Carrabba's Italian Grill For
For Sale
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3917 Airport Blvd, Mobile, AL 36608
NNN leased Carrabba's with corporate guaranty and long operating history.
Property Size6,926 SF
Lot Size1.22 Acres
Price / SF$542.36
Days on Market172
Property Features for 3917 Airport Blvd
General Information
Standard status
Active
Size
6,926 SF
Lot size
1.22 Acres
Property subtype
Retail
Lease Type
Absolute Net
Net Operating Income
$249,798
Building Details
Year Built
2002
Tenancy
Single
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Mar 26
Changed: Sep 3
Last Checked: Sep 13 at 3:55AM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
The property features a 6,926-square-foot Carrabba’s Italian Grill situated on 1.22 acres in Mobile, AL. The absolute NNN lease has approximately 6.2 years of primary term remaining, along with four 5-year renewal options. The lease is corporately guaranteed by Bloomin’ Brands, Inc. The annual rent increases are the lesser of (i) 1.75% or (ii) 1.7 times the CPI increase. The store has a long operating history with strong sales, with sales having increased 24% since 2019.
Key Highlights
- Absolute NNN lease requiring minimal landlord responsibilities.
- Corporate guaranty from Bloomin’ Brands, Inc.
- ±6.2 years of primary lease term remaining** with four 5‑year renewal options.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36608, AL
39,782
Population
17,690
Households
2.2
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
65.1 sq mi
ZIP Area
611
Density / Sq Mi
$64,372
Median Household Income
$37,530
Median Earnings
$1,045
Median Rent
$234,400
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Feast Buffet — 3725 Airport Blvd Suite 203, Mobile, AL 36608
Frequently Asked Questions
What type of property is this?
Conventional restaurant - NNN leased Carrabba's with corporate guaranty and long operating history.
Where is this conventional restaurant located?
The property is located at 3917 Airport Blvd Mobile, AL.
What is the asking price?
The asking price for this property is $3,756,400.
What are key features of this property?
This property features: Absolute NNN lease requiring minimal landlord responsibilities.; Corporate guaranty from Bloomin’ Brands, Inc.; ±6.2 years of primary lease term remaining** with four 5‑year renewal options.
