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"Malbis Place", Daphne, Alabama

Office/Retail/Restaurant Shopping Center hybrid For Lease with total of 23,900 sf gross leasable area. Malbis Place is adjacent to Lowe's and Sam's Club at the northwest corner of Hwy. 90 and Hwy. 181. The retail/restaurant space is located on the ground level while the professional office space is located in the center of the development and has a separate entry on the front and rear of the development. Additionally, there is separate parking on the backside of the development for the office space. Malbis Place is scheduled for occupancy from December 2008 to December 2009.

Tentative Lease Rates: $17-$25 per sf for retail and restaurant space. $15 per sf for professional office space. Figures include all common area maintenance expenses. The Tenant Improvement Allowance to be based on the length of the lease term.

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