Transwestern’s Southeast Investment Sales Team is pleased to exclusively present Mobile Festival Centre, a 385,775 SF retail center in Mobile, Alabama. Investment Highlights: Value-Add Investment Opportunity: Stability of 6.4 YR WALT with Upside ¦ 167,334 SF upside leasing opportunity, 56.6% leased with strong existing income. ¦ 154% NOI Upside: Well-capitalized new owner can convert demand for vacancy to occupancy. Impressive Anchor Draw ¦ Academy Sports, America’s Thrift Store, Guitar Center, and Salons by JC. ¦ Shadow-anchored by the Home Depot. Reposition or Redevelop Land Play Opportunity Large and versatile 44.42-acre site, with strategic large pockets of vacancy, allows a covered land play redevelopment opportunity, and/or sell off portion of center and spike returns by lowering basis. Well-capitalized investor has ability to command immediate leasing upside once out of Receivership. Core of Destination Retail Market Location Ideally situated at a high-profile location within the center of Mobile’s established retail market validated by Costco, Walmart & Home Depot. Exceptional 6.4 Year WALT ¦ Academy Sports + Outdoors (84,464 SF) - Extended for 5 years. ¦ Accel Academy - 9.9 years remaining on Lease. Convenient Expressway Access for Trade Area ¦ High-profile I-65 / Airport Boulevard interchange provides access to an expanded trade area, drawing customers from across Mobile. ¦ West Mobile is a renowned destination location for shopping in the greater MSA. Demographics of Affluence - Expanded Trade Area ¦ 3 Mile Radius AHHI: $81,554 / 5 Miles: $76,675 ¦ 3 Mile Radius: Population 68,150 / 5 Miles: 165,720 Strong Placer.ai Metrics & Local Retail Market ¦ 1.9 million visits per year. Ranks #2 of 6 Community Centers in a 5-mile radius. ¦ West Mobile Submarket: 91% Occupancy. Covered Land Play Redevelopment Optionality Within 44.42 Acres ¦ $1.45 Million of existing durable NOI, unlock further