owner | user opportunity
TRANSCRIPT
OWNER | USER OPPORTUNITY 325 Martin Luther King Jr. Dr. | Prichard, AL Representative Image
INVESTMENT SUMMARY Investment Highlights
PROPERTY OVERVIEW Location MapProperty AerialRetail Map
AREA OVERVIEW City Overview
TENANT PROFILE
CONFIDENTIALITY AGREEMENT
Table of Contents: Exclusively Marketed By:
Sands Investment Group believes the information contained herein to bereliable. However, we make no guarantees, representations or warranties ofany kind, expressed or implied regarding this information; including, but notlimited to content, accuracy & reliability. Investors should consult a tax andlegal advisor, as well as verify ALL information prior to the investment.
SANDS INVESTMENT GROUP | 844.4.SIG.NNN | [email protected]
MUNIR MEGHJANILic # 366616
678.770.2101 | DIRECT
RAHILL LAKHANILic # 340279
770.648.1163 | DIRECT
ANDREW ACKERMAN Lic # C0001099750
770.842.6904 | DIRECT
INVESTMENT SUMMARY
Price $675,000
Inside $70,000
Outside 35,000 Gallons
Other Income $1,500
Total Building Area 2,000 SF
Total Land Area 1.23 AC
Year Built 2005
• No Gas Contract
• Value-Add: Turnkey Deli with $35,000 in DeliEquipment at Location
• Half Mile from Highway, Surrounded byNeighborhoods and Offices
• Intersection of a 4-Way Stop, with Great Ingressand Egress
• Trophy Location with Limited Competition
• Absentee Owner
• Includes Property Across the Street (1.23 Acres)
• Built in 2005 with All Brick Siding
INVESTMENT HIGHLIGHTS
DEMOGRAPHICSTrade Area Profile Statistics 1 - MILE 3 - MILE 5 - MILE
POPULATION ESTIMATE 10,126 51,552 109,619
AVERAGE H.H. INCOME $27,337 $36,563 $47,381
SANDS INVESTMENT GROUP | 844.4.SIG.NNN | [email protected]
LOCATION MAP
Former Citgo
Former Citgo
AERIAL MAP
MLK
Jr.
Driv
e /
S. C
raft
Hw
y
Former Citgo
RETAIL MAP
Dairy Fresh Corporation
Payday Loans
• Bo’s Barber Shop• Tree BBQ
Edward A. Palmer Elementary School
Bob’s Paint and Body Shop
• Town Furniture• Rainbow Club
Housing Authority
of Prichard
Hoffman Furniture
Prichard Public Library
• Beauty Land BeautySupply
• Oshuns Candles &Herbs
• T.A.B.S ChristianAcademy
• Phillip’s Furniture
Former Citgo
RETAIL MAP
LeFlore High School
Industrial Park
Whitley Elementary
School
CL Scarborough Middle School
Former Citgo
City OverviewAREA OVERVIEWPrichard borders the north side of Mobile, aswell as the Mobile suburbs of Chickasaw,Saraland, and the unincorporated sections ofEight Mile. As of the 2015 Census, thepopulation of the city was 22,351.
The county is Mobile County is the secondmost-populous county in the U.S. state ofAlabama. As of the 2015 census, itspopulation was 415,395. Its county seat isMobile. The county is named in honor ofthe indigenous Maubila tribe. MobileCounty comprises the Mobile, AlabamaMetropolitan Statistical Area.
The University of Mobile is also locatedwithin the city. Notable people from Prichardinclude Jimmie V. Adams, retired UnitedStates Air Force four-star general who servedas Commander in Chief, Pacific Air Forces(CINCPACAF), from 1991 to 1993. DeloresBrumfield, former member of the All-American Girls Professional Baseball League.Jacoby Glenn, American football cornerback,Lil Greenwood, jazz and R&B singer, andKennedy Winston, professional basketballplayer.
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It isintended to be reviewed only by the party receiving it from Sands Investment Group and should not be madeavailable to any other person or entity without the written consent of Sands Investment Group.
This Offering Memorandum has been prepared to provide summary, unverified information to prospectivepurchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation, and makes nowarranty or representation, with respect to the income or expenses for the subject property, the future projectedfinancial performance of the property, the size and square footage of the property and improvements, the presenceor absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, thephysical condition of the improvements thereon, or the financial condition or business prospects of any tenant, orany tenant’s plans or intentions to continue its occupancy of the subject property.
The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable;however, Sands Investment Group has not verified, and will not verify, any of the information contained herein, norhas Sands Investment Group conducted any investigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy or completeness of the information provided. All potentialbuyers must take appropriate measures to verify all of the information set forth herein.
By receipt of this Memorandum, you agree that this Memorandum andits contents are of confidential nature, that you will hold and treat it inthe strictest confidence and that you will not disclose its contents in anymanner detrimental to the interest of the Owner. You also agree that byaccepting this Memorandum you agree to release Sands InvestmentGroup and hold it harmless from any kind of claim, cost, expense, orliability arising out of your investigation and/or purchase of this property.
CONFIDENTIALITY AGREEMENT
844.4.SIG.NNN | F: 844.328.5905 | WWW.SIGNNN.COM | 101 VILLIAGE PKWY, BLDG 1 SUITE 400 | MARIETTA, GA 30067
678.770.2101 | [email protected]
770.648.1163 | [email protected]
770.626.0445 | [email protected]
Munir Meghjani Lic. 366616
Rahill LakhaniLic. 340279
Andrew Ackerman Lic. C0001099750
Exclusively Marketed By:
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