.40 $8.00 $8.00 $12.00 6,000 131,578 131,967 3,600 2,659 4,000 7,112 6,300 8,750 5,000 27,000 2,850 $5.40 $5.00 15,000 $25.00 3,500 Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Winter 2012 Table 1. Asking Lease Rate per S.F. by Zipcode Zip Code 36606 36606 36606 36606 36606 36606 36606 36606 36607 36608 36608 36608 36608 36608 36608 36608 36608 36608 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 Asking Lease Per S.F. Total Advertised S.F. 94,390 101,111 $4.25 $6.00 $14.00 $5.91 $11.32 $10.00 $13.00 $14.20 16,000 32,391 2,150 3,048 6,000 20,000 23,679 $18.00 $10.00 $12.30 $17.00 16,000 9,045 $1.17 $22.00 $7.00 $9.00 $9.86 $6.80 $6.00 $8.00 $12.00 9,800 9,800 11,920 5,000 13,200 5,791 35,000 140,000 16,500 58,468 32,100 1,200 Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Winter 2012 Table 1. Asking Lease Rate per S.F. by Zipcode Zip Code 36609 36609 36609 36609 36609 36609 36609 36610 36611 36618 36618 36619 36619 36693 36693 36695 36695 36695 36695 36695 36695 36695 36695 36695 36695 36695 Median Properties Reporting Asking Lease Per S.F. $13.00 $13.25 $12.00 $6.98 $10.00 $2.75 $4.00 $10.67 $8.67 $12.00 $11.00 $10.00 $10.00 $13.00 $18.00 $15.00 $18.00 $15.00 $20.00 $25.00 $25.30 Total Advertised S.F. 44,251 2,917 3,795 7,750 21,800 60,000 15,000 1,836 1,800 27,000 27,000 16,000 113,940 10,985 1,200 9,800 $12.00 4,000 7,750 76 87 Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Table 2 Vacancy Rate by Property Zip Code 36507 36507 36522 36525 36526 36526 36526 36526 36526 36526 36526 36526 36527 36527 36527 36527 36532 36532 36532 36532 36532 36532 36532 36535 36535 36535 36535 36535 36536 36541 36551 36551 Total Advertised S.F. 2,680 3,000 9,800 14,271 18,000 55,000 6,600 10,000 1,533 1,533 25,000 6,000 10,600 4,150 84,740 1,591 6,000 7,625 1,170 3,100 7,600 14,000 12,000 6,560 5,700 2,250 5,545 9,000 Advertised Available S.F. 2,680 900 3,000 9,800 4,666 2,800 22,500 1,200 4,475 1,200 1,533 Calculated Vacancy Rate 100% 25,000 3,000 4,000 4,150 100% 50% 38% 100% 1,591 100% 7,625 1,170 2,400 7,600 14,000 100% 100% 77% 100% 100% 1,500 6,560 5,700 13,000 2,250 5,545 9,000 100% 100% 33% 16% 41% 18% 45% 100% 100% 100% 100% 100% 100% Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Table 2 Vacancy Rate by Property Zip Code 36561 36567 36567 36567 36567 36571 36571 36571 36571 36571 36571 36572 36575 36575 36577 36582 36582 36582 36582 36582 36582 36602 36605 36605 36605 36605 36606 36606 36606 36606 36606 36606 Total Advertised S.F. 2,500 3,600 0 1,200 6,000 131,578 131,967 3,600 2,659 4,000 7,112 Advertised Available S.F. 1,800 2,500 3,600 Calculated Vacancy Rate 1,200 1,200 6,000 9,650 122,967 20,000 1,750 900 100% 100% 100% 100% 7% 93% 25% 2,659 4,000 100% 100% 1,600 1,050 2,600 17% 8,750 5,000 100% 100% 100% 15,000 2,850 4,000 15,000 3,500 3,500 100% 6,300 8,750 5,000 27,000 2,850 94,390 101,111 3,380 100% Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Table 2 Vacancy Rate by Property Zip Code 36606 36606 36606 36606 36606 36607 36608 36608 36608 36608 36608 36608 36608 36608 36608 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 36609 Total Advertised S.F. 16,000 32,391 2,150 3,048 6,000 20,000 Advertised Available S.F. 16,000 32,391 2,150 3,048 530 3,100 2,250 3,000 Calculated Vacancy Rate 100% 100% 100% 100% 9% 11% 23,679 16,000 9,045 9,800 9,800 11,920 5,000 13,200 5,791 35,000 140,000 16,500 58,468 32,100 1,200 44,251 2,917 3,795 1,564 8,000 3,177 1,200 3,150 35% 2,800 29% 11,920 1,825 13,200 5,791 35,000 2,400 20,720 1,650 1,400 1,400 43,200 1,770 2,917 2,530 3,000 100% 37% 100% 100% 100% 50% 15% 10% 2% 4% 3600% 4% 100% 67% Commercial Report Mobile & Baldwin Retail Properties Advertised For Lease Table 2 Vacancy Rate by Property Zip Code 36609 36609 36609 36610 36611 36618 36618 36619 36619 36693 36693 36695 36695 36695 36695 36695 36695 36695 36695 36695 36695 36695 36535-2234 Total Median Properties Reporting Total Advertised S.F. 7,750 21,800 60,000 15,000 1,836 1,800 27,000 27,000 16,000 113,940 10,985 Advertised Available S.F. 5,000 7,750 21,800 