Downtown OWA - Retail For Lease

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30820066
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 766 - 4,290 SF
Total Available: 15,887 SF
Gross Building Area: 90,000 SF
Gross Land Area: 520 Acres
Lease Rate: $22 - 28 PSF (Annual)
Base Monthly Rent: $1,595 - 10,010
Lease Types: NNN
In Opportunity Zone? Yes
Is Quick-Service Restaurant? Yes
Building Name: Downtown OWA
Last Updated: 4/19/2024

Overview / Comments

Stirling is pleased to partner with OWA Parks & Resort on the leasing of Downtown OWA!
This pedestrian friendly retail, dining, and entertainment interior venue features 90,000 SF of southern streetscape style opportunity! Downtown OWA is anchored by OWA's 14-acre Tropic Falls amusement park with 23 attractions including an indoor water park, 14-acre centerpiece lake offering interactive fountain shows nightly, Island Amphitheater featuring year-round outdoor concerts, and Big Water Bay, a 30,000 SF tropical wave pool and surf simulator. Each space offers a distinct storefront, flexible and encouraged EXTRA branding opportunities, and excellent terms.

Expand All 6 Spaces Available

Suite: 101 A 3,509 SF $25 PSF (Annual) NNN
Suite: 101 D 1,214 SF $22 - 23 PSF (Annual) NNN
Suite: 101 E 2,300 SF $25 PSF (Annual) NNN
Suite: 107 A 3,808 SF $25 PSF (Annual) NNN
Suite: 109 A 766 SF $25 PSF (Annual) NNN
Suite: 202 A 4,290 SF $25 - 28 PSF (Annual) NNN

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Submarket Type: Central Business District
Taxing Authority: Baldwin County
Tax ID/APN: 05-61-02-03-0-000-009.000
Zoning: PDD
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Foley Beach Express and Hwy 59
Property Visibility: Excellent
Largest Nearby Street: Foley Beach Express
Feet of Frontage: 2,152
Traffic/Vehicle Count: 27,201
Highway Access: Direct Access to the Main Entrance is on the Foley Beach Express and an entrance to Hwy 59.
Airports: Foley Municipal Airport
Site Description: OWA is a 520 acre mixed use resort development which includes: ~ "The Park at OWA" 23+ signature amusement park rides, Wacky Waters Splash Pad, and Tropic Falls Water Park. ~ "Downtown OWA" - Admission free streetscape of dining, retail, and entertainment with tenants such as Starbucks, Groovy Goat, C'est Le Vin, Hershey's Ice Cream, Fairhope Soap Company, The Spice & Tea Exchange, The Arcade at OWA, Clash eSports & VR Experience, and More! ~ TownePlace Suites by Marriott Hotel ~ Foley Sports Tourism Complex consisting of a $40 million multiplex with 16 state-of-the-art outdoor fields that feature a championship field equipped with TV ready lighting, press box, and seating for up to 1,000. ~ 90,000 SF Indoor Events center * 190-lot Tropic Hideaway RV Resort featuring pickleball courts, pool, and clubhouse. * Big Water Bay - 30,000 SF Tropical Wave Pool and Surf Simulator with an outdoor entertainment stage! *Brand New Indoor Pickleball complex recently opened within Downtown OWA!
Area Description: Coastal Alabama is the state's #1 tourist destination and #1 market for incoming business development. Its cities are comprised of Foley, Gulf Shores and Orange Beach.
Tenancy: Multiple Tenants
Total Number of Buildings: 12
Number of Stories: 1
Property Condition: Excellent
Year Built: 2017
Construction/Siding: Brick
Exterior Description: Souther Streetscape styles
Parking Type: Surface
Parking Description: Free Parking
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: PDD – PLANNED DEVELOPMENT DISTRICT The purpose of the Planned Development District is to achieve more flexibility and orderly commercial development in a unified grouping than would be possible through the strict application of the existing business and commercial zoning districts. This district is intended to encourage innovative development that is integrated with adjacent land uses through the zoning approval process.
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 99.6 AC IRR LOT 4-B AMENDED BC FOLEY PLAT3 RESUBDIVISION OF PORTIONS OF PLAT 2 & MAGNOLIA WALK SUBDIVISIONS SLIDE 2798-E &F, SLIDE 2567-F, SLIDE 2561-D, & SLIDE 2501-E IN THE CITY O F FOLEY SEC 3-T8S-R4E (MGT FORC DEED)

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,218 11,508 21,623
Median Age: 52.05 38.31 40.67
Households: 957 4,697 8,921

Contact

Photograph of Listing Agent

Angela McArthur

Stirling Properties Mobile Gulf Coast CMLS Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions.