The Wharf - 1st Floor
Retail-Commercial
for Lease
| Catylist Listing ID: |
30208052 |
| Property Subtypes: |
Street Retail
|
| Contiguous Space: |
2,844 - 16,000 SF |
| Total Available: |
25,427 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$15 - 18 PSF (Annual)
|
| Base Monthly Rent: |
$3,792 - 20,000 |
| Lease Types: |
NNN |
| Building Name: |
The Wharf |
| Last Updated: |
11/13/2020 |
Overview / Comments
|
Positioned along the south side of the Intracoastal Waterway in Orange Beach, Alabama, The Wharf is one of the most dynamic and inviting mixed-use destinations along the Gulf Coast. Just 25 miles south of Interstate 10, via the 4-laned Baldwin and Foley Beach Expressways, The Wharf continues to attract a significant portion of the estimated 6.4 million annual visitors to the acclaimed vacation destinations of Gulf Shores and Orange Beach, Alabama, and Perdido Key, Florida.* Consisting of residential condominiums, retail shopping, restaurants, professional services, a 9,600- seat amphitheater, convention space, meeting facilities, a 112' ferris wheel, a 208-slip marina, a new 132 room Springhill Suites by Marriott, and numerous special events, the appeal and success of The Wharf are increasing each year. Future plans include the development of the prominent outparcels positioned on the 222 acre site, including a new Farmer’s Market and zipline opening in this summer (2017).
|
| Level/Floor: |
D-112 / 1 |
| Space Available: |
3,135 SF |
| Lease Rate: |
$18 PSF (Annual)
$4,702 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Waterfront space, with exposure and access from Wharf Marina and Wharf Parkway. Large restrooms and improved bar are in place. Ideal space for a craft cocktail lounge. |
| Space Subcategory: |
Theme/Festival |
| Date Available: |
2/1/2019 |
| Space Type: |
Relet |
| Operating Expenses |
$5.22 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual increases |
| Space Available: |
3,448 SF |
| Lease Rate: |
$16 PSF (Annual)
$4,597 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Former barbecue restaurant. Kitchen includes all-things needed for a barbecue restaurant. Corner space with water/marine views. Outdoor seating area with turf-grass.
For inquiries, space showing, or further information, please contact Stirling Properties’ advisor Steadman Bethea at 850-467-1047 or sbethea@stirlingprop.com. |
| Date Available: |
10/3/2019 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Operating Expenses |
$5.22 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% Annual Increase |
| Level/Floor: |
1 |
| Space Available: |
2,844 SF |
| Lease Rate: |
$16 PSF (Annual)
$3,792 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Corner space, currently configured as a restaurant. Patio space along Main Street is included. Space will be available Fall 2019. |
| Space Subcategory: |
Mixed Use |
| Date Available: |
9/1/2019 |
| Space Type: |
Relet |
| Operating Expenses |
$5.22 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual increases |
| Level/Floor: |
1 |
| Space Available: |
16,000 SF |
| Lease Rate: |
$15 PSF (Annual)
$20,000 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Fully improved restaurant / nightclub space. Originally improved as Toby Keith I Love This Bar. FF&E conveys. |
| Date Available: |
5/1/2018 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Tax Expenses |
$0.45 PSF (Annual) |
| Operating Expenses |
$0.72 PSF (Annual) |
| CAM Expenses |
$3.95 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
Base Rent and CAM to increase 3% per year |
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Tax ID/APN: |
05-66-01-01-2-001-001.000 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Canal Road |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
7 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Parking Type: |
Structure, Surface |
| Sprinklers: |
Wet |
| Part of Planned Development?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,747 |
9,776 |
15,964 |
| Median Age: |
36.35 |
39 |
40.12 |
| Households: |
707 |
4,241 |
6,992 |
|
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