sports complex 6400 piccadilly square dr. mobile, al · 6400 piccadilly square dr. mobile, al 36609...
TRANSCRIPT
Page of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Sports Complex 6400 Piccadilly Square Dr.
Mobile, AL
Page 2 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Executive Summary
Bull Realty, Inc. is pleased to present a unique opportunity to purchase the real estate and business assets of one of Central and South Alabama’s longest established, locally run, lifestyle and fitness operators. Located just minutes from The University of South Alabama and the Mobile Regional Airport, is a prime com-mercial site with an income producing fitness facility currently in place. The facility is ideal for a multitude of health and fitness related uses including but not limited to: sports-medicine, physical therapy, active adult fitness, satellite student/faculty fitness, religious accessory, or other commercial uses. The Mobile Metropolitan area is Alabama’s second largest MSA with over 1,000,000 residents. The city was ranked as one of Forbes fastest growing metro areas as well as one of National Geographic Adventure’s “Best Places to Live and Play”. It’s location on the Mobile Bay provides the city with a multi-modal transportation network throughout the Gulf Coast Region and in turn the city is home to a number of aviation, shipping, chemical, medical, and information technology businesses.
The property is being listed well below market and further discount is available should the property be pur-
chased along with the three (3) other facilities currently being marketed.
PROXIMITY TO MAJOR LOCATIONS IN MILES
Providence Medical Center 1.1
The University of South Alabama 2
Somerby of Mobile Retirement Center 2.3
University Oaks Retirement Center 3.2
Faulkner University 3.8
Spring Hill Medical Center 4.3
Mobile Regional Airport 4.6
Please do not disturb the management, business, tenants or sellers. This Property is available for showing by appointment only. All interested parties must be accompanied by the Listing Broker or its respective affiliates.
Confidential Offering Please do not contact or visit the property without the Listing Broker or its respective affiliates
Page 3 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Sports Complex 6400 Piccadilly Square Dr.
Mobile, AL 36609
Table of Contents
Any included income, expenses, cap rates, costs, return estimates, renovations, measurements, square footage, acreage, projections, interest rates, loan terms, property condition, possible uses, zoning and other information herein may have been
provided by the seller, landlord or other outside sources and while deemed to be reliable, may be estimated, projected, is subject to change, and/or may be limited in scope, and therefore shall not be relied upon as accurate. Any such information important to the
purchaser, lessee or other parties should be independently confirmed within an applicable due diligence period. Please do not disturb the management, business, tenants or sellers. This offer is subject to prior change or sale without notice.
Page
Executive Summary 2
Table of Contents and Disclaimer 3
Property Details 4
Property Photos 5
Location Maps 6
Aerial Images 7
Demographics 8-9
Traffic Counts 10-11
About The Area 12
Broker Profile 13
You're invited to tune in to the “Commercial Real Estate Show” Saturdays at 10AM EST, on biz1190 in Atlanta, or on line any-where
Page 4 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Property Overview
6400 Piccadilly Square Dr.
Property Features: Currently operating as an income producing physical fitness facility 360 +/- Feet Frontage on Piccadilly Square Rd Parking Spaces: Approx. 119
Building Amenities: Weight Rooms Olympic Pools Basketball Courts Nursery and Childcare Steam Room and Sauna Racquetball Court Cardio Rooms Spin Rooms Separate Men’s and Women’s Locker Rooms Indoor Tracks Yoga/Pilates Area Group Fitness Area Bar with Seating Area and Current Liquor License
PROPERTY DETAILS
County Mobile
Property Size 22,722
Lot Size 2.49+/- Acres
Year Built 1987
Zoning B-2
Price $1,595,000
Please do not disturb the management, business, tenants or sellers. This Property is available for show-ing by appointment only. All interested parties must be accompanied by the Listing Broker or its respec-tive affiliates.
Page 5 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Property Photos
Page 6 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Location Maps
Directions from Downtown Mobile: Head west on US 90 / Government Street until Old Government Street / CR-56; bear right onto that road and then stay to the left to stay on Airport Boulevard / CR-56. Follow this road for 6.3 miles and then turn left onto Piccadilly Square Drive. The property is ahead on the left in 3/10ths of a mile.
Page 7 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Aerial Images
Subject Property
Page 8 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Demographics
Page 9 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Demographics
Page 10 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Traffic Counts
Page 11 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Traffic Counts
Page 12 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
About The Area
Page 13 of 13 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.
Broker Profile
Bull Realty is a commercial real estate brokerage firm providing marketing and acquisition services across the country for institutional and private equity investors, lenders, institutions and users of commercial real estate. The firm is well known for their successful marketing platform and industry leading use of technology. Specific broker teams specialize in retail, office, industrial, apartments, land, medical, hospitality, and special asset
services. Bull Realty provides marketing and other services for 74 lenders and servicers. Google chooses BullRealty.com as the number one website for the most often used search phrase for “Commercial
Real Estate Georgia”. Bull Realty marketing services includes videos of appropriate properties. The firm hosts the Commercial Real Estate Show, a talk radio show which airs at 10AM EST every Saturday on air at
biz1190AM and on-line at www.CommercialRealEstateShow.com.
Please do not disturb the management, business, tenants or sellers. This Property is available for showing by appointment only. All interested parties must be accompanied by the Listing Broker or its respective affiliates.
Perry Hayes has been selling and developing real estate in the Atlanta area for over twenty years as owner of his own
residential construction company. Perry joined Bull Realty to provide his clients a marketing platform proven to maxi-
mize asset value in this economic cycle. Perry uses his experience in land sales and acquisitions, site analysis and devel-
opment skills to add value to his clients’ real estate transactions.
Perry is a member of the National Association of Realtors, the Atlanta Commercial Board of Realtors and is a candidate
for the Certified Commercial Investment Member (CCIM) designation.
Perry received a B.S. Degree from Auburn University. He currently resides in Suwanee with his wife where they spend
much of their free time boating and fishing on Lake Lanier.
Perry Hayes Associate Broker 404.876.1640 x 135 [email protected] Bull Realty, Inc. 50 Glenlake Parkway, Suite 650 Atlanta, GA 30328