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Brand new retail center for lease in north Gulf Shores. - Gulf Shores, AL

Property Information

Property Type: commercial Terms Type: Lease
Address: 3947 Hwy 59
City: Gulf Shores State: AL Postal Code: 36542
Square Feet: 0 Acres: 0 Age: 1
Baths: 0 Kitchen: 1
Heat: NA Cooling: NA
Price: $1,915.00

Description: Magnolia Plaza provides great visibility with 468\' of frontage along Hwy 59 in Gulf Shores and located just north of Target, Books-A-Million and Bed, Bath & Beyond. This area is surrounded by residential development and is a prime spot for a retailer. Rental rate is $18/psf, plus $3.50/psf for CAM. 1,410 - 6,195 contiguous square feet available. Current tenants will start opening up to the public in March & April, 2008. Call for more details.

Key Points:

  • - 35,000++ vehicles per day
  • - Magnolia Plaza is situated on the south bound lane of the main highway, as well, surrounded by residential development
  • - Baldwin County is the 2nd fastest growing county in Alabama
  • - Baldwin County is ranked in the 100 fastest growing counties in the U.S.
  • - 3.94% projected annual compounded growth rate (2006 - 2011)
  • - 4.4 million annual visitors ? 2006, $1.96 billion travel-related expenditures
  • - 2006 Taxable retail sales of $638,317,406, up 18.4% (Gulf Shores, Orange Beach and Fort Morgan cities combined)

Source: Anna Lisa Nist

Contact Information

First Name:Anna Lisa
Last Name:Nist
E-Mail:info@annalisanist.com
Telephone: 251-967-1682
Cell Phone:
Fax:

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