60,000 9,800 1,836 1,800 1,500 4,300 8,000 8,000 4,500 4,000 1,800 1,731,131 7,750 1,200 1,380 1,200 2,485 1,400 2,800 1,250 1,200 1,800 774,885 3,000 87 101 1,200 9,800 Calculated Vacancy Rate 100% 100% 100% 65% 100% 100% 30% 30% 28% 100% 29% 30% 100% 74 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address 36507 620 McMeans Avenue 620 McMeans Avenue 36507 32 Hand Avenue 32 Hand Avenue 36522 36525 36526 36526 36526 RETAIL SPACE HEART OF CITRONELLE, AL Creola Station Shopping Center Daphne Plaza 19195 N. Third St. City Bay Minette Bay Minette Year Built Total S.F. 2003 2,680 Citronelle 3,000 Hwy 43 and Radcliff Rd Creola 9,800 905 Daphne Ave Daphne 14,271 Daphne Square 2200 Highway 98 Shopping Center Office Depot Shopping 6935 US Highway 90 Center Daphne 1999 18,000 Daphne 1985 55,000 36526 Daphne 98 South 28825 U.S. Highway 98 Daphne 1989 6,600 36526 New Retail Adjoining Staples 1802 US Hwy 98 Daphne 1987 10,000 36526 Centerpoint 28810 Highway 98 Daphne 36526 Marketplace Building 4 1203 Highway 98 Daphne 1,533 Lease Available Agent Name/Phone Price Per S.F. S.F. Adam Metcalfe 2,680 (251) 432-2600 Adam Metcalfe 900 (251) 432-2600 Harry Brown 3,000 251-626-1970 Mike McAleer $18.00 9,800 251-473-7517 Greg Stallings 4,666 251-377-2903 John Delchamps $14.00 2,800 (251) 476-0808 Dane Haygood $11.00 22,500 251-626-7200 David Dexter $12.00 1,200 251-471-1000 Haran Hunter $16.75 4,475 251-981-2400 Terry McKinney $12.00 1,200 251-460-0910 $9.78 1,533 Gayle Dearman 251-626-0437 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address 1203 Highway 98, Unit A, Bldg 4 City Year Built Daphne Total S.F. 1,533 36526 Market Place 36527 Malbis - Former Bassett 0 Hwy 181 Furniture Store Daphne 2005 25,000 36527 Neighborhood Retail Center in Spanish Fort 10073 US HWY 31 Spanish Fort 2005 6,000 36527 Eastern Shore Retail Space 10184 Eastern Shore Blvd. Spanish Fort 2006 10,600 36527 Spring Hill Lighting 25251 US HWY 98 Building in Daphne, AL DAPHNE 2002 4,150 36532 The Shoppes at Fairhope Village Fairhope 36532 Downtown Fairhope 59 59 S Section Street S Section Street Fairhope 36532 Eastern Shore Shopping 100 Greno rd Highway 98 Center 36532 914 Nichols Ave, Fairhope 36532 36532 22530 US Highway 98 Lease Available Agent Name/Phone Price Per S.F. S.F. Gayle Dearman 251-626-0437 25,000 Dane Haygood 251-626-7200 3,000 Marietta Urquhart (251) 479-8606 $16.50 4,000 Philip Hodgson 251-990-6622 $16.00 4,150 Dane Haygood 251-626-7200 $14.00 Peter Patnaude 251-341-1608 84,740 1963 1,591 $263.98 Fairhope 6,000 $11.50 914 Nichols Ave Ext Fairhope 7,625 $2.50 Bayside 19452 SCENIC HWY 98 FAIRHOPE 1,170 Downtown Fairhope 77 South Section Street Fairhope 3,100 $15.00 1,591 Steven Hazelwood 251-510-6969 Randy Delchamps 251-661-5150 7,625 David Cooper (251) 639-4007 1,170 Randy Branch 251-928-2109 2,400 Sharon Wright 251-471-1000 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built Total S.F. Fairhope 1985 7,600 36532 Fairhope / Office / Retail / Warehouse 914 Nichols Ave Ext 36535 United Rentals Sublease 2801 S. McKenzie Street Foley 36535 2050 to 12000 Sf of Office/Retail Space 12342 Foley Beach Express Foley 2007 36535 Mid Pointe Plaza #104 8159 Hwy 59 Foley New 36535 Northside Square 620 N. McKenzie St. Foley 2005 36535 Prime Office Space Hwy 316 Mckenzie Street 59 Foley 36536 Foley Express Center 12342 Foley Beach Express Foley 36541 10264 Potter Tract Rd 10265 Potter Tract Rd 36551 Loxley Warehouse 25778 Highway 59 36551 36561 Lease Available Agent Name/Phone Price Per S.F. S.F. Haran Hunter $10.00 7,600 251-981-2400 14,000 14,000 Joe Steen 251-607-7880 12,000 6,560 Allan R. Cameron, Jr. (251) 438-4312 $12.00 1,500 Philip Hodgson 251-990-6622 $9.14 6,560 Philip Hodgson 251-990-6622 5,700 Joe Steen 251-607-7880 $8.00 13,000 Terry McKinney 251-460-0910 $57.78 2,250 Richard Mann 251-300-3396 5,700 Grand Bay 2,250 Loxley 5,545 5,545 Tommy Praytor, CCIM 251-343-9890 9000SF Bldg N Hickory, 2127 N Hickory Street Loxley Loxley 9,000 9,000 Joe Steen 251-607-7880 Wolf Bay Plaza Orange Beach 1,800 Marl Cummings, III (251) 476-6000 25637 Canal Road 2006 $12.00 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built Total S.F. 36567 Restaurant Bldg for 23529 Hwy 59 South Sale/Lease 23529 Hwy Robertsdal 1990 e 2,500 36567 Vacant Bldg 22731 Milwaukee St Robertsdal e 3,600 36567 LEASE SPACE IN SMALL Unit 2 & 3 County Rd. 64 STRIP CENTER Robertsdal e 0 36567 OFFICE/RETAIL SPACE FOR LEASE 27838 Highway 64 Units 2 & Robertsdal 3 e 36571 Highway 43 (207) 207 Highway 43 Saraland 36571 Bowdoin Square 705 Highway 43 Saraland 36571 Saraland Loop Plaza 112 Saraland Loop Saraland 36571 Saraland Shopping Center 951 Saraland Blvd South Saraland 36571 Sawyer Furniture Building 207 Highway 43 N. Saraland 36571 Industrial Parkway Center 710 Industrial Parkway Saraland 36572 5717 Hwy. 43 5717 Hwy. 43 Satsuma 22731 S Milwaukee St Lease Available Agent Name/Phone Price Per S.F. S.F. Joe Steen 2,500 251-607-7880 3,600 Thomas Galloney 251-626-1970 1,200 Thomas Galloney 251-626-1970 1,200 Marl Cummings, III (251) 476-6000 6,000 Matt Cummings (251) 476-6000 9,650 David Dexter 251-471-1000 $5.00 122,967 Julie Baggett 205-876-2714 $4.00 20,000 John Delchamps (251) 476-0808 $13.25 1,750 John Delchamps (251) 476-0808 $12.00 900 Holly Shirley 251-300-3397 1,200 6,000 1989 $9.00 131,578 131,967 2005 3,600 Joe Steen 251-607-7880 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built Total S.F. 36575 98 Oaks Plaza 7930 Moffett Road Mobile 36575 3341 Schillinger Road N. 3341 Schillinger Road N. Semmes 2002 2,659 36577 Lease Space Adjoining Stix Restaurant 10240 Eastern Shore Blvd Spanish Fort Blvd 2006 4,000 36582 Jackson Square Highway 90 Theodore 36582 Highway 90 (5880) 5880 Highway 90 Theodore 36582 5784 Hwy 90 W 5784 Hwy 90 W Theodore 1997 36582 5721 Hwy 90 Ste B 5721 Hwy 90 Ste B Theodore 2001 36582 Plantation Square 6095 - 6105 Old Pascagoula Rd Theodore 36582 THEODORE DAWES 7250 & 7260 Theodore Dawes Road Theodore 8,750 36602 Civic Center Dr 456 Civic Center Dr Mobile 5,000 36605 Dauphin Plaza 2912 Dauphin Island Parkway Mobile 27,000 Lease Available Agent Name/Phone Price Per S.F. S.F. Marl Cummings IV $14.00 (251) 476-6000 $17.50 2,659 Adam Metcalfe (251) 432-2600 4,000 Haran Hunter 251-981-2400 Marl Cummings IV (251) 476-6000 7,112 6,300 1,600 Marl Cummings IV (251) 476-6000 $8.40 1,050 David Cooper (251) 639-4007 $8.00 2,600 Angela McArthur (251) 639-4007 Terry McKinney 251-460-0910 $8.00 $12.00 8,750 Tammy Adcock 251-438-4312 5,000 Gavin Bender Marl Cummings IV (251) 476-6000 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built Total S.F. Lease Available Agent Name/Phone Price Per S.F. S.F. James Henderson 2,850 251-447-4848 36605 Navco Road Convenience Store 1509 Navco Rd. Mobile 36605 2669 Dauphin Island Parkway 2669 Dauphin Island Parkway Mobile 36605 Parkway Center 2569 Dauphin Island Parkway Mobile 36606 Dauphin Street (3020) 3020 Dauphin Street Mobile 36606 Airport Boulevard 3156 Airport Boulevard Mobile 36606 Dauphin Street (3016) 3016 Dauphin Street Mobile 36606 Dauphin Square Dauphin Street Mobile 94,390 Matt Cummings (251) 476-6000 36606 Midtown Mart Dauphin Street Mobile 101,111 Marl Cummings IV (251) 476-6000 36606 Government Blvd. (2667) 2667 Government Blvd. Mobile 36606 Wilson Dismukes 2646 Government Street Mobile 36606 Dauphin Street (3050) 3050 Dauphin Street Mobile 2,850 15,000 $5.40 4,000 Holly Shirley 251-300-3397 $5.00 15,000 Mike McAleer 251-473-7517 Matt Cummings (251) 476-6000 1970 3,500 $25.00 3,500 Terry McKinney 251-460-0910 Matt Cummings (251) 476-6000 unkno wn 3,380 Marl Cummings IV (251) 476-6000 16,000 $4.25 16,000 Keith Vaughan 251-432-0123 32,391 $6.00 32,391 Matt Cummings (251) 476-6000 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built 36606 Airport Boulevard (3102) 3102 Airport Boulevard Mobile 36606 2104 Government St 2104 Government St Mobile 36606 1530 I-65 Service Rd W 1530 I-65 Service Rd W #C #C Mobile 36607 Spacious Springhill Avenue Office 3213 Springhill Avenue Mobile 36608 Airwest Retail Center 7335 Airport Blvd. Suite C or D Mobile 1993 36608 Baker-West Retail