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Property profile & analytics
OFF-MARKET
Neighborhood centers

306 University Blvd Mobile, AL 36609

95,512 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Piggly Wiggly University Grocery & Convenience Store Food Market
  • Flying Pig Coffee Co. Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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