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    3930 Airport Blvd Mobile, AL 36608

    For Lease
    Contact for pricing

    Mobile, AL Retail & Medical Office Opportunity

    Lot size:
    167,193 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 167,193 square foot retail and medical office space in Mobile, Alabama, presents a unique investment opportunity. Located at 3930 Airport Blvd, this multi-tenant property offers a minimum divisible space of 25,538 square feet, with a maximum contiguous space of 25,538 square feet currently vacant. The property's prime location at the northeast corner of Airport Boulevard (46,209 cars per day) and McGregor Avenue places it within Mobile's affluent Spring Hill neighborhood, known for its high household incomes. This strategic position ensures high visibility and accessibility for businesses. The center enjoys a strong tenant mix, including established national retailers such as Michael's, PetSmart, TJ Maxx, Fresh Market, and Haverty's, creating a vibrant and attractive shopping destination. Data from Placer.ai indicates over 2.1 million visitors to the center in 2023, demonstrating significant foot traffic and consumer interest. The property's diverse subtypes, including medical office and shopping center components, cater to a wide range of business needs, making it an ideal location for both established and emerging enterprises. The available 25,538 square feet presents a significant opportunity for expansion or new tenancy within a thriving retail environment. The property's size and location make it a compelling investment prospect in a high-demand area. This is a chance to secure a foothold in a successful, established center with proven high traffic and strong neighboring businesses.

    Property Features for 3930 Airport Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    167,193 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    25,538 SF

    HighLights

    • ±167,193 SF retail and medical office center anchored by Fresh Market and TJ Maxx in Mobile, AL.
    • ±25,000 SF of contiguous anchor space available.
    • High‑traffic location at Airport Blvd & McGregor Ave in Mobile's affluent Spring Hill neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. James C. ... Doctor Inge Frances K ... Dermatologist CLUB4 Fitness Gym Culver's American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.147452806208
    Latitude
    30.676313013224

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    FAQs

    What type of property is this?
    Medical office - Mobile, AL Retail & Medical Office Opportunity
    Where is this medical office located?
    The property is located at 3930 Airport Blvd Mobile, AL.
    What are key features of this property?
    This property features: ±167,193 SF retail and medical office center anchored by Fresh Market and TJ Maxx in Mobile, AL.; ±25,000 SF of contiguous anchor space available.; High-traffic location at Airport Blvd & McGregor Ave in Mobile's affluent Spring Hill neighborhood.
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    3930 Airport Blvd Mobile, AL 36608
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    Mobile, AL 36608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3930 Airport Blvd Mobile, AL 36608
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