10,926 SF Free-Standing 2nd Gen Restaurant

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30864612
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Contiguous Space: 10,926 SF
Gross Building Area: 10,926 SF
Gross Land Area: 520 Acres
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $18,210
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Building 203 - Downtown OWA
Last Updated: 2/2/2024

Overview / Comments

Huge 2nd Generation Restaurant Now Available in Foley, AL!

This well laid-out 10,926 square foot restaurant, formerly Paula Deen's Family Kitchen, is located on N OWA Blvd adjacent to TownePlace Suites (150 Rooms) and directly next to the OWA Theater, with a separate dedicated parking lot and access from the Downtown OWA District which leads into the entrance to the amusement and water park areas.

Space features a large dining room, exhibition kitchen area with retail space, and a thoughtfully planned kitchen with manager's office, dedicated bakery area, plumbing, coolers, freezer, and hood vents in place. Moveable FF&E will not remain.

Expand All Available Space

Suite: 203 10,926 SF $20 PSF (Annual) NNN
Space Available: 10,926 SF
Lease Rate: $20 PSF (Annual)
$18,210 (Monthly)
Lease Type: NNN
Date Available: 1/4/2024
Lease Term: 120 Months
Space Type: Relet
Operating Expenses $6.50 PSF (Annual)
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Submarket Type: Other
Taxing Authority: Baldwin County
Tax ID/APN: 05-61-02-03-0-000-009.000
Zoning: PDD
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Foley Beach Express and Hwy 59
Property Visibility: Excellent
Largest Nearby Street: Foley Beach Express
Traffic/Vehicle Count: 27,201
Highway Access: Direct Access to the Main Entrance is on the Foley Beach Express and an entrance to Hwy 59.
Airports: Foley Municipal Airport
Site Description: At the heart of this 520-acre coastal destination is Tropic Falls, featuring 23 theme-park rides and the region's biggest indoor water park plus Big Water Bay's outdoor wave pool with surf simulator, Coastal Curl. Just outside the ticketed areas is Downtown OWA; featuring pedestrian-only streets filled with dining, shopping, & entertainment choices, a 14-acre centerpiece lake offering interactive fountain shows nightly, Island Amphitheater featuring year-round outdoor concerts, and OWA Theater, the centerpiece of Downtown OWA's entertainment offerings.
Area Description: Coastal Alabama is the state's #1 tourist destination and #1 market for incoming business development. Its cities are comprised of Foley, Gulf Shores, and Orange Beach.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2017
Year Renovated: 2018
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Designated parking area with approx. 240 spaces adjacent to restaurant and OWA Theater. Additional parking area servicing Downtown OWA and Tropic Falls can accommodate over 1,700 vehicles.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: PDD - PLANNED DEVELOPMENT DISTRICT The purpose of the Planned Development District is to achieve more flexibility and orderly commercial development in a unified grouping than would be possible through the strict application of the existing business and commercial zoning districts. This district is intended to encourage innovative development that is integrated with adjacent land uses through the zoning approval process.
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 99.6 AC IRR LOT 4-B AMENDED BC FOLEY PLAT3 RESUBDIVISION OF PORTIONS OF PLAT 2 & MAGNOLIA WALK SUBDIVISIONS SLIDE 2798-E &F, SLIDE 2567-F, SLIDE 2561-D, & SLIDE 2501-E IN THE CITY O F FOLEY SEC 3-T8S-R4E (MGT FORC DEED)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,218 11,508 24,653
Median Age: 52.05 38.31 40.23
Households: 957 4,697 10,013

Contact

Photograph of Listing Agent

Angela McArthur

Stirling Properties Mobile Gulf Coast CMLS Member
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