Matthews Logo

Navigation Menu

5340 US-90, Mobile, AL, 36619

Chic-Fil-A
$3,253,012

Key Information

Cap Rate
4.15%
Lot Size
3 Acres
Year Built
2026
Term Remaining
± 15.5 Years
Type
Retail
NOI
$135,000

Highlights

• Brand new 2026 ground lease construction with Chick-Fil-A’s newest prototype
• 15.5 year ABS NNN ground lease featuring dual modern drive-thru lanes
• Strategically positioned within a growing Mobile-area retail corridor, providing strong regional draw
• Attractive 8% rental increases every 5 years for the entirety of the lease (base + options)
• Nearby national tenants include Walmart Supercenter, Aldi, Starbucks, Sherwin Williams, Whataburger, AutoZone, Lowes, Coca Cola beverage distributor and many more
• Extremely strong average household income of approximately $92,117 (5-mile radius)
• Five-mile population in excess of 86,213 residents, with the greater 10 mile area spanning over 269,941 residents
• Mobile is the fourth largest city in Alabama with a population of roughly 414,000 residents and is expected to continue growing over the next several years
• The subject property benefits from strong visibility and traffic exposure, with approximately ±25,000 vehicles per day (VPD) along Industrial Parkway and ±75,500 vehicles per day (VPD) on the nearby I-10 corridor

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000168807-0, 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203