Carrabba's Italian Grill For
3917 Airport Blvd Mobile, AL 36608
For Sale
Contact for pricing
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 Market124
Property Features for 3917 Airport Blvd
General Information
- Standard status
- Active
- Size
- 6,926 SF
- Lot size
- 1.22 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing Agency:
CBRE - Atlanta
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Mar 26
Changed: Jul 6
Last Checked: Jul 26 at 12:43PM
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
Property Profile
Location Intelligence
Current Use by Public Records
Carrabba's Italian Grill
Restaurant
Similar Off Market Nearby
- Feast Buffet — 3725 Airport Blvd Suite 203, Mobile, AL 36608
FAQs
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.
