NEW RETAIL - DOWNTOWN FAIRHOPE
Retail-Commercial
for Lease
| Catylist Listing ID: |
30830907 |
| Property Subtypes: |
Mixed Use, Street Retail, Other
|
| Building Status: |
Proposed |
| Contiguous Space: |
1,940 SF |
| Building Size (RSF): |
1,940 SF |
| Lease Rate: |
$40 PSF (Annual)
|
| Base Monthly Rent: |
$6,466 |
| Lease Types: |
NNN |
| Ceiling: |
11.5 ft. |
| Building Name: |
412 Fairhope Avenue |
| Usable Size (USF): |
1,940 SF |
| Last Updated: |
9/12/2023 |
Overview / Comments
|
Great opportunity to secure retail space in the heart of Downtown Fairhope. Located at 412 Fairhope Avenue, the new building will consist of ground floor retail, with two residential units on the upper two floors. Construction is underway, with completion anticipated early 2024. The available space will consist of approximately 1,940 square feet, with 23' of frontage on Fairhope Avenue. Ceiling height is approximately 11'-6". The space will have a spacious showroom, and separate area for storage/office. One (1) ADA restroom will exist. Contact Stirling for additional information.
|
| Space Available: |
1,940 SF |
| Lease Rate: |
$40 PSF (Annual)
$6,466 (Monthly)
|
| Lease Type: |
NNN |
| Space Subcategory: |
Fashion/Specialty |
| Date Available: |
10/1/2023 |
| Lease Term: |
60 Months |
| Space Type: |
New |
| Rent Escalators Description |
3% annual increases. NNN expenses TBD |
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Fairhope Single Tax |
| Tax ID/APN: |
05-46-03-37-0-801-001.505 |
| Zoning: |
B-2 |
| Retail Clientele: |
General, Family, Tourist |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Fairhope Avenue |
| Feet of Frontage: |
23 |
| Area Description: |
High-end retail, boutiques, restaurants, coffee shops are prevalent in the quaint town that attracts a high-level of tourists |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Property Condition: |
Excellent |
| Year Built: |
2023 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Description: |
Street parking only |
| Sprinklers: |
Wet |
| Air Conditioning: |
Engineered System |
| Interior Description: |
Vanilla Box condition, included walls prepped for paint, ADA restroom, building standard lighting and electrical, sprinkler, storage room, concrete slab for flooring by tenant, and storefront glass and entrance |
| Zoning Description: |
B-2 / City of Fairhope (general commercial / retail use) |
| Lot Frontage: |
23 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,575 |
13,274 |
31,182 |
| Median Age: |
51.69 |
46.47 |
43.16 |
| Households: |
2,707 |
5,981 |
12,679 |
|
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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.
|
