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    3957 Cottage Hill Rd Mobile, AL 36693

    Source: https://www.saltercompany.com
    For Lease
    $25 SF/Yr ($6,250 /Mo)

    Former Wendy's, 3000 sq ft, NNN Lease

    Lot size:
    3,000 SF

    Description

    Added:
    Mar 10, 2025
    Days on Market:
    277
    This 3,000 square foot freestanding retail space, formerly a Wendy's, is ideally situated at the bustling intersection of Cottage Hill Road and Azalea Road in Mobile, Alabama, zip code 36693. Boasting high traffic counts and a densely populated residential area, this property presents a unique opportunity for a quick-service restaurant (QSR), fast-casual establishment, or even a coffee shop. The building benefits from existing infrastructure including a hood system, walk-in cooler, walk-in freezer, and various other pieces of equipment. The dining area is complete with a full set of tables and chairs. The lease is a NNN (Net, Net, Net) type with an annual rate of $25 per square foot. The original floor plan is available upon request. This location offers limited food-related competition in the immediate vicinity, making it an attractive proposition for a variety of food service businesses. The property's prime location and existing features make it a compelling investment opportunity.

    Property Features for 3957 Cottage Hill Rd

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    3,000 SF
    USF (Usable sq. ft)
    3,000 SF
    Elevators
    N/A
    Total Rate
    6250

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 3,000 sq ft freestanding restaurant with drive‑thru in Mobile, AL.
    • High traffic counts and dense residential population offer strong potential.
    • Existing equipment includes hood system, walk‑in cooler, freezer, and dining room furniture.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.171268
    Latitude
    30.584323

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    FAQs

    What type of property is this?
    Other retail property - Former Wendy's, 3000 sq ft, NNN Lease
    Where is this other retail property located?
    The property is located at 3957 Cottage Hill Rd Mobile, AL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 3,000 sq ft freestanding restaurant with drive-thru in Mobile, AL.; High traffic counts and dense residential population offer strong potential.; Existing equipment includes hood system, walk-in cooler, freezer, and dining room furniture.
    (251) 342-7229
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    Mobile, AL 36693
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3957 Cottage Hill Rd Mobile, AL 36693
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