Retail Business for Sale in Mobile, AL

  • Price: $370K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mobile, AL 36612

Description

Absolute Net Leased Dominos CBRE is pleased to offer for sale this single tenant Dominos located on the outskirts of Mobile, AL. The lease is absolute net and will commence at close of escrow. This property has been operating as a Dominos for more than 32 years. The lease allows for three, 5-year options to extend. The property is well served by its visibility from highway 45 traveling directly to Mobile, AL just 6 miles southeast. Its equipped with multiple points of ingress/egress just 2 blocks off the Interstate 65 on/off ramps. The property has a drive thru and is well located within a dense residential area reporting more than 37,000 households within a five mile radius.

Market Context

This retail in Mobile, AL is listed for sale at $369,500. It has been on the market for 164 days. Compare it against other retail listings for sale in Mobile, AL — <a href="/search/sale/retail/alabama/mobile">view the full market</a>.

As of Q4 2023, the Mobile retail market showed average asking rents near $7.00/SF/yr, and rents up 8.0% year over year. Source: Cushman & Wakefield Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Unified Estimate

Very Low Confidence

$127.97/SF – $173.13/SF

Mid: $150.55/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market indianapolis (similarity: 100%) with 6 comparable listings.

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