Property profile

3968 Airport Blvd Mobile, AL 36608

OFF-MARKET
Power centers
35,136 SF Built 2015
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Property summary

AI-generated overview

This exceptional 35,136-square-foot retail space, located at 3968 Airport Boulevard in Mobile, Alabama, presents a unique opportunity for a discerning tenant. Previously occupied by a Whole Foods Market, this single-tenant property boasts a prime location within the established Pinebrook Shopping Center. Built in 2015, the building is in excellent condition and benefits from significant recent improvements associated with the former Whole Foods Market. The property's high visibility and accessibility on Airport Boulevard ensure maximum exposure to a large customer base. The surrounding area features a diverse mix of complementary businesses, including Books-A-Million and PetSmart, along with a variety of smaller shops and restaurants, creating a vibrant and thriving retail environment. The property is situated in Mobile County, Alabama, with a zip code of 36608. This expansive space is ideal for a variety of retail uses and offers significant potential for growth and success. The property's size and location make it an attractive option for a junior box retailer or a business seeking a large, high-profile presence in the Mobile market. The building's modern design and construction provide a flexible and adaptable space for a wide range of retail concepts. This is a rare opportunity to secure a substantial retail space in a highly desirable location.

Property profile

Verified
Property type Power centers
Year built 2015
Total area 35,136 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Restaurant

Location

3968 Airport Blvd Mobile, AL 36608
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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