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    Theodore, AL
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    Theodore, AL NNN Properties for Sale

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    Talladega, AL Eight Mile, AL Slidell, LA Chickasaw, AL Spanish Fort, AL Semmes, AL Saraland, AL Wilmer, AL
    9 properties
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    Red Lobster NNN Investment Opportunity
    Updated: Sep 12, 2023
    Red Lobster NNN Investment Opportunity

    3941 Airport Blvd, Mobile, AL

    $2,401,568
    8,226 sqft 1.64 AC lot
    Long‑term absolute triple‑net (NNN) lease offers a hands‑off investment.
    Approximately 15 years remaining on the lease providing stable income.
    Attractive 2% annual rental increases boost your return.
    Red Lobster corporate guarantee (700+ restaurants) ensures financial security.
    Four (4), Five (5)-Year Tenant Renewal Options for continued income.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3941 Airport Blvd, Mobile, AL

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $124K
      Annual

    • Price @ 7% Cap

      $1.78M
      Suggested

    • Last Sold

      Aug 2014
      $2.35M

    • Property Type

      Restaurant
      Built 1972
    View Property Analytics
    Single-Tenant NNN Restaurant
    Updated: Jun 8
    Single-Tenant NNN Restaurant

    3225 Saint Stephens Rd, Mobile, AL 36612

    $1,200,000
    2,476 sqft
    2015‑built single‑tenant retail property
    20‑year absolute NNN lease commenced December 2015
    7.5% rent escalations every five years
    Single‑tenant leased to a national brand (Walmart, Dollar General, CVS, Aaron's, O'Reilly Auto Parts nearby)
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    Carrabba's Italian Grill For Sale
    Carrabba's Italian Grill For Sale

    3917 Airport Blvd, Mobile, AL 36608

    $3,756,400
    6,926 sqft 1.22 AC lot

    NNN leased Carrabba's with corporate guaranty and long operating history.

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    Freestanding NNN Sonic Restaurant
    Freestanding NNN Sonic Restaurant

    1461 Spring Hill Ave, Mobile, AL

    $1,150,000
    1,422 sqft 0.58 AC lot

    Single-tenant QSR property with long-term lease and passive income.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Topgolf Investment Property For Sale
    Topgolf Investment Property For Sale

    1250 Satchel Paige Drive, Mobile, AL 36606

    $32,172,000

    NNN leased fee Topgolf investment property in Mobile, Alabama.

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    Freestanding Single-Tenant NNN Retail
    Freestanding Single-Tenant NNN Retail

    3250 Fowl River Rd, Theodore, AL 36582

    Contact for pricing
    61,084 sqft

    Six newly constructed 2017 Dollar General Plus retail buildings are offered on an absolute triple-net basis.

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    Freestanding Fortis College Investment Property
    Freestanding Fortis College Investment Property

    7033 Airport Blvd, Mobile, AL 36608

    $7,021,000
    36,049 sqft

    NNN leased Fortis College with rental increases in Mobile, Alabama.

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    Mobile, AL Medical Office Building
    Mobile, AL Medical Office Building

    2451 D'Iberville Dr N, Mobile, AL

    $3,259,267
    3,726 sqft 0.54 AC lot

    New construction medical office with long-term lease and minimal landlord responsibilities.

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    Downtown Mobile Office Building
    Downtown Mobile Office Building

    500 St Michael St, Mobile, AL 36602

    Contact for pricing
    8,500 sqft

    Stand-alone office building with national credit tenant in downtown Mobile.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Theodore, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corporate McDonald's with Double Drive-Thru
    Corporate McDonald's with Double Drive-Thru

    1040 Industrial Pkwy, Saraland, AL 36571

    $2,420,000
    4,584 sqft 1.38 AC lot

    Brand-new corporate McDonald's available for sale under a 20-year absolute NNN ground lease secured by McDonald's USA, LLC.

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    Freestanding Pharmacy with Drive-Thru
    Freestanding Pharmacy with Drive-Thru

    12 SHELTON BEACH RD, Saraland, AL 36571

    $3,850,000
    14,828 sqft 2.02 AC lot

    Freestanding Walgreens pharmacy with drive-thru on an absolute NNN lease structure.

    View details
    Walgreens in Grand Bay, AL
    Walgreens in Grand Bay, AL

    12550 US-90, Grand Bay, AL 36541

    $3,454,317
    14,403 sqft 1.63 AC lot

    14,403 SF Walgreens on 1.63 acres for sale.

    View details
    Dollar General Store in Grand Bay
    Dollar General Store in Grand Bay

    10090 Highway 188, Grand Bay, AL

    $1,392,328
    9,002 sqft 1.29 AC lot

    9,002 SF Dollar General with Absolute NNN Lease.

    View details

    Theodore, AL Nnn Properties Market Trends and Statistics

    Explore 9 nnn properties for sale in Theodore, AL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 58,825 square feet of properties for sale, with an estimated market value of $18,788,235.

    Sale prices for triple net lease properties in Theodore, AL start at $1,150,000, averaging $3,131,372, and reaching up to $7,021,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 24K
    Population Growth (5Y) -3.3%
    Median Household Income $61,498
    College Educated 13.6%

    High-Yield Neighborhoods for Investment

    Identify Theodore submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36582 $8.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mobile County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Mobile County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Theodore fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Theodore, AL

    • 36608
    • 36582
    • 36602
    • 36606
    • 36612

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