- For Sale $9,000,000
- Property Type Retail - Street Retail
- Property Size 10,260 SF
- Units 4
- Lot Size 1.38 Acre
- Property Tenancy Single Tenant
- Year Built 1999
- Date Updated Apr 29, 2026
Description
The property is strategically positioned at a signalized hard corner along Moffett Road (US-98), a primary retail corridor with traffic counts exceeding 22,000 vehicles per day. The site benefits from strong visibility and accessibility and is surrounded by national and regional retailers, including a newly opened Aldi and a Walgreens directly across the street, reinforcing the area’s retail synergy. Located approximately 16 miles northwest of Mobile, the property serves a growing suburban population supported by solid demographics and continued expansion within the Mobile metropolitan area, making it a compelling long-term investment opportunity.PROPERTY HIGHLIGHTS
Lee & Associates and Bang Realty are pleased to present for sale a single-tenant CVS Pharmacy located at 9151 Moffett Road in Semmes, Alabama, within the Mobile MSA. The property consists of a 10,260 square foot retail building situated on approximately 1.38 acres and is offered fee simple. Built in 1999, the asset is 100% leased to CVS Health Corporation, an investment grade tenant (S&P: BBB), operating under an absolute NNN lease structure that provides zero landlord responsibilities.
CVS Health is the largest pharmacy operator in the United States, with over 9,000 locations nationwide and a strong corporate guarantee supporting the lease. The tenant has demonstrated long-term commitment to this location, operating at the site for over two decades with a lease extending through December 2030 and multiple five-year renewal options featuring 5% rental increases. The absolute NNN lease structure ensures passive ownership, while the below-market rent provides additional security and long-term stability for investors.
***CONTACT LISTING BROKERS FOR MORE INFORMATION***
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Contacts
Ryan Bennett
Lee & Associates - North San Diego
Location
Located at 9151 Moffett Rd, Semmes, AL 36575, this property is part of the Semmes neighborhood and Mobile market.
Contact Listing Broker
Ryan Bennett
Lee & Associates - North San Diego