SOLD: 981 Corporate Dr South Mobile AL

SOLD: Warehouse in Mobile AL

Pratt Thomas, CCIM of Merrill P Thomas Co, Inc, represented the Buyer (local investors), who completed a 1031 tax deferred exchange with the purchase of this 63,000 sf distribution warehouse for $3,515,000.  This property is located on 981 Corporate Dr South, Mobile at the intersection of Interstate-65 and Highway 98 (Moffett Road) in Central Business Park, a light industrial, distribution warehouse commercial subdivision. A prime location within minutes of Alabama State Docks, Austal Ship Building and Brookley Industrial Park (Future Home of EADS).  The building is 100% leased by the Tenants, GOTEREAL, INC and GRIMCO, INC.

Pratt Thomas

Agent / Broker
pratt@MerrillPThomasCo.com
251-476-0808