3250 Airport Blvd, Mobile, AL 36606-3800

This exceptional investment opportunity presents a 6,836 square foot, NNN-leased Juicy Crab restaurant located at 3250 Airport Blvd, Unit B6, Mobile, AL 36606. The property sits on a 1.25-acre lot and is an outparcel to Springdale Shopping Center, consistently ranking in the top 4% nationally for shopping center visits. The Juicy Crab enjoys prime visibility on Airport Blvd (54,400 VPD) and convenient access to I-65 (92,600 VPD), benefiting from high traffic volume. Built in 2006 and renovated in 2021, this restaurant boasts strong sales and a 4.5-star Google rating. The current lease, expiring March 31, 2031, includes a 10% rent increase every five years, with the next increase scheduled for April 2026, and a five-year option. The property benefits from a strong surrounding demographic, including over 19,700 college students within 4 miles and 2,650 hotel rooms within a 5-minute drive. Mobile's thriving tourism and robust port activity further enhance the location's appeal. The asking price is $2,200,000, with a current NOI of $165,000 and a 7.50% cap rate. This presents a compelling opportunity for investors seeking a stable, high-performing asset in a prime location. The property's strong tenant, favorable lease terms, and strategic location combine to offer a secure and potentially lucrative investment.