Westgate Plaza Suites Available

Retail-Commercial for Lease
Catylist Listing ID: 30499155
Property Subtypes: Mixed Use, Other
Contiguous Space: 1,100 - 25,000 SF
Total Available: 63,444 SF
Gross Building Area: See Agent
Lease Rate: $2 - 15 PSF (Annual)
Base Monthly Rent: $1,013 - 10,416
Lease Types: Gross Lease
In Opportunity Zone? Yes
Building Name: Westgate Plaza
Last Updated: 9/12/2019

Overview / Comments

90,000 sf +/- redevelopment opportunity This is a perfect opportunity for any investor looking to redevelop a center in South Alabama. GREAT BUY AT $35 PSF!! County Seat market where NaviRetail has done a study for the city of Andalusia AL stating that the Demographics for the market is 145,869 K People at this site. What a great market for your new investor! I will be glad to send you a copy of the Retail Market Study done by NaviRetail the national market group that find such things out like Demographics/s Etc. Two Spaces available a Box of 20K SF formerly Sporting Lifestyles an Owners Occupied Space and the Former Goody’s that just Vacated in Dec 2018. Both are Available Immediately. This location is on the beach route through Andalusia, AL with a traffic count of just over 13K CPD, and in the summertime it is constant traffic towards the beach. Perfect opportunity for any investor looking for a stable property that will maintain its viability throughout the years. With current situation and the occupancy where it is it is perfect for anyone that wants to invest a small amount and remodel the current center and can bring new tenants to the market, that will be there for years to come. Price has been adjusted for work needing to be done to the center, and new roofs that need to be installed. Have pricing on file and be glad to share. We have currently started aggressively marketing the property for lease, so hurry and look at a purchase Agent has current rent roll for qualified buyers.

Expand All 8 Spaces Available

Suite: 1A 1,100 SF $15 PSF (Annual)
Suite: 1B 1,100 SF $15 PSF (Annual) Gross Lease
Suite: 2B 1,334 SF $14 PSF (Annual) Gross Lease
Suite: 4 20,000 SF $5 PSF (Annual) Gross Lease
Suite: 5 2,832 SF $12 PSF (Annual) Gross Lease
Suite: 7B 6,000 SF $12 PSF (Annual) Gross Lease
Suite: 8 25,000 SF $5 PSF (Annual) Gross Lease
Suite: 9A 6,078 SF $2 PSF (Annual) Gross Lease

Additional Details

Nearest MSA: Dothan
County: Covington

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,768 8,016 12,004
Median Age: 38.42 39.15 40.29
Households: 730 3,258 4,887

Contact

Photograph of Listing Agent

Stephen Saunders

Beck Partners CRE, LLC Gulf Coast CMLS Member
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