5301 Moffett Rd Mobile, AL 36618
- Retail properties
- 60,123 SF
- 6.87 lot acres
Current Use by Public Records
- Royal Walk-in Tubs Mobile🛁 / Bathroom Supply Store
- Da Nu Car Effect / Car Wash
- higi / Health Consultant
- Dollar Tree / Kitchen Supply Store / Party Store
Property Details for 5301 Moffett Rd
- Lot size
- 6.87 lot acres
- Property size
- 60,123 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.1653
- Latitude
- 30.7205
