Free-Standing Restaurant with
3119 Moffett Rd Mobile, AL 36607
3119 Moffett Rd, Mobile, AL, 36607
Contact for pricing
For Sale
Contact for pricing
Restaurant with drive-thru on a large lot for sale.
Property Size3,819 SF
Lot Size0.70 Acres
Price / SF$209.48
Days on Market77
Property Features for 3119 Moffett Rd
General Information
- Standard status
- Active
- Size
- 3,819 SF
- Lot size
- 0.70 Acres
- Property subtype
- RETAIL
Listing Agency
Vallas Realty, Inc.
(251) 751-7223
Listed by
John P. Vallas, Jr.
(251) 751-7223
Source
Moodyscre
Added: May 1 Checked: Jul 16 at 8:12 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vallas Realty, Inc.
Investment Insights
Based on property information with market context.
A free-standing fast-food restaurant with a drive-thru is available for sale. The property benefits from frontage and access on two main thoroughfares. It is situated in a heavily traveled commercial area of Mobile, approximately 0.6 miles from I-65. The property includes a large lot of approximately 0.7 acres, featuring ample parking adjacent to the building and an additional parking area to the side. Most of the restaurant equipment remains in the building and will convey with the sale. The location benefits from combined traffic counts of 45,322 cars per day as of 2024, per ALDOT, on two undivided highways. The building size is 3,819 square feet.
Key Highlights
- High traffic location: 45,322 cars per day (2024 ALDOT data).
- Drive‑thru equipped fast‑food restaurant.
- Excellent access and frontage on two main roads.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.2k | $21.00 |
| − Vacancy | −$3.2k | −$0.84 |
| EGI | $77.0k | $20.16 |
| − OpEx | −$19.2k | −$5.04 |
| NOI | $57.7k | $15.12 |
3,819 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$824.9K
$721.8K – $962.4K
NOI $57,743 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$970.7K
$849.3K – $1.13M
NOI $67,946 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
McDonald's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Restaurant with drive-thru on a large lot for sale.
Where is this drive through restaurant located?
The property is located at 3119 Moffett Rd Mobile, AL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: High traffic location: 45,322 cars per day (2024 ALDOT data).; Drive‑thru equipped fast‑food restaurant.; Excellent access and frontage on two main roads.
