Property profile

3725 Montlimar Dr Mobile, AL 36608

OFF-MARKET
Retail properties & Spaces
385,775 SF
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Property summary

AI-generated overview

The Mobile Festival Centre, located at 3725 Airport Blvd and 840 Montlimar Dr in Mobile, Alabama (zip code 36608), presents a unique opportunity for retail businesses seeking high visibility and substantial foot traffic. This expansive retail center totals 385,775 square feet and comprises 13 individual suites, offering flexible space options ranging from a minimum of 1,278 square feet to a maximum contiguous space of 61,504 square feet. Currently, there are 213,094 square feet of vacant space available, providing ample opportunity for expansion or new tenancy. The property enjoys a prime location at the intersection of I-65 and Airport Boulevard, benefiting from exceptional visibility to over 49,000 vehicles daily. Placer.ai reports a remarkable 4,100 daily visits and an annual footfall exceeding 1.5 million, demonstrating the significant consumer traffic in this area. The Mobile Festival Centre is situated amongst established retailers including Academy Sports & Outdoors, Joann, and Guitar Center, creating a vibrant and diverse shopping environment. This property in Mobile County offers a compelling investment opportunity for businesses seeking a high-traffic location within a thriving retail corridor. The property is classified as Commercial Retail with multiple tenancy options.

Property profile

Verified
Property type Retail properties & Spaces
Total area 385,775 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3725 Montlimar Dr Mobile, AL 36608
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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