• Year Built: 2000
5450 Rangeline Rd is located in Mobile, AL.
The current owner of the property is The Lathan Company Inc. Information on the company can be found at www.lathancompany.com.
The current owner will sign a 10-12 year lease. They are currently paying $6.18/s.f. for the property and will continue to do so for a new owner/investor. The NOI at this rate is $96,000. Rent increases in the lease can be negotiated as well.
The property is located in front of the Mobile Commerce Park and surrounded by numerous industrial uses. Its conveniently located 1.4 miles from I-10.
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- Rance Reehl, agent and Rofo Pro