Technical
Financial
Distress signals
Property profile

306 University Blvd Mobile, AL 36609

OFF-MARKET
Neighborhood centers
95,512 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Regency Square Shopping Center presents a prime retail investment opportunity in Mobile, Alabama. This multi-tenant strip center boasts a total of 95,512 square feet, with 15,000 square feet currently available for lease. The property is strategically located at the signalized intersection of Airport Boulevard and University Boulevard, offering exceptional visibility and accessibility. Its prime location places it in close proximity to the University of South Alabama, ensuring a consistent flow of students and young professionals. The surrounding area is densely populated with affluent residents, creating a strong customer base for potential tenants. The center is also conveniently situated between Mobile's two major retail hubs, providing easy access to a wider market. The property sits on a substantial 366,000 square foot lot and is zoned B-3, allowing for a variety of retail uses. The existing tenant mix includes a diverse range of both local and national retailers and restaurants, creating a vibrant and attractive shopping environment. This is an exceptional opportunity to acquire a well-positioned retail space in a thriving Mobile market. The property's APN is 2808272002002.06. Don't miss this chance to secure a prominent location in a high-traffic area with significant growth potential.

Property profile

Verified
Property type Neighborhood centers
Total area 95,512 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
  • Grocery & Convenience Store Food Market
  • Cafe & Coffee Shop

Location

306 University Blvd Mobile, AL 36609
Mobile metro
Google Maps

Value estimations

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 306 University Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message