Center 9120 Airport Blvd. Suite K Mobile 2004 36608 University Village Old Shell Road Mobile 36608 Sawyer Center 3767 Airport Blvd. Ste. A Mobile 36608 Victoria Place 951 Schillinger Rd. N. Mobile 36608 Southwood Place Providence Hospital 6808 Airport Blvd 36608 University Square Shopping Center 5821 Old Shell Rd Total S.F. 2,150 1962 Lease Available Agent Name/Phone Price Per S.F. S.F. Marl Cummings IV $14.00 2,150 (251) 476-6000 3,048 $5.91 3,048 Richard Mann 251-300-3396 6,000 $11.32 530 Holly Shirley 251-300-3397 $10.00 3,100 Tammy Adcock 251-438-4312 $13.00 2,250 David Stein (251) 342-1968 $14.20 3,000 David Stein (251) 342-1968 20,000 Marl Cummings IV (251) 476-6000 23,679 $18.00 1,564 John Delchamps (251) 476-0808 $10.00 8,000 Tommy Gleason, Jr. (251) 342-1636 Mobile $12.30 3,177 Pratt Thomas 251-476-0808 Mobile $17.00 1,200 Pratt Thomas 251-476-0808 2003 16,000 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City 36608 Zeigler Blvd Retail 5450 Zeigler Blvd Mobile 36608 Yester Oaks Shopping Center Airport Blvd at I-65 Mobile 36609 Schillinger Pointe Shopping Center 1065 Schillinger Road Mobile 36609 3912 Cottage Hill Road 3912 Cottage Hill Road Mobile 36609 1242 Montlimar Dr Mobile 36609 1168 West I-65 Service 1168 West I-65 Service Road Road South South 36609 Year Built Total S.F. 9,045 Lease Available Agent Name/Phone Price Per S.F. S.F. Pratt Thomas 3,150 251-476-0808 Terry McKinney 251-460-0910 $1.17 $22.00 9,800 $7.00 11,920 $9.00 11,920 Mobile 5,000 $9.86 1,825 1300 West I-65 Service 1300 West I-65 Service Road Road South South Mobile 13,200 $6.80 13,200 Joseph G. (Joey) Betbeze, Jr. 36609 Restaurant Building 830 I-65 Service Rd South Mobile 5,791 5,791 Terry McKinney 251-460-0910 36609 Government Retail/Warehouse 4128 Government Blvd Mobile 35,000 $6.00 35,000 Tommy Praytor, CCIM 251-343-9890 36609 Moffat Road Shopping Moffat Road Shopping Center Center Mobile $8.00 2,400 Gavin Bender 36609 Azalea Center Mobile 20,720 David Dexter 251-471-1000 250 Azelea Road 1994 1974 140,000 2,800 John Delchamps (251) 476-0808 9,800 1242 Montlimar Dr. 2009 Adam Metcalfe (251) 432-2600 Angela McArthur (251) 639-4007 Joseph G. (Joey) Betbeze, Jr. Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built Total S.F. Lease Available Agent Name/Phone Price Per S.F. S.F. David Dexter 1,650 251-471-1000 36609 Sugar Mill Village 851 Hillcrest Road Mobile 1989 16,500 36609 Cottage Village I 5017 Cottage Hill Road Mobile 1989 58,468 1,400 David Dexter 251-471-1000 36609 Cottage Village II 5035 Cottage Hill Road Mobile 1989 32,100 1,400 David Dexter 251-471-1000 36609 Azalea South 308 Azalea Road Mobile 1989 1,200 43,200 David Dexter 251-471-1000 36609 Piccadilly Square 6345 Airport Blvd. Mobile 1989 44,251 1,770 David Dexter 251-471-1000 36609 Former Milo's 6161 Airport Boulevard Mobile 2,917 2,917 John Vallas 251-344-1444 36609 1212 Montlimar Dr 1212 Montlimar Drive A-B,D Mobile $13.00 2,530 David Cooper (251) 639-4007 36609 Montlimar Building 1218 Montlimar Drive Mobile $13.25 3,000 John Delchamps (251) 476-0808 36609 Professional Office Building 4300 Downtowner Loop Mobile $12.00 5,000 36609 1025 Montlimar Dr. 1025 Montlimar Dr. Mobile 7,750 $6.98 7,750 36609 I-65 Service Rd 1558 I-65 Service Rd W Mobile 21,800 $10.00 21,800 2009 3,795 $12.00 Allan R. Cameron, Jr. (251) 438-4312 Joseph G. (Joey) Betbeze, Jr. Gavin Bender Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built Total S.F. Lease Available Agent Name/Phone Price Per S.F. S.F. Mike McAleer $2.75 60,000 251-473-7517 36610 1310 Telegraph Road 1310 Telegraph Road Mobile 60,000 36611 Chickasaw Shopping Center 114 S. Craft Highway Chickasaw 15,000 $4.00 9,800 Terry McKinney 251-460-0910 36618 1395 University Blvd N 1395 University Blvd North Mobile 1,836 $10.67 1,836 David Cooper (251) 639-4007 36618 4104 Moffet Rd 4104 Moffet Rd Mobile 1,800 $8.67 1,800 Angela McArthur (251) 639-4007 36619 Patmos Plaza 5238 Highway 90 Mobile $12.00 1,500 John Vallas 251-344-1444 36619 Oaks Tillmans Corner 5650 Old Pascagoula Road $11.00 4,300 Ralph Neal, III (251) 602-1403 36693 Government/65 3747 Government Blvd 27,000 $10.00 8,000 Brian Metcalfe (251) 432-2600 36693 3747 Government Blvd. 3747 Government Boulevard Mobile 27,000 $10.00 8,000 Adam Metcalfe (251) 432-2600 36695 Hillcrest Retail Center 1261 Hillcrest Road Mobile 16,000 $13.00 4,500 David Stein (251) 342-1968 36695 Hillcrest Plaza Hillcrest Road Mobile 36695 Hillcrest Square Shopping Center Lot 2 Omni Park Dr. Mobile 2006 theodore 2006 Mobile 1987 1998 Matt Cummings (251) 476-6000 113,940 2008 10,985 $18.00 John Delchamps (251) 476-0808 Commercial Report Mobile & Baldwin Retail Properties Total Market of Retail Properties Advertised for Lease Table 3 Zip Code Property Name Address City Year Built 1998 36695 2502 Schillinger Rd. S 2502 Schillinger Rd S Mobile 36695 Target Shadow 740 Schillinger Rd S B-2 Mobile 36695 2410 Dawes Rd 2410 Dawes Rd Mobile 36695 Hillcrest Square Shopping Center 1175 Hillcrest Rd 36695 Schillinger Rd Retail 36695 Total S.F. Lease Available Agent Name/Phone Price Per S.F. S.F. Angela McArthur $15.00 1,200 (251) 639-4007 $18.00 1,380 Angela McArthur (251) 639-4007 $15.00 1,200 Angela McArthur (251) 639-4007 Mobile $20.00 2,485 Pratt Thomas 251-476-0808 1065 Schillinger Rd S Mobile $25.00 1,400 Pratt Thomas 251-476-0808 Schillinger Pointe Shopping Center 1065 Schillinger Road S. Mobile $25.30 2,800 Mike McAleer 251-473-7517 36695 Summit Court 7735 Summit Court Mobile 1,250 John Delchamps (251) 476-0808 36695 7695 Cottage Hill 7695 Cottage Hill Rd. Ste C Mobile 4,000 1,200 Angela McArthur (251) 639-4007 365352234 Med-South Sublease 1420 N. McKenzie Street Foley 1,800 1,800 Pete Riehm 251-438-4312 1950 1,200 9,800 Commercial Report Mobile & Baldwin Retail Properties Advertised For Sale Advertised Sale Price & Available S.F. by Zip Code Table 4. Zip Code 36507 36525 36526 36526 36526 36526 36526 36526 36527 36527 36527 36532 36532 36532 36532 36535 36535 36535 36541 36542 36542 36551 36551 36551 36567 36567 36567 36567 36571 36571 36571 Advertised Sales Price $237,500 $785,000 $899,000 $475,000 $252,390 $3,400,000 $235,000 $1,425,000 $2,800,000 $449,000 $349,900 $420,000 $245,000 $349,900 $620,000 $449,000 $736,000 $575,000 $130,000 $1,100,000 $985,000 $399,000 $990,000 $775,000 $255,000 $1,499,999 $185,000 $725,000 $300,000 $499,000 $330,000 Advertised S.F. 3,700 29,737 5,234 25,000 4,150 2,760 1,591 3,000 7,600 3,100 8,990 3,750 5,000 2,250 9,600 5,545 10,077 9,000 2,500 11,000 3,600 2,490 2,096 Commercial Report Mobile & Baldwin Retail Properties Advertised For Sale Advertised Sale Price & Available S.F. by Zip Code Table 4. Zip Code 36571 36571 36572 36576 36576 36582 36601 36602 36605 36605 36605 36605 36606 36606 36606 36607 36607 36607 36608 36608 36608 36608 36609 36609 36609 36609 36609 36609 36609 36610 36618 Advertised Sales Price $500,000 $450,000 $285,000 $399,000 $164,300 $449,900 $412,000 $599,000 $199,000 $199,000 $199,000 $425,000 $489,000 $150,000 $185,000 $1,350,000 $285,000 $225,000 $1,250,000 $1,350,000 $775,000 $1,749,000 $2,900,000 $875,000 $1,425,000 $975,000 $700,000 $795,000 $1,200,000 Call For Pricing $395,000 Advertised S.F. 5,800 2,451 3,600 4,136 1,620 8,750 15,800 4,744 2,850 4,360 3,647 2,749 16,000 2,000 6,090 22,600 9,000 16,000 9,045 7,798 13,200 5,791 35,000 11,920 2,917 21,800 60,000 6,500 Commercial Report Mobile & Baldwin Retail Properties Advertised For Sale Advertised Sale Price & Available S.F. by Zip Code Table 4. Zip Code 36618 36619 36693 36695 36695 36695 36695 Median Properties Reporting Advertised Sales Price $199,000 $1,800,000 $1,650,000 $895,000 $1,000,000 $195,000 $335,000 $482,000 Advertised S.F. 2,500 69 55 28,800 3,600 2,000 5,234 Commercial Report Mobile & Baldwin Retail Properties Advertised For Sale Price Per S.F by Zip Code Table 5. Zip Code Sales Price 36507 36525 36526 36526 36526 36526 36526 36526 36527 36527 36527 36532 36532 36532 36532 36535 36535 36535 36541 36542 36542 36551 36551 36551 36567 36567 36567 36567 36571 36571 36571 $237,500 $785,000 $899,000 $475,000 $252,390 $3,400,000 $235,000 $1,425,000 $2,800,000 $449,000 $349,900 $420,000 $245,000 $349,900 $620,000 $449,000 $736,000 $575,000 $130,000 $1,100,000 $985,000 $399,000 $990,000 $775,000 $255,000 $1,499,999 $185,000 $725,000 $300,000 $499,000 $330,000 Building S.F. Site S.F.