3200 Springdale Plz | Mobile, AL 36606
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- LoopNet Team
3200 Springdale Plz
Mobile, AL 36606
Morrison's Cafeteria · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant achieved sales exceeding $4.5 million in 2023 and sales have increased 8.6% since 2020.
- Corporate lease: Morrison’s was acquired by Piccadilly in 1998 which is a subsidiary of Falcon Holdings Management.
- Morrison’s boasts a 4.1-star rating from 1,424 Google reviews in a thriving dining corridor due to its main-and-main location.
- Outparcel to Springdale, which is anchored by the 2nd most visited Sam’s Club out of 13 stores in the State.
- Springdale shopping center ranks in the top 4% nationally and top 3% in Alabama for customers to shopping centers: attracting 6.8 million visitors
- Heavy cross-shopping is generated with Springdale’s national tenants including Crunch Fitness, Conn’s HomePlus, Ulta Beauty, Marshalls, Sam’s Club
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,963 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.09 AC
Zoning
B-3 - 580 - Restaurant
Frontage
120’ on Airport Blvd
AMENITIES
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $436,140 | |
| Land Assessment | $305,280 | Total Assessment | $741,420 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$305,280
Improvements Assessment
$436,140
Total Assessment
$741,420
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