MPTmarketing, Author at Commercial Real Estate Mobile AL - Merrill P Thomas Co

LEASED: 100 Industrial Pkwy in Saraland

MPTmarketing — Mon, 07 Mar 2022 18:13:28 +0000

LEASED: 7,210 SF of Office / Warehouse with fenced yard, dock high ramp into building and drive in door. John M. Delchamps of Merrill P Thomas Co, Inc represented the Landlords.

The office/showroom space measures 2,530± SF and has two floors. The showroom/display area has 1,250± SF and the warehouse consists of 3,430± SF. There are two roll-ups doors: one 10′ x 10′ on ground level and one 10′ x 12′ dock high. Ceiling height is 16′ and eave heights are 14′ and 16′. Electrical is 3 phase 200 amp service, with 400 amp am available.

Commercial Office/Warehouse For Lease

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JOHN DELCHAMPS

Agent / Broker
John@MerrillPThomasCo.com
251-604-0615

Learn More:

View Listing on the GCCMLS

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Announcing a New Listing on Theodore Dawes Road

MPTmarketing — Wed, 28 Apr 2021 18:22:46 +0000

Vacant Land For Sale

4.5± Acres of Commercial Land with Frontage Directly Across from the Planned South Alabama Logistics Park

Great location in close proximity to the Amazon Sorting Center, Walmart Distribution Center and FedEx Distribution Center make this site ideal for numerous possibilities including retail, office or warehouse proposals.

This property is directly across from the planned South Alabama Logistics Park Development, a master-planned industrial park that leaders are saying could be one of the largest in the state. The planned South Alabama Logistics Park (SALP) is being developed by the Burton Property Group. It will occupy a 1,300-acre site at the intersection of Interstate 10 and Theodore Dawes Road west of Mobile. It also lies along an existing railroad line.

For more information about this listing, reach out to Pratt Thomas at the contact info below.

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PRATT THOMAS

Agent / Broker
pratt@mptco.com
251-367-8358

Learn More:

View Listing on the GCCMLS

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Welcome Our New Associate Broker, Mike Reid

MPTmarketing — Mon, 08 Mar 2021 18:24:38 +0000

MIKE REID

Associate Broker
mike@mptco.com
251-476-0808

Please join us as we welcome Mike Reid! We are so excited about having him on our team. With his experience, he will be a great addition.

Bio

Mike Reid is an Associate Broker at Merrill P. Thomas Co, Inc. He has 25 years of experience as a real estate agent, broker, and managing broker. Mike specializes in commercial and residential sales, leasing and property management. A graduate of the University of Alabama, Mike is a founder and primary member of the Mobile Business Group. He is a past president of the Commercial Real Estate Exchange Club in Mobile. He currently serves on the local Mobile Advisory Board at The First, A National Banking Association. He is a member of the National Association of Realtors, Alabama Association of Realtors and the Mobile Area Association of Realtors. Mike holds real estate licenses in Alabama and Mississippi.

Client Testimonials

“Mike was invaluable in the sale of our office building and helping us find a new location. His accessibility and professionalism make him a pleasure to work with. I highly recommend Mike Reid, for any real estate advice or transaction.”
– JAMES P. GREEN, ESQ.

“Mike was instrumental in negotiating great terms and additional concessions to ensure our transition into the new space will be smooth. We highly recommend Mike.”
– FORREST DERR,  Altaworx, Director of Information Technology and Marketing

“If you’re doing anything residential, commercial or investment real estate, Mike Reid, would be your best choice. I only trust my Alabama portfolio with him!”
– MICHAEL LUTZ II, Detroit Consulting Professionals, Principal Owners

Learn More:

The MPT Team

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Q&A: What is the difference between a gross lease and a net lease?

MPTmarketing — Fri, 29 Jan 2021 18:08:54 +0000

Gross Lease / Full Service Lease

In a gross lease, the landlord pays all the operating costs. These expenses can include, but aren’t limited to, property taxes, utilities, maintenance, etc. The landlord pays these expenses using the tenant’s rent to offset the costs. As a result, the base rent is typically relatively high, but is the only cost to the tenant.

Many landlords include some variable cost flexibility in the lease by adding “escalation clauses” that account for an increase of insurance or taxes. They can also include language that allows them to temporarily increase your rent based on variable costs.

Net Lease

The tenant pays all the operating costs. The base rent for a net lease is lower than a gross lease, but the tenant also pays fixed operating expenses such as property taxes, insurance, and common area maintenance (CAM) items.

Do you have a question for one of our experts? Contact our office by calling (251) 476-0808, or reach out to one of our brokers below.

Learn More:

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The MPT Mission & Team

MPTmarketing — Tue, 26 Jan 2021 21:29:12 +0000

For over 35 years it has been our company’s mission to add value to our clients by providing exceptional professional real estate services. We treat everyone with respect, honesty and integrity.

We serve clients in Mobile and Baldwin counties with the very best in business practices and are built on a foundation of respect, honesty, integrity and professionalism. With our commitment to exceptional customer service, we create relationships with our clients that deliver repeat success.

Our team is available to help you on your next project no matter the size. We work as a united team with incredible experience to best suit your needs.

Give us a call today to learn how we can work together on your next project! Call the office at 251-476-0808 or reach out to one of our expert brokers below.