* Acreage Sales Price per Sales Price Building S.F. per Site S.F. 4,974 0 5,234 25,000 4,150 2,760 1,591 3,000 7,600 2,400 2,250 9,600 5,545 10,077 9,000 2,500 11,000 3,600 7,200 1,200 2,490 2,096 3,700.00 29,737.00 5,234.00 25,000.00 4,150.00 2,760.00 1,591.00 3,000.00 7,600.00 3,100.00 8,990.00 3,750.00 5,000.00 2,250.00 9,600.00 5,545.00 10,077.00 9,000.00 2,500.00 11,000.00 3,600.00 2,490.00 2,096.00 $68.21 $114.34 0.403 3.5 1.9 0.43 0.92 0.25 0.7 $272.26 $112.00 $108.19 $126.78 $263.98 $81.67 $46.04 $258.33 0.77 $57.78 4 2 18 0.35 $102.60 $71.96 $98.24 $86.11 $102.00 $136.36 $51.39 $100.69 $250.00 $200.40 $157.44 $272.26 $112.00 $108.19 $126.78 $263.98 $81.67 $46.04 $200.00 $49.94 $196.27 $115.00 $57.78 $102.60 $71.96 $98.24 $86.11 $102.00 $136.36 $51.39 $200.40 $157.44 Commercial Report Mobile & Baldwin Retail Properties Advertised For Sale Price Per S.F by Zip Code Table 5. Zip Code Sales Price 36571 36571 36572 36576 36576 36582 36601 36602 36605 36605 36605 36605 36606 36606 36606 36607 36607 36607 36608 36608 36608 36608 36609 36609 36609 36609 36609 36609 36609 36610 36618 $500,000 $450,000 $285,000 $399,000 $164,300 $449,900 $412,000 $599,000 $199,000 $199,000 $199,000 $425,000 $489,000 $150,000 $185,000 $1,350,000 $285,000 $225,000 $1,250,000 $1,350,000 $775,000 $1,749,000 $2,900,000 $875,000 $1,425,000 $975,000 $700,000 $795,000 $1,200,000 Call For Pricing $395,000 Building S.F. 5,800 900 4,136 8,750 15,800 4,744 2,850 4,360 3,647 2,749 16,000 22,600 9,000 8,000 3,150 7,798 114,250 13,200 5,791 35,000 11,920 2,917 21,800 60,000 Site S.F.* 5,800.00 2,451.00 3,600.00 4,136.00 1,620.00 8,750.00 15,800.00 4,744.00 2,850.00 4,360.00 3,647.00 2,749.00 16,000.00 2,000.00 6,090.00 22,600.00 9,000.00 Acreage $86.21 0.51 0.25 0.43 0.75 1 0 0.5 3.5 1 0.38 3.35 16,000.00 9,045.00 7,798.00 13,200.00 5,791.00 35,000.00 11,920.00 2,917.00 21,800.00 60,000.00 6,500.00 Sales Price per Sales Price Building S.F. per Site S.F. 7 1.57 1 0.72 $316.67 $96.47 $51.42 $26.08 $126.26 $69.82 $45.64 $54.57 $154.60 $30.56 $59.73 $31.67 $168.75 $246.03 $224.29 $25.38 $66.29 $246.07 $27.86 $58.72 $272.54 $55.05 $86.21 $183.60 $79.17 $96.47 $101.42 $51.42 $26.08 $126.26 $69.82 $45.64 $54.57 $154.60 $30.56 $75.00 $30.38 $59.73 $31.67 $84.38 $85.68 $224.29 $66.29 $246.07 $27.86 $58.72 $272.54 $55.05 5 $60.77 Commercial Report Mobile & Baldwin Retail Properties Advertised For Sale Price Per S.F by Zip Code Table 5. Zip Code Sales Price 36618 36619 36693 36695 36695 36695 36695 Median $199,000 $1,800,000 $1,650,000 $895,000 $1,000,000 $195,000 $335,000 $482,000 Properties Reporting 69 Building S.F. Site S.F.* Acreage Sales Price per Sales Price Building S.F. per Site S.F. 2,500.00 $79.60 28,800.00 1.7 1.8 $57.29 $57.29 261,360 3,600 2,000 5,390 3,600.00 2,000.00 5,234 6 0.465 0.5 0.92 $3.83 $54.17 $167.50 $96 $54.17 $167.50 $85 50 55 33 47 54 28,800 Median Sales Price Per Building S.F. Median Sales Price Per Site S.F. $96.47 *Site S.F. obtained by converting acreage listed to square feet by using the conversion factor: 1 acre = 43560 square feet $85.03 Commercial Report Mobile & Baldwin Retail Properties Table 6. Total Market of Retail Properties Advertised for Sale Zip Code Property Name Address City Year Built Sales Price 1920 $237,500 36507 Hoyle Avenue North 101 N. Hoyle Avenue Bay Minette 36525 Creola Exit 22 (13.57 Acres) Creola Axis Loop Road Creola $785,000 36526 Malbis - Hwy 181 & I-10 0 Hwy 181 Daphne $899,000 36526 Prime Location Hwy 181 Daphne 25940 Hwy 181 Daphne $475,000 36526 Bay Breeze Square 106 5th Street Daphne 36526 Bay Point Office 27880 N. Main Street 36526 36526 36527 36527 Daphne - Retail/Office Site on Hwy 181 near CR64 Bank Branch Prime Hwy. 98 Location Malbis - Former Bassett Furniture Store Spring Hill Lighting Building in Daphne, AL Building Agent