3250 Airport Blvd | Mobile, AL 36606
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- LoopNet Team
3250 Airport Blvd
Mobile, AL 36606
Logan's Roadhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Current rent ($13.41 PSF) is significantly below market rents which exceed $30.00 PSF. Only one tenant renewal option remains.
- Corporate lease: Logan’s Roadhouse was acquired by SPB Hospitality in June 2020. SPB owns 14 restaurant brands in 38 states—totaling 555 units.
- Logan’s Roadhouse ranks in the top 22% of Top 500 Highest Grossing Restaurants. Logan’s average sales per store are $3.23 million.
- 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
- Parent company of Logan’s: SPB Hospitality’s income grew 34% in 2023 over 2022. SPB is a $1.5 billion company.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,200 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.77 AC
Zoning
B-3 - Community Business
Frontage
65’ on Airport Blvd
AMENITIES
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | 28-06-24-4-000-009.004 | Improvements Assessment | $213,620 |
| Land Assessment | $103,020 | Total Assessment | $316,640 |
PROPERTY TAXES
Parcel Number
28-06-24-4-000-009.004
Land Assessment
$103,020
Improvements Assessment
$213,620
Total Assessment
$316,640
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