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Freestanding NNN Property
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4696 Moffett Rd, Mobile, AL 36618

Absolute triple-net lease with a corporate guaranty and four years remaining.

Property SizeContact for details
Days on Market141

Property Features for 4696 Moffett Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 7.42%
Traffic Count 39,790 vehicles/day
Listing Agency: Belco Development & Investments
Listed By: Adam Farmer · License #CA 1370795
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 6:00PM

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 Belco Development & Investments

Investment Insights

Based on property information with market context.

This offering is a freestanding Krystal Burger property operated under an absolute triple-net lease with a corporate guaranty. The lease has four years remaining, expires 9/30/2029, and includes four (4) year options. The property carries a 7.42% cap rate.

Positioned at the entrance to Piggly Wiggly, the site records traffic counts in excess of 39,790 cars per day. Demographic data within a 3-mile radius includes a population of 44,496 and average income of $66,780. Krystal operates 300+ restaurants in 10 states throughout the Southeastern U.S., and recently merged with SPB Hospitality, which operates and franchises 500+ units across 15 brands.

Key Highlights

  • Freestanding Krystal Burger property
  • Absolute triple‑net lease with corporate guaranty
  • Lease expires 9/30/2029 with four (4) year options

Property Analytics

Current Use

Krystal Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

39,790 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby

Demographics for 36618, AL

17,425
Population
7,313
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
15.9 sq mi
ZIP Area
1,096
Density / Sq Mi
$59,075
Median Household Income
$35,037
Median Earnings
$1,102
Median Rent
$155,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute triple-net lease with a corporate guaranty and four years remaining.
Where is this nnn property located?
The property is located at 4696 Moffett Rd Mobile, AL.
What are key features of this property?
This property features: Freestanding Krystal Burger property; Absolute triple‑net lease with corporate guaranty; Lease expires 9/30/2029 with four (4) year options
(951) 696-2727 Call to check price and availability
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