Name/Agent S.F. Phone Number 4,974 Joe Steen 251-607-7880 Haran Hunter 251-981-2400 3,700.00 Daphne $3,400,000 29,737.00 25922 Hwy 181 Daphne $235,000 27397 US Hwy. 98 Daphne 2007 $1,425,000 5,234.00 5,234 0 Hwy 181 Daphne 2005 $2,800,000 25,000.00 25,000 25251 US HWY 98 DAPHNE 2002 $449,000 4,150.00 4,150 $349,900 2,760.00 2,760 $420,000 1,591.00 1,591 Pfeffer Flooring Building 7623 Spanish Fort Blvd Spanish Fort 36532 Downtown Fairhope 59 S Section Street 59 S Section Street Fairhope 1963 Marl Cummings, III (251) 476-6000 Marl Cummings IV (251) 476-6000 Dane Haygood 251-626-7200 $252,390 36527 1987 Site S.F. 0 Terry McKinney 251-460-0910 Dane Haygood 251-626-7200 Kyle Knight 850-432-5320 Dane Haygood 251-626-7200 Dane Haygood 251-626-7200 Dane Haygood 251-626-7200 Steven Hazelwood 251-510-6969 Commercial Report Mobile & Baldwin Retail Properties Table 6. Total Market of Retail Properties Advertised for Sale Zip Code Property Name Address Year Built Site S.F. Building Agent Name/Agent S.F. Phone Number $245,000 3,000.00 3,000 $349,900 7,600.00 7,600 $620,000 3,100.00 2,400 Fairhope Avenue 36532 Fairhope / Office / Retail / 914 Nichols Ave Ext Warehouse Fairhope 36532 Downtown Fairhope 77 South Section Street Fairhope 36535 Foley Retail Center 1331 S Commercial Foley 1999 $449,000 8,990.00 36535 Foley Coin Laundry 1360 S Commercial Drive Foley 2000 $736,000 3,750.00 36535 Investment Prop. South Of 2270 McKenzie Street Tanger 2270 McKenzie Foley 1998 $575,000 5,000.00 36541 10264 Potter Tract Rd 10265 Potter Tract Rd Grand Bay $130,000 2,250.00 36542 5160 State Hwy 180 5160 State Hwy 180 Gulf Shores $1,100,000 36542 6940 Gulf Shores Pkwy Retail/Showroom 6940 Gulf Shores Parkway Gulf Shores $985,000 9,600.00 9,600 36551 Loxley Warehouse 25778 Highway 59 Loxley $399,000 5,545.00 5,545 33981 Hwy 59 Loxley $990,000 10,077.00 10,077 2127 N Hickory Street Loxley $775,000 9,000.00 9,000 36551 10,077 SF Off/Whse Between Mobile & 9000SF Bldg N Hickory, Loxley Fairhope Sales Price 36532 36551 504 Fairhope Avenue City 1985 2001 Jeremy B. Milling, CCIM 251Haran Hunter 251-981-2400 Sharon Wright 251-471-1000 Haran Hunter 251-981-2400 2,250 Haran Hunter 251-981-2400 Joe Steen 251-607-7880 Richard Mann 251-300-3396 James Henderson 251-447-4848 Joe Steen 251-607-7880 Tommy Praytor, CCIM 251-343-9890 Joe Steen 251-607-7880 Joe Steen 251-607-7880 Commercial Report Mobile & Baldwin Retail Properties Table 6. Total Market of Retail Properties Advertised for Sale Zip Code Property Name Address 36567 Restaurant Bldg for 23529 Hwy 59 South Sale/Lease 23529 Hwy 59 36567 3 BUILDINGS ** 18 ACRES 20814 Hwy. 59 36567 Vacant Bldg 22731 22731 S Milwaukee St Milwaukee St Robertsdale 36567 6 Plex Strip Center 21545 Hwy 59 36571 Highway 43 (207) 207 Highway 43 36571 28 N Hwy 43 36571 City Robertsdal e Robertsdal e Robertsdal e Robertsdal e Year Built Sales Price Site S.F. Building Agent Name/Agent S.F. Phone Number 1990 $255,000 2,500.00 2,500 $1,499,999 11,000.00 11,000 $185,000 3,600.00 3,600 $725,000 7,200 Saraland $300,000 1,200 28 N Hwy 43 Saraland $499,000 2,490.00 2,490 10 N Hwy 43 10 N Hwy 43 Saraland $330,000 2,096.00 2,096 36571 8 N Hwy 43 8 N Hwy 43 Saraland $500,000 5,800.00 5,800 36571 Arby's 809 Saraland Blvd Saraland $450,000 2,451.00 36572 5717 Hwy. 43 5717 Hwy. 43 Satsuma $285,000 3,600.00 900 36576 The State Bank Building Antique/Furniture Store 15950 Highway 104 Silverhill $399,000 4,136.00 4,136 1998 1926 Joe Steen 251-607-7880 Harry Brown 251-626-1970 Joe Steen 251-607-7880 Ingrid Jackson 251-947-1916 Marl Cummings, III (251) 476-6000 James Henderson 251-447-4848 James Henderson 251-447-4848 James Henderson 251-447-4848 David Cooper (251) 639-4007 Holly Shirley 251-300-3397 Beverley ValRie 251-928-9890 Commercial Report Mobile & Baldwin Retail Properties Table 6. Total Market of Retail Properties Advertised for Sale Zip Code 36576 36582 Property Name Address City Year Built 21960 6th Street, Silverhill 21960 6th Street Silverhill AL 7250 & 7260 Theodore Dawes THEODORE DAWES Theodore Road Sales Price Site