100 Fairhope Ecor Rouge Place Shopping Center, Fairhope, AL
Anchor space available in Rouge Place Shopping Center.
- Added:
- Nov 24, 2025
- Days on Market:
- 226
- Last Refresh:
- May 19 at 8:51 pm
Property Features for 100 Fairhope Ecor Rouge Place Shopping Center
General Information
- Standard status
- Active
- Size
- 45,342 SF
- Lot size
- 5.76 Acres
- Property subtype
- RETAIL
Listing office Herrington Realty, Inc (251) 490-6995
Listing date Nov 24, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Herrington Realty, Inc
HighLights
- Large +-45,000 sq ft interior anchor space available.
- Located in Rouge Place Shopping Center near Fairhope Ave and Highway 98.
- Space will be delivered as an open floor warm shell.
- Located near Thomas Hospital, a premier medical facility.
- Owner willing to sub‑divide space based on tenant needs.
- Located 2 miles north of Fairhope High School.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $761.7k | $16.80 |
| − Vacancy | −$64.7k | −$1.43 |
| EGI | $697.0k | $15.37 |
| − OpEx | −$209.1k | −$4.61 |
| NOI | $487.9k | $10.76 |
Alternative Uses
Current Use by Public Records
Map
- City
- Fairhope
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.9033
- Latitude
- 30.523
