The Commerce Building. 118 N Royal Street, Mobile, Alabama

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Nicholas Marsh
5 years ago
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FOR SALE 118 N Royal Street, Mobile, Alabama Mike

36606 (251) 473-7517 Office www.mcaleertunstall.

obtained from sources agent considers reliable,

1 FOR SALE 118 N Royal Street, Mobile, Alabama Mike McAleer 3280 Dauphin Street, Suite C104 Mobile, AL (251) Office Attention: The information given herewith is obtained from sources agent considers reliable, however, agent is not responsible for misstatements of facts,

THE OFFERING The McAleer Tunstall Company, LLC is pleased to offer to investors the opportunity to purchase The Commerce Building, one of Mobile s Landmark Class

Prominently situated in the heart of Downtown Mobile s Business District, the southeast corner of Royal Street @ St Louis Street, The Commerce Building features

118 N Royal Street, Mobile, Alabama OFFERING AT A GLANCE Size 94,537 Gross Square Feet Stories 12 Price $1.

2 THE OFFERING The McAleer Tunstall Company, LLC is pleased to offer to investors the opportunity to purchase The Commerce Building, one of Mobile s Landmark Class B office properties and an exceptional investment opportunity with significant upside potential. Prominently situated in the heart of Downtown Mobile s Business District, the southeast corner of Royal St Louis Street, The Commerce Building features elegant lasting architecture, efficient floor plans, and a broad selection of urban amenities both on-site and within walking distance. 118 N Royal Street, Mobile, Alabama OFFERING AT A GLANCE Size 94,537 Gross Square Feet Stories 12 Price $1.25 Million Attention: The information given herewith is obtained from sources agent considers reliable, however, agent is not responsible for misstatements of facts, errors or omissions. Purchaser/Lessee must satisfy self of accuracy of any statement or projection relied upon. ALL FIGURES ARE APPROXIMATE.

3 Investment Highlights Office Tower Very functional floorplans ideal for single or multi-tenant uses Recent upgrades in have included generator, elevators, HVAC, lobby interiors. See attached for more detailed information. Property includes 30 car parking lot /- space parking lot available on long term lease across St Louis Street offers some of the best parking options of any building in the area. Below Market Rents with Significant Leasing Upside Manageable expiration schedule and an ability to capture market rents quickly. Excellent Main & Main Location Downtown Mobile is the center of Mobile s economy and location of choice for banking, law, professional services, and key government related entities. Prime location at the intersection of Royal Street and St Louis Street Excellent access to the Causeway / Bayway to Baldwin County as well as I-10 / I- 110 to North and West Mobile. Significant array of nearby amenities Revitalization of Downtown Mobile continues to attract employers, residents and new capital investment Attention: The information given herewith is obtained from sources agent considers reliable, however, agent is not responsible for misstatements of facts, errors or omissions. Purchaser/Lessee must satisfy self of accuracy of any statement or projection relied upon. ALL FIGURES ARE APPROXIMATE.

however, agent is not responsible for misstatements of facts, errors or omissions.

4 AVAILABLE PARKING COMMERCE BUILDING 30 PK Lot Included Central Parking Facilities Nearby Attention: The information given herewith is obtained from sources agent considers reliable, however, agent is not responsible for misstatements of facts, errors or omissions. Purchaser/ Lessee must satisfy self of accuracy of any statement or projection relied upon. ALL FIGURES ARE APPROXIMATE.

To Interstate 165 State Docks US Post Office Main Branch FBI Bldg Bank Trust Bldg. Commerce Bldg. Federal Courthouse Bankruptcy Court SouthTrust Bank Bldg.

Convention Center The McAleer Tunstall Co, LLC 3280 Dauphin Street Suite C-104 Mobile Alabama 36606 www.mcaleertunstall.

5 To Interstate 165 State Docks US Post Office Main Branch FBI Bldg Bank Trust Bldg. Commerce Bldg. Federal Courthouse Bankruptcy Court SouthTrust Bank Bldg. RSA Tower For Information Mike McAleer Office Cell Bienville Square Region s Bank Bldg. Convention Center The McAleer Tunstall Co, LLC 3280 Dauphin Street Suite C-104 Mobile Alabama County/City Complex Attention: The information given herewith is obtained from sources agent considers reliable, however, agent is not responsible for misstatements of facts, errors or omissions. Purchaser/ Lessee must satisfy self of accuracy of any statement or projection relied upon. ALL FIGURES ARE APPROXIMATE.

6 Commerce Building Features Suites available from 333 sf to Full Floors of 8,227 sf Convenient Downtown location at the Intersection of Royal and St. Louis Fast and easy access to and from Interstate 10. The I-10 / I-65 Connector, Highway 43, other major roadways and the State Docks. Abundant, convenient parking. The Commerce Building has 230 spaces under its control. The Automobile Hotel is approximately 100 from the front door and several other parking lots are within walking distance of the Commerce Building Water front and/or skyline views from the 3rd through the 12th floors. New elevators (excluding carts) installed in Installation included new motors, controllers and cables. Full Service Building Generator installed in On site management and maintenance personnel to quickly respond to and resolve building and tenant issues. Law office and other professional services within walking distance. 1st floor break room with drink machines, snack machines, tables, chairs, and a microwave for employee convenience. Storage available on the 2nd floor at special rates for Commerce Building tenants. Numerous improvements to the exterior and interior of the building to greatly improve the image and function of the Commerce Building for its tenants. Walking distance to City County Building, Federal Courthouse, Bankruptcy Court, RSA Building and all other major downtown office buildings, restaurants and services. Drop boxes for Federal Express, UPS, and the US Postal Service. Door to Door mail delivery

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