PORTICO - Building B

Retail-Commercial for Lease
Catylist Listing ID: 30327188
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Building Status: Proposed
Contiguous Space: 1,566 - 5,368 SF
Total Available: 10,684 SF
Gross Building Area: 10,684 SF
Gross Land Area: 3.50 Acres
Lease Rate: $27 PSF (Annual)
Base Monthly Rent: $3,523 - 12,078
Lease Types: NNN
Ceiling: 12 ft.
Building Name: PORTICO - Building B
Usable Size (USF): 10,684 SF
Last Updated: 7/16/2019

Overview / Comments

PORTICO is an exciting new mixed-use development to be prominently positioned on over 500’ of frontage along Fairhope Avenue - the gateway to downtown Fairhope, Alabama. Within walking distance of great restaurants, boutiques, parks and services, PORTICO will ultimately consist prime commercial space and luxury residential condominiums. The architectural design and features of PORTICO will set a new standard of quality for the growing market, appealing to discriminating business owners and residents alike.
Building A, a 12,000 sf commercial building, is under construction - with delivery anticipated in early 2019.
Building B is proposed as Phase II of the PORTICO development and will consist of approximately 10,684 square feet of commercial space available for lease on the 1st floor of the 3 level structure. The commercial spaces will have prime exposure along Fairhope Avenue, with street and surface parking available. Suitable uses include retail shops, fitness services, salons, quaint restaurant and bar concepts, etc. The upper 2 floors will consist of 10 residential condominiums; now taking reservations / Need Not Be Built

Expand All 6 Spaces Available

Suite: B-101 2,055 SF $27 PSF (Annual) NNN
Suite: B-102 1,566 SF $27 PSF (Annual) NNN
Suite: B-103 1,747 SF $27 PSF (Annual) NNN
Suite: B-104 1,695 SF $27 PSF (Annual) NNN
Suite: B-105 1,566 SF $27 PSF (Annual) NNN
Suite: B-106 2,055 SF $27 PSF (Annual) NNN

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County, AL / Fairhope
Tax ID/APN: 05-46-03-37-0-007-076.517
Retail Clientele: General, Business, Tourist
Property Located Between: Fairhope Post Office
Property Visibility: Excellent
Largest Nearby Street: Fairhope Avenue
Highway Access: PORTICO is located approximately 7/10 mile from U.S. Highway 98
Airports: Fairhope Municipal Airport is located 5 miles from the site
Site Description: 3.5 acres, fronting Fairhope Ave
Area Description: Fairhope, AL is a trendy coastal town, positioned on the eastern shore of Mobile Bay. The bustling downtown area is home to numerous restaurants, boutiques, parks, schools, and services - all supported by both tourists and permanent residents.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 10,684 SF
Year Built: 2019
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 3 story building, incorporating painted brick exterior and prominent finishes enhancing store front facades for commercial tenants.
Parking Type: Surface
Parking Description: Parking will be located along Fairhope Avenue, as well as surface lots within the development. Parking to be shared with residential condos.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Commercial spaces to be delivered in a shell condition.
Zoning Description: Mixed-use
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,127 13,274 31,182
Median Age: 51.27 46.47 43.16
Households: 2,039 5,981 12,679


Photograph of Listing Agent

Jeff Barnes

Stirling Properties Mobile Mobile, AL
Gulf Coast CMLS Member
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