for lease new retail development 2370 schillinger road

WALGREENS

CYPRESS COVE APARTMENTS

COTTAGE HILL POINTE

FOOSACKLYS

MELLOW MUSHROOM

MCDONALDS

New Retail Development 2370 Schillinger Road, Mobile, ALFOR LEASE

WEST MOBILE COUNTY PARK

SHELL

SCHILLINGER SQUARE

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FOR LEASE | 2370 SCHILLINGER ROAD | MOBILE, AL 36695 PAGE 2

PROPERTY OVERVIEW

New retail space for lease on Schillinger Road near the Cottage Hill Road intersection.

The information contained herein is from sources deemed reliable. No representation is made to the accuracy herein.

This two-tenant development has

165’± frontage on Schillinger Road,

and sits just to the north of the Cottage

Hill Road intersection. This space will

have a drive-thru, making it a perfect

location for a quick-serve restaurant. ZONING In County, No Zoning

ANTICIPATED COMPLETION March 2020

LOCATION 2370 Schillinger Rd., Mobile, AL

AVAILABLE SUITE 1,920± SF (32’ x 60’)

LEASE RATE $30 PSF

jeremy milling 251 694 5050 251 421 0919 [email protected]

matthew garrard 251 694 5050 251 689 1617 [email protected]

220 Saint Michael St. First Floor Mobile AL 36602

PO Box 3086 Mobile AL 36652

mcrcommercial.com

brent cumbest 251 694 5050 251 633 5858 [email protected]

TRAFFIC COUNTS Schillinger Rd: 27,000± VPD Cottage Hill Rd: 17,000± VPD


PRELIMINARY FRONT ELEVATION Need Not Be Built. For Conceptual Purposes.

AVAILABLE SUITE

1,920± SF (32’ x 60’)


SITE PLAN

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Need Not Be Built. For Conceptual Purposes.


SEMMES

MOBILE

TILLMANS CORNER

MOBILE BAY

AREA MAP 2370 Schillinger Road, Mobile, AL

THEODORE


EXECUTIVE SUMMARYExecutive Summary2370 Schillinger Rd S Prepared by Esri2370 Schillinger Rd S, Mobile, Alabama, 36695 Latitude: 30.64134Rings: 1, 3, 5 mile radii Longitude: -88.22504

1 mile 3 miles 5 milesPopulation

2000 Population 3,013 38,095 97,5472010 Population 4,257 46,424 109,5952019 Population 5,069 51,522 116,5482024 Population 5,272 53,617 119,5302000-2010 Annual Rate 3.52% 2.00% 1.17%2010-2019 Annual Rate 1.91% 1.13% 0.67%2019-2024 Annual Rate 0.79% 0.80% 0.51%2019 Male Population 47.1% 47.7% 47.7%2019 Female Population 52.9% 52.3% 52.3%2019 Median Age 41.5 39.6 38.4

In the identified area, the current year population is 116,548. In 2010, the Census count in the area was 109,595. The rate of change since 2010 was 0.67% annually. The five-year projection for the population in the area is 119,530 representing a change of 0.51% annually from 2019 to 2024. Currently, the population is 47.7% male and 52.3% female.

Median Age

The median age in this area is 41.5, compared to U.S. median age of 38.5.Race and Ethnicity

2019 White Alone 75.1% 72.2% 68.6%2019 Black Alone 16.9% 19.9% 23.8%2019 American Indian/Alaska Native Alone 0.3% 0.3% 0.4%2019 Asian Alone 5.1% 3.9% 3.5%2019 Pacific Islander Alone 0.0% 0.1% 0.1%2019 Other Race 0.8% 1.4% 1.4%2019 Two or More Races 1.8% 2.2% 2.3%2019 Hispanic Origin (Any Race) 3.2% 4.2% 4.1%

Persons of Hispanic origin represent 4.1% of the population in the identified area compared to 18.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 51.4 in the identified area, compared to 64.8 for the U.S. as a whole.

