Ground Lease on Greeno Road

Retail-Commercial for Lease
Catylist Listing ID: 30826738
Property Subtypes: Car Wash, Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Street Retail, Other
Contiguous Space: 22,500 SF
Gross Building Area: See Agent
Gross Land Area: 19,630 SF
Lease Rate: $2,500 (Monthly)
$1.33 PSF (Annual)
Lease Types: Ground Lease, Other
Building Name: Car Wash
Last Updated: 11/22/2023

Overview / Comments

Ground lease now available located on US 98/Greeno Road which is a very high traffic area. Per tax records, there is a total of 19,630 sq. ft. of land with an open parking lot with metal frame buildings previously used as coin car wash, but as you an see from the photos, plenty of space.

Great Location for coffee shop or fast food / QSR to do a ground lease. Lessor owns gas station and restaurant site next door. Not willing to sell but will do a long term ground lease and build to suit.

Attachments & Media

Expand All Available Space

Suite: 1 22,500 SF $2,500 (Monthly) Ground Lease,Other
Level/Floor: 1
Space Available: 22,500 SF
Lease Rate: $2,500 (Monthly)
$1.33 PSF (Annual)
Lease Type: Ground Lease,Other
Space Description: Ground lease available. Open space with existing old Car Wash. This property may need to be reduced in size to 75' wide x 225 deep for easement reasons.
Date Available: 12/9/2022
Lease Term: 36 Months
Space Type: New
Rent Escalators Index Lease
Rent Escalators Description 5% per year
Rent Concession none

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Fairhope
Tax ID/APN: 05-46-05-21-0-000-010.026
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Fairhope Avenue and Nichols Avenue
Property Visibility: Excellent
Largest Nearby Street: US 98
Feet of Frontage: 100
Highway Access: US 98, Highway 181, and within 20 miles to I-10
Airports: Fairhope, Foley, Gulf Shores
Site Description: Steel frame building, asphalt and concrete surface
Area Description: Fairhope Business Area
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1980
Exterior Description: Corrugated Metal Frame Buidling
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Zoning Description: B2 General Business
Lot Frontage: 100
Lot Depth: 225
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 100' X 189'(S) LOT 15-B OF A SUB OF LOT 15 GREENO PARK MB11 PG38 SEC 21-T6S-R2E LESS RD R/W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,481 15,768 32,263
Median Age: 46.87 46.16 43.2
Households: 3,428 6,971 13,110


Photograph of Listing Agent

Henry A Wise IV

Wise Living Real Estate, LLC Gulf Coast CMLS Member
Photograph of Listing Agent

Laura R. Norton

Wise Living Real Estate, LLC Gulf Coast CMLS Member
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