Catylist ID:
#30869744
| Catylist Listing ID: | 30869744 |
| Property Subtypes: | Free-Standing Building, Restaurant, Street Retail, Other |
| Contiguous Space: | 766 SF |
| Building Size (RSF): | 766 SF |
| Gross Building Area: | 90,000 SF |
| Gross Land Area: | 520 Acres |
| Lease Rate: |
$25 PSF (Annual) |
| Base Monthly Rent: | $1,595 |
| Lease Types: | NNN |
| In Opportunity Zone? | Yes |
| Building Name: | Downtown OWA |
| Usable Size (USF): | 766 SF |
| Last Updated: | 4/19/2024 |
Overview / Comments
|
Nicely situated retail, bakery, or restaurant space! Versatile layout means this suite could easily be transitioned from its most recent use as a bakery, to a small counter-service restaurant with outdoor seating or a great small retail shop. Conveniently located centrally within Downtown OWA, with easy access from all entrances to the Downtown Entertainment District. Branding opportunities abound with this unit which features prominent visibility from all angles. Restaurant tenants will be advertised as one of OWA's catering options to all event rentals at The Bohemian event space. 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. |
Attachments & Media
Expand All Available Space
| Suite: 109 A | 766 SF | $25 PSF (Annual) NNN |
| Space Available: | 766 SF | |
| Lease Rate: |
$25 PSF (Annual) $1,595 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | Second generation space features an interior walk-up ordering counter area with its own entrance from the well-traversed streets of Downtown OWA. Separate entrance for employees leads into what was formerly used as a prep and bakery area, but what could easily be converted for retail storage use. Free-standing building on the edge of the 14-acre centerpiece lake, and conveniently located for easy access from both of the main entrances to Downtown OWA. | |
| Space Subcategory: | Free-Standing Store | |
| Date Available: | 3/1/2023 | |
| Space Type: | Relet | |
| Offices | 1 | |
| Operating Expenses | $6 PSF (Annual) | |
| CAM Expenses | $1.50 PSF (Annual) | |
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, Convention, Other |
| Property Located Between: | Foley Beach Express and Hwy 59 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Foley Beach Express |
| 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: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 2017 |
| Construction/Siding: | Brick |
| Exterior Description: | Southern 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) |
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 |
| © 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. |
