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4721 Airport Blvd
Mobile, AL 36608
See-Wee-Roll · Retail Property For Sale
Investment Highlights
- High Quality, Stable Investment Property
- Superior Market Fundamentals
- High Traffic Area
Executive Summary
Stirling Properties, as the exclusive advisor, is pleased to present 4721 Airport Blvd., a 4,847 SF freestanding building, single-tenant net-leased restaurant on a 1.14+/- acre lot in Mobile, Al.
These offering features 4 years remaining term, leased to regional restaurateur, who owns 4 store locations. This investment places majority of financial responsibilities—including property taxes, insurance, repairs, and maintenance—on the tenant.
Built in 2000 and renovated in 2019, the property features a large parking area and multiple access points, ensuring smooth traffic flow. It also benefits from full ingress and egress to adjacent lots, enhancing convenience and connectivity.
Strategically located just off a high-traffic intersection with a combined AADT of 84,453 vehicles, the site enjoys outstanding visibility and accessibility. Positioned in a thriving retail and employment corridor, it is minutes in both E and W directions from national and regional retailers, super-regional malls with over 100 stores, and within a one-mile radius of grocery anchored retail, QSR's, Medical and USA college with 14,000 students.
This prime asset offers a high-quality, stable investment in a high-growth market with strong tenant performance and superior market fundamentals.
These offering features 4 years remaining term, leased to regional restaurateur, who owns 4 store locations. This investment places majority of financial responsibilities—including property taxes, insurance, repairs, and maintenance—on the tenant.
Built in 2000 and renovated in 2019, the property features a large parking area and multiple access points, ensuring smooth traffic flow. It also benefits from full ingress and egress to adjacent lots, enhancing convenience and connectivity.
Strategically located just off a high-traffic intersection with a combined AADT of 84,453 vehicles, the site enjoys outstanding visibility and accessibility. Positioned in a thriving retail and employment corridor, it is minutes in both E and W directions from national and regional retailers, super-regional malls with over 100 stores, and within a one-mile radius of grocery anchored retail, QSR's, Medical and USA college with 14,000 students.
This prime asset offers a high-quality, stable investment in a high-growth market with strong tenant performance and superior market fundamentals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,847 SF
Building Class
B
Year Built/Renovated
2000/2019
Price
$2,326,110 CAD
Price Per SF
$479.91 CAD
Cap Rate
6%
NOI
$139,567 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.14 AC
Zoning
B3
Parking
83 Spaces (17.12 Spaces per 1,000 SF Leased)
Frontage
241’ on Airport Blvd
Amenities
- Bus Line
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 28-08-28-1-001-002 | Improvements Assessment | $141,923 CAD |
| Land Assessment | $117,505 CAD | Total Assessment | $259,428 CAD |
Property Taxes
Parcel Number
28-08-28-1-001-002
Land Assessment
$117,505 CAD
Improvements Assessment
$141,923 CAD
Total Assessment
$259,428 CAD
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