S.F. Building Agent Name/Agent S.F. Phone Number $164,300 1,620.00 $449,900 8,750.00 8,750 Beverley ValRie 251-928-9890 36601 old Roussos Restaurant 166 South Royal Street Mobile $412,000 15,800.00 15,800 36602 102 Dauphin St 102 DauphinSt Mobile $599,000 4,744.00 4,744 36605 Navco Road Convenience Store 1509 Navco Rd. Mobile $199,000 2,850.00 2,850 36605 1527 Navco Rd 1527 Navco Rd. Mobile $199,000 4,360.00 4,360 36605 Height St 2004 Height Street Mobile $199,000 3,647.00 3,647 36605 Well Established Bank Branch South Mobile 3046 Dauphin Island Pkwy. Mobile 1978 $425,000 2,749.00 2,749 36606 Wilson Dismukes 2646 Government Street Mobile unknow n $489,000 16,000.00 16,000 36606 Pleasant Valey Road (2700) 2700 Pleasant Valley Road Mobile $150,000 2,000.00 36606 Williams Street (304) 304 Williams Street Mobile $185,000 6,090.00 Tammy Adcock 251-438-4312 John D. Peebles (251) 438-4312 Holly Shirley 251-300-3397 James Henderson 251-447-4848 Bob Cooper (251) 639-4007 Tammy Adcock 251-438-4312 Kyle Knight 850-432-5320 Keith Vaughan 251-432-0123 Marl Cummings IV (251) 476-6000 Marl Cummings IV (251) 476-6000 Commercial Report Mobile & Baldwin Retail Properties Table 6. Total Market of Retail Properties Advertised for Sale Zip Code Property Name Address City Year Built Sales Price Site S.F. Building Agent Name/Agent S.F. Phone Number Pete Riehm 251-438-4312 John D. Peebles (251) 438-4312 36607 J. D. Byrider Car Lot 3024 Airport Blvd. Mobile $1,350,000 22,600.00 22,600 36607 Old Pillars Restaurant 1757 Government Street Mobile $285,000 9,000.00 9,000 36607 Retail Land Union Ave and Spring Hill Ave Mobile $225,000 Mitchum Jackson (251) 479-8606 36608 Belmont Apartments and Additional Property 5809 & 5811 Old Shell Road Mobile $1,250,000 Terry McKinney 251-460-0910 36608 Victoria Place 951 Schillinger Rd. N. Mobile 36608 Zeigler Blvd Retail 5450 Zeigler Blvd 36608 Airport Blvd 36609 2003 $1,350,000 16,000.00 8,000 Mobile $775,000 9,045.00 3,150 3871 Airport Blvd Mobile $1,749,000 7,798.00 7,798 4130 Government Blvd. 4130 Government Blvd. Mobile $2,900,000 36609 1300 West I-65 Service Road South 1300 West I-65 Service Road South Mobile $875,000 13,200.00 13,200 36609 Restaurant Building 830 I-65 Service Rd South Mobile $1,425,000 5,791.00 5,791 36609 Government Retail/Warehouse 4128 Government Blvd Mobile $975,000 35,000.00 35,000 36609 1242 Montlimar Dr 1242 Montlimar Dr. Mobile $700,000 11,920.00 11,920 1994 114,250 Tommy Gleason, Jr. (251) 342-1636 Pratt Thomas 251-476-0808 James Henderson 251-447-4848 Gavin Bender Joseph G. (Joey) Betbeze, Jr. Terry McKinney 251-460-0910 Tommy Praytor, CCIM 251-343-9890 Angela McArthur (251) 639-4007 Commercial Report Mobile & Baldwin Retail Properties Table 6. Total Market of Retail Properties Advertised for Sale Zip Code Property Name Address City Year Built Sales Price Site S.F. Building Agent Name/Agent S.F. Phone Number 36609 Former Milo's 6161 Airport Boulevard Mobile $795,000 2,917.00 2,917 John Vallas 251-344-1444 36609 I-65 Service Rd 1558 I-65 Service Rd W Mobile $1,200,000 21,800.00 21,800 Gavin Bender 36610 1310 Telegraph Road 1310 Telegraph Road Mobile Call For Pricing 60,000.00 60,000 Mike McAleer 251-473-7517 36618 Moffett Road Retail/Office 4103 Moffett Road Mobile $395,000 6,500.00 36618 3750 Moffett Rd 3750 Moffett Rd Mobile $199,000 2,500.00 36619 5398, 5400, 5396 Hwy. 90 5398, 5400, 5396 Hwy. 90 W. W. Svc. Rd. Svc. Rd. Theodore $1,800,000 36693 3761 Government St. 3761 Government St. Mobile 36695 Schillinger Rd Lot 1067 Schillinger Rd S Mobile $895,000 36695 Wall Street Business Park Lot 2 0 Wall St. Mobile $1,000,000 36695 Schilliinger Road Retail 1550 Schillinger Road North Mobile $195,000 3,600.00 3,600 36695 Bldg/Corner Lot 7125 Airport Blvd 7125 Airport Blvd Mobile $335,000 2,000.00 2,000 1987 1984 1986 $1,650,000 28,800.00 Don Parden 251-554-1941 Todd Drummond 251-694-1180 28,800 Angela McArthur (251) 639-4007 Cameron Weavil 251-438-6000 Pratt Thomas 251-476-0808 261,360 Cameron Weavil 251-438-6000 Pete Riehm 251-438-4312 Joe Steen 251-607-7880