Households2019 Wealth Index 148 102 892000 Households 1,056 14,479 37,7892010 Households 1,588 18,686 44,0032019 Total Households 1,900 20,658 46,6392024 Total Households 1,979 21,481 47,8272000-2010 Annual Rate 4.16% 2.58% 1.53%2010-2019 Annual Rate 1.96% 1.09% 0.63%2019-2024 Annual Rate 0.82% 0.78% 0.50%2019 Average Household Size 2.67 2.48 2.47

The household count in this area has changed from 44,003 in 2010 to 46,639 in the current year, a change of 0.63% annually. The five-year projection of households is 47,827, a change of 0.50% annually from the current year total. Average household size is currently 2.47, compared to 2.46 in the year 2010. The number of families in the current year is 30,329 in the specified area.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.

July 08, 2019

©2019 Esri Page 1 of 2

Site MapI-10 E Prepared by Esri7103-7109 US-90, Daphne, Alabama, 36526 Latitude: 30.65550Ring Bands: 0-1, 1-3, 3-5 mile radii Longitude: -87.89886

May 30, 2019



EXECUTIVE SUMMARYExecutive Summary2370 Schillinger Rd S Prepared by Esri2370 Schillinger Rd S, Mobile, Alabama, 36695 Latitude: 30.64134Rings: 1, 3, 5 mile radii Longitude: -88.22504

1 mile 3 miles 5 milesMortgage Income

2019 Percent of Income for Mortgage 12.8% 13.5% 14.6%Median Household Income

2019 Median Household Income $88,088 $68,417 $57,6002024 Median Household Income $99,885 $76,542 $63,8812019-2024 Annual Rate 2.55% 2.27% 2.09%

Average Household Income

2019 Average Household Income $107,239 $90,536 $79,7722024 Average Household Income $122,218 $102,351 $90,6532019-2024 Annual Rate 2.65% 2.48% 2.59%

Per Capita Income2019 Per Capita Income $38,920 $36,087 $31,9652024 Per Capita Income $44,378 $40,764 $36,3122019-2024 Annual Rate 2.66% 2.47% 2.58%

Households by IncomeCurrent median household income is $57,600 in the area, compared to $60,548 for all U.S. households. Median household income is projected to be $63,881 in five years, compared to $69,180 for all U.S. households

Current average household income is $79,772 in this area, compared to $87,398 for all U.S. households. Average household income is projected to be $90,653 in five years, compared to $99,638 for all U.S. households

Current per capita income is $31,965 in the area, compared to the U.S. per capita income of $33,028. The per capita income is projected to be $36,312 in five years, compared to $36,530 for all U.S. households Housing

2019 Housing Affordability Index 199 186 1732000 Total Housing Units 1,089 15,253 40,327

2000 Owner Occupied Housing Units 984 10,881 25,9382000 Renter Occupied Housing Units 71 3,597 11,8512000 Vacant Housing Units 34 775 2,538

2010 Total Housing Units 1,645 19,765 47,2862010 Owner Occupied Housing Units 1,332 12,952 28,8002010 Renter Occupied Housing Units 256 5,734 15,2032010 Vacant Housing Units 57 1,079 3,283



Currently, 56.5% of the 50,776 housing units in the area are owner occupied; 35.4%, renter occupied; and 8.1% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.4% are renter occupied; and 11.2% are vacant. In 2010, there were 47,286 housing units in the area - 60.9% owner occupied, 32.2% renter occupied, and 6.9% vacant. The annual rate of change in housing units since 2010 is 3.22%. Median home value in the area is $171,408, compared to a median home value of $234,154 for the U.S. In five years, median value is projected to change by 1.32% annually to $183,061.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.

July 08, 2019


Site MapI-10 E Prepared by Esri7103-7109 US-90, Daphne, Alabama, 36526 Latitude: 30.65550Ring Bands: 0-1, 1-3, 3-5 mile radii Longitude: -87.89886

May 30, 2019


for lease new retail development 2370 schillinger road

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