Technical
Financial
Distress signals
Property profile

3255 Airport Blvd Mobile, AL 36606

OFF-MARKET
Drive through restaurants
Property ID
US03-0733116
1,842 SF Built 2006
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional Class A retail property, South Park Pad, offers multiple spaces totaling 220,000 square feet on a 34-acre site in Fayette County. Located at the southeast quadrant of Nicholasville Road and New Circle Road, this prime location boasts unparalleled visibility and accessibility. The property benefits from its proximity to Lexington Green and Fayette Mall, the state's largest mall, ensuring high foot traffic and strong brand recognition. Currently, the center houses a flagship Academy Sports location and the soon-to-open first Main Event location in Lexington, establishing it as a premier retail destination. Available spaces range from 7,000 to 43,560 square feet, catering to a variety of retail tenants. The property underwent renovations in 2022, ensuring modern and updated facilities. Suitable for a range of uses including junior box, big box, outlot, restaurant, bank, automotive, office, medical, or daycare, this property presents a unique opportunity for businesses seeking a high-profile location within a thriving retail environment. The property's multiple tenancy allows for diverse business synergy and a vibrant shopping experience. This is an exceptional opportunity to establish or expand your business in a high-demand area of Lexington.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2006
Total area 1,842 SF
APN 29 09 30 2 000 015.001
UPID US03-0733116

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
  • Insurance Agency
  • Furniture & Home Goods
  • Bakery Specialty Food Shop
  • Cafe & Coffee Shop
  • Computer & Electronic Repair Tech Support Center

Location

3255 Airport Blvd Mobile, AL 36606-3201
Mobile metro Census 2900 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

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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