3917 Airport Blvd Mobile, AL 36608
High-performing Carrabba's, strong lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Absolute NNN lease with Carrabba's Italian Grill; approximately 7.4 years remaining, four 5-year options, corporate guarantee from Bloomin' Brands.
- Annual rent escalations: Lesser of 1.30 times CPI increase or 10%.
- High-performing location with established tenant; 24% sales growth since 2019.
Property Details for 3917 Airport Blvd
- Property type
- Retail properties, Restaurants
- Square Feet
- 6,926 SF
- Year Built
- 2002
Location Insight
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Latitude
- 30.675823062274
- Longitude
- -88.14540888287
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-performing Carrabba's, strong lease.
- Where is the retail property located?
- The property is located at 3917 Airport Blvd Mobile, AL.
- What is the asking price?
- The asking price for this property is $3,628,260.
- What are key features of this property?
- This property features: Absolute NNN lease with Carrabba's Italian Grill; approximately 7.4 years remaining, four 5-year options, corporate guarantee from Bloomin' Brands.; Annual rent escalations: Lesser of 1.30 times CPI increase or 10%.; High-performing location with established tenant; 24% sales growth since 2019.
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