JUST SOLD: 2051 Government St Mobile AL
Pratt Thomas, CCIM, Merrill P Thomas Co., Inc represented the Seller in this transaction. In 1996, the Merrill P Thomas Co., Inc purchased, #developed and built, a 6,650 sq ft retail store. It is ideally situated at the corner of Hwy 90 (Government St) and Holcombe Ave.
Advance Auto Parts, the current tenant signed their original lease in 1996 and has been operating successfully at this location for over 26 years and will continue to lease! Advance Auto Parts is a publicly traded (NYSE:AAP) Fortune 500 company with an investment grade rating of BBB-. They currently have over 6,290 stores in the US, Puerto Rico, Virgin Islands, and Canada, have been in business for 88 years and has a current net worth of $3.7 billion.
#commercialpropertymanagement #developer
Pratt Thomas
Agent / Broker
pratt@MerrillPThomasCo.com
251-476-0808
#investmentservices #development #propertymanagement