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1971 Government St
Mobile, AL 36606 Rickarby

$2,355,000 USD

Freestanding For Sale  •  20,365 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 20,365 SF
  • Lot Size 2.5 AC
  • Building Class B
  • Year Built 1992
  • Tenancy Single
0 Transit Score
78 Walk Score

Highlights

CSL Plasma, a strong investment-grade tenant and subsidiary of $14.8B global biotech leader CSL, operates 350+ locations with 17,000+ employees.
Long-term lease with over 9 years remaining and two 5-year renewal options offers up to 19 years of stable, secure income.
Triple net lease with CSL Plasma offers ease of management, tenant-covered expenses, and is ideal for passive investors and 1031 exchanges.
Lease includes 10% rent increases every 5 years, offering growing income, increased cash flow, and inflation protection.
Multi-tenant retail investment offers tax benefits through depreciation and cost segregation. Adjacent to 14,000-students University of South Alabama
Centrally located in Mobile, AL MSA, the site serves Southwest Alabama and Southeast Mississippi, with 112,000+ residents and 48,000+ household nearby

Amenities

  • Bus Line
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Mobile International 8 min - 3.6 mi
Mobile Regional 24 min - 10.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Jeff Conover 949-412-1616 Faris Lee Investments
Jeff Conover 949-412-1616 Faris Lee Investments