MERRILL THOMAS

Managing Broker
merrill@mptco.com
251-401-5240

PRATT THOMAS

Agent / Broker
pratt@mptco.com
251-367-8358

JOHN DELCHAMPS

Agent / Broker
john@mptco.com
251-604-0615

Learn More:

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Tenant Highlight: Domke Market

MPTmarketing — Tue, 08 Dec 2020 21:14:18 +0000

You must know about Domke Market this holiday season!

Domke Market is a Casual wine bar and gourmet store specializing in boutique, small-production wines and tasting events

They have great gift ideas for wine lovers & foodies! Shop unique gifts, and enjoy small plates, charcuterie & cheese boards, wine by the glass and craft beer in a comfortable setting. Allow our friends at Domke Market to help you choose gifts, curate a wine or gourmet basket or even prepare a beautiful charcuterie & cheese board for gifts or holiday parties.

What else does Domke Market have to offer?!

Domke Market has been voted #1 Wine & Gourmet Shop in Mobile for 5 years! They also offer Tasting Nights each month hosted by their super friendly and educated staff. Learn more about wine pairings by being a part of their Wine & Cheese of the Month Club. For membership details click here. Call the store today for more info, (251) 287-1851.

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News Article: St. Mary’s Home Closed on September 30th, 2020

MPTmarketing — Tue, 08 Dec 2020 01:41:31 +0000

Earlier this year an article was written about our listing at 4350 Moffett Road in Mobile, Alabama. Read below to find out more about the closing of Saint Mary’s Group Home.

VIEW LISTING →

“After 182 years, the Archdiocese of Mobile is closing Saint Mary’s Group Home, effective September 30.

It’s the oldest child-welfare agency in the state. Doors have been open since 1838. Archbishop Rodi says the needs of the kids who live here have outgrown what the church can offer.

He says it’s not a financial decision. It’s whats best for the children.

“The home has evolved from being an orphanage to serving kids who have serious psychological and emotional challenges. So it has changed over the years,” Rodi said. “It’s been a hard decision. We don’t like ending a ministry that has such a long history. But with the change of federal law and evolving needs of young people, we really feel this is in the best interest of the young people to do this.”

Right now, 66 employees are providing around-the-clock care for about 30 young people from across the state.

“They have challenges. They have serious psychological, emotional, and behavioral challenges,” said Rodi.

Rodi says the Alabama Department of Human Resources is responsible for finding the children another home. That’s why the Archdiocese had to give the department a 30-day notice.

“We will work with them. We do not want these young people to be traumatized by a sudden move,” Rodi said.

The move, Rodi says, will be challenging for the young people. However, they are working with the state to provide as much comfort as they can.

“We have asked the counsels to reassure the young people that they are going to continued to be cared for,” Rodi said.

The majority of St. Mary’s Home funding comes from donations and state grants, according to Archbishop Rodi. He says the home has a dwindling residential population, and he anticipated that number would continue to drop.

“The new Family First Act, which is soon to be implemented, emphasizes the services these young people need best provided within the home, rather than moving young people to a group home,” Rodi said.

So what’s next for the property?

We checked property records. Between 2008 and 2019, the property was appraised at between $70,000 and $75,000. The 2020 appraised value is $3.2 million.

We asked about this, and spokesperson Rob Herbst told us, “We have no plans for the property. Our focus now is on the best care for these youth and the employees at St. Mary’s Home, working to ensure their transitions are as seamless and positive as possible.”

Archbishop Rodi says they have put a package together for employees to assist with retirement or finding another job.

Read FULL ARTICLE from NBC News 15 →

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SOLD – Commercial Corner Lot in Orange Beach

MPTmarketing — Tue, 22 Sep 2020 20:05:37 +0000

Merrill P. Thomas Co. represented the seller of a .87± acre lot on Canal Road in Orange Beach. The property sold for $400,000. The lot is on the corner of the drive to The Island Church. Plans for development are not available at this time, but stay tuned for updates!

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Recently Leased – 26121 Equity Drive in Daphne to Clever Organizing Solutions

MPTmarketing — Tue, 08 Sep 2020 16:53:07 +0000

Clever Organizing Solutions Secures New Corporate Office and Distribution Center

Clever Organizing Solutions, an e-commerce retailer, recently leased a 6,000± sqft office/warehouse space located at 26121 Equity Dr in Daphne, Alabama. The location will house their corporate offices and distribution center. The company sells organizing solutions for bath, closet, garages, kitchen, laundry, office, automotive, and on the go items. To learn more about our new tenant, their products, and creative solutions, you can visit their website here!

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SOLD – 1624 Boykin Blvd

MPTmarketing — Tue, 11 Aug 2020 18:55:50 +0000

A local investor recently purchased the former Our Lady of Lourdes school property. The property on Boykin Blvd off Dauphin Island Parkway contains approximately 17,600± SF of buildings on an 8± acre campus. The school opened on August 19, 1949. The school educated the children of the parish for 55 years but with a decline in enrollment and the loss the parish families the school closed permanently in 2004. It has since been occupied by St. John’s Deliverance School for Tomorrow and Little Bears Day Care and Learning Center. Little Bears Day Care will continue to operate their business out of a portion of the buildings.

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