For Sale
$2,495,000

5301 Moffett Rd Mobile, AL 36618

Prime 60,123 SF retail center on 6.87 acres. High redevelopment potential.

Source: https://www.saltercompany.com

Overview

Added:
Feb 11
Days on market:
75
This exceptional 60,123 square foot retail center presents a unique investment opportunity in Mobile, Alabama. Strategically located near the intersection of Overlook Road and Moffett Road, with convenient access to University Boulevard, this property boasts high visibility and strong potential for redevelopment. The center comprises three buildings situated on a sizable 6.87-acre lot. Currently, the property features a Dollar Tree and a barber shop operating under a short-term lease. A significant portion of the space is vacant, offering considerable flexibility for future tenants or redevelopment projects. The property's size and location lend themselves to a variety of uses, including grocery or general retail, multifamily housing, self-storage facilities, or even light industrial applications. The seller is open to exploring partnerships and creative financing options with qualified buyers. The asking price is $2,495,000. This property is also available for lease. Serious inquiries only.

Highlights

  • Prime 60,123 SF retail center in Mobile, AL, near major roadways.
  • Sits on a 6.87-acre lot with redevelopment potential.
  • Features existing tenants including Dollar Tree and a barber shop.

Property Details for 5301 Moffett Rd

Property type
Retail properties
Square Feet
60,123 SF
Price / Square Foot
$41.50
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
60,123 SF
Lot Size (sq. ft)
299,257 SF

Location Insight

City
Mobile
County
Mobile
State
Alabama

FAQs

What type of property is this?
Retail property - Prime 60,123 SF retail center on 6.87 acres. High redevelopment potential.
Where is the retail property located?
The property is located at 5301 Moffett Rd Mobile, AL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Prime 60,123 SF retail center in Mobile, AL, near major roadways.; Sits on a 6.87-acre lot with redevelopment potential.; Features existing tenants including Dollar Tree and a barber shop.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5301 Moffett Rd
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