Description for 500 St Michael St, Mobile, AL 36602
Net Leased Office/Warehouse in Downtown Mobile. The lease is NN and has limited landlord responsibilities and listed at a 10% cap rate. The lease commenced December 1, 2015 and is a 3 year term. There is one 3 year option available to the tenant. The building is broken up into 6,200 SF of office space and 2,100 SF of warehouse. The office space offers 11 private offices, multiple open workspaces, and 2 conference rooms. The warehouse is heated/cooled and has 1 roll-up door. Located in Mobile CBD.