Property summary
This exceptional 3,652 square foot retail property, formerly a Zaxby's, is available for $1,750,000. Located at 6551 Airport Blvd in Mobile, Alabama (zip code 36608), this single-story building sits on a 1.09-acre lot and boasts a prime location as a Walmart outparcel. Built in 2015, the property benefits from high visibility due to its position on a signalized intersection of a major thoroughfare, Airport Blvd, experiencing over 60,000 vehicles per day. The property is vacant and offers an absolute NNN lease type. The land value is $479.19 per square foot. The strong demographics of the area include over 165,100 residents within a 5-mile radius, with an average household income of $74,000. The location benefits from a robust local workforce, including major employers such as USA Health Providence Hospital (7,200+ employees), Austal USA (4,000+ employees), and the Port of Mobile. The proximity to the University of South Alabama (20,000 students and 5,000+ staff) further enhances the property's appeal. This presents a unique opportunity for a quick-service restaurant or similar business to capitalize on this established and high-traffic location. The property is offered as a short-term sale leaseback.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Mobile market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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