Commercial Unit with 3 Income Producing Spaces in Orange Beach

Retail-Commercial for Lease
Catylist Listing ID: 30208469
Property Subtypes: Mixed Use
Contiguous Space: 100 - 200 SF
Total Available: 100 SF
Building Size (RSF): 4,350 SF
Lease Rate: $300 (Monthly)
$36 PSF (Annual)
Lease Types: Other
Building Name: Canal Plaza
Usable Size (USF): 4,350 SF
Last Updated: 2/7/2018

Overview / Comments

OWNER FINANCING AVAILABLE! Gain maximum exposure from this high visibility commercial complex situated directly on Canal Road. This is one unit, #A2, with three separate, leasable spaces within the unit. Downstairs has a nail salon in the front with store front windows and behind this unit is a warehouse type space with bay doors. Upstairs has 8 leasable offices and two restrooms. Downstairs currently brings in approximately $2350/month and upstairs the units lease $330/room with a projection of approximately $5,000/month in income for entire unit (A-2). Again, in this one unit you have three spaces that each have three separate entrances. There is a monthly association fee of $375 which includes insurance coverage for the building, maintenance, landscaping, water and sewer.

Expand All Available Space

Suite: 2,3,5,6 100 SF $300 (Monthly) Other
Level/Floor: Second
Space Available: 100 SF
Max Contiguous: 200 SF
Lease Rate: $300 (Monthly)
$36 PSF (Annual)
Lease Type: Other
Space Description: High visibility on Canal Road in Orange Beach–4 Units available upstairs for lease. Individual professional office spaces for lease all different sizes. Common lobby and restroom, all utilities included. Tenant responsible for phone and internet.
Space Subcategory: Office Building
Date Available: 2/7/2018
Lease Term: 36 Months
Space Type: New
Offices 1
Rent Escalators Fixed Lease

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 240855
Retail Clientele: General, Business, Tourist, Other
Property Located Between: HWY 161 and Foley Beach Express
Property Visibility: Excellent
Largest Nearby Street: Orange Beach
Highway Access: Canal Road frontage, close proximity to Foley Beach Express and the Toll Bridge.
Airports: PNS
Site Description: Strip Center
Area Description: Resort, Retail, Shopping, Restaurants
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,000 SF
Property Condition: Good
Year Built: 2001
Year Renovated: 2002
Construction/Siding: Steel Frame, Stucco
Exterior Description: Stucco Storefront with Glass across front and Bay door in Rear
Total Parking Spaces: 3
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Other
Internet Access: DSL
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Legal Description: UNIT A-2 CANAL PLAZA PHASE II CITY OF ORANGE BEACH BEACH SEC 5-T9S-R5E (WD)

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,349 15,064
Median Age: 38.61 42.98
Households: 2,221 6,632

Contact

Photograph of Listing Agent

Tommy Stanton

EXIT Realty Gulf Shores Gulf Coast CMLS Member
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