5301 Moffett Rd Mobile, AL 36618

This exceptional retail investment opportunity presents a 60,123 square foot shopping center strategically located in Mobile, Alabama, at 5301 Moffett Rd, 36618. The property, encompassing 6.87 acres of land (APN R022802034000118), comprises three buildings offering a diverse range of retail spaces. Currently featuring a Dollar Tree, the center boasts significant potential for redevelopment and expansion. A recently vacated Walgreens suite presents a prime opportunity for a new tenant or owner-user. The net rentable area totals 48,460 square feet, providing ample space for various retail uses. The property is offered at an asking price of $2,495,000 and is available for sale as an owner-user or investment property under a triple net lease (NNN) agreement. The seller is open to build-to-suit options for prospective tenants, catering to both in-line and freestanding retail needs. Its convenient location off Overlook Road and Moffett Road, near University Boulevard, ensures high visibility and accessibility. This property offers limitless redevelopment potential for a savvy investor seeking a strong return on investment in a thriving retail market.