Ground Lease–Outparcel on Hwy 59 in Foley
Vacant Land
for Lease
| Catylist Listing ID: |
30861658 |
| Property Subtypes: |
Retail
|
| Gross Land Area: |
1.12 Acres
|
| Lease Rate: |
$90,000 (Annual)
$1.84 PSF (Annual)
|
| Base Monthly Rent: |
$7,500 |
| Lease Types: |
Ground Lease, NNN |
| In Opportunity Zone? |
Yes |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Last Updated: |
4/18/2024 |
Overview / Comments
|
Seeking a long term ground lease tenant. Lease term is negotiable. Additional depth is available if needed (additional depth will allow access to 9th Ave–see survey). Center turn lane on Hwy 59 allows easy access to property for vehicles heading north. Deceleration turn lane for vehicles heading south. Existing access curb cut. Contact agent for more information.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
City of Foley |
| Tax ID/APN: |
05-54-09-32-4-000-006.002 |
| Zoning: |
B1-A |
| Property Visibility: |
Excellent |
| Legal Description: |
197.4' X 250.4' IRR LOT 1 TOGOGO SUB SLIDE 2640 E&F RESUB OF LOT 3 BROADWAY LAWSON & LOT 1 & 2 CATE HUDSON SUB SLIDE 250 0-A SLIDE 2428-B IN THE CITY OF FOLEY SEC 32-T7S-R4E (CORR F ORC D) IN# 1286658 IN# 1704981 |
| Largest Nearby Street: |
Hwy 59 |
| Feet of Frontage: |
197 |
| Traffic/Vehicle Count: |
34,769 |
| Area Description: |
High residential growth. |
| Lot Frontage: |
197' |
| Lot Depth: |
250' |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,240 |
13,504 |
24,157 |
| Median Age: |
34.25 |
39.72 |
40.4 |
| Households: |
1,732 |
5,527 |
9,830 |
|
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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.
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