Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    557 - 559 Fairhope Ave Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Lease
    $39 SF/Yr ($4,023 /Mo)

    Prime Fairhope retail space, 1238 sq ft, NNN lease.

    Lot size:
    1,238 SF

    Description

    Added:
    Mar 2, 2025
    Days on Market:
    288
    This exceptional 1,238 square foot retail space is located in the final phase of the Portico development at 557 Fairhope Ave, Fairhope, AL 36532. Situated on the first floor, Suite 111 offers a turnkey solution with existing improvements including one restroom. The unit boasts convenient access from both the front sidewalk and a side entrance to the building, providing excellent visibility and accessibility for customers. A significant advantage is the potential for expansion; additional space of up to 5,532 square feet is available should your business require it. The lease is a NNN (Net, Net, Net) agreement with a minimum term of 5 years. The annual rent is $39 per square foot. This location presents a fantastic opportunity for businesses seeking a well-appointed space in a thriving Fairhope commercial development. The property is in Baldwin County and offers easy access to local amenities and a strong customer base. This is a rare opportunity to secure a prime retail space in a desirable location. Inquire today to learn more about this exceptional offering.

    Property Features for 557 - 559 Fairhope Ave

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,238 SF
    USF (Usable sq. ft)
    1,238 SF
    Elevators
    N/A
    Total Rate
    4023.5
    Lease Term
    5+ Years

    Building Details

    Buildings
    2
    Stories
    2

    HighLights

    • 1,238 sq ft retail space available in Fairhope, AL's Portico development.
    • Lease includes turn‑key improvements and a convenient dual‑access location.
    • NNN lease for 5+ years at $39/sq ft yearly; potential for expansion up to 5,532 sq ft.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    State
    Alabama
    Longitude
    -87.904155
    Latitude
    30.536454

    Nearby Similar for Lease

    • $12 SF/Yr
      3,200 SF

      Fairhope Commercial Space with Apartment

      Versatile commercial property with income-producing apartment on US Hwy 98.
      10090 Us-98, Fairhope, AL
      View Details
    • $28 SF/Yr
      27,930 SF

      Retail Space in Eastern Shore

      Prime retail opportunity in Fairhope's Eastern Shore Village Shopping Center.
      100-350 Eastern Shore Shopping Ctr, Fairhope, AL 36532
      View Details
    • $8,900 /Mo
      3,080 SF

      Downtown Fairhope Restaurant Space

      Prime restaurant space in the heart of downtown Fairhope.
      61 N Section St, Fairhope, AL 36532
      View Details
    • $25 SF/Yr
      2,500 SF

      Prime Office Space Available

      2,500 sq ft of flexible office space for lease.
      23210 Us-98, Fairhope, AL
      View Details
    • $17 SF/Yr
      1,800 SF

      Fairhope Office/Warehouse Space Available

      Office/warehouse space with units along Hwy 98 in Fairhope, AL.
      9244 Us-98, Fairhope, AL
      View Details
    • $4,500 /Mo
      4,000 SF

      Retail Strip Center on County Road

      Six-suite retail strip center with flexible leasing options.
      9481 Co Rd, Fairhope, AL
      View Details

    FAQs

    What type of property is this?
    Other retail property - Prime Fairhope retail space, 1238 sq ft, NNN lease.
    Where is this other retail property located?
    The property is located at 557 - 559 Fairhope Ave Fairhope, AL.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: 1,238 sq ft retail space available in Fairhope, AL's Portico development.; Lease includes turn-key improvements and a convenient dual-access location.; NNN lease for 5+ years at $39/sq ft yearly; potential for expansion up to 5,532 sq ft.
    (251) 342-7229
    Request Owner's contact information
    557 - 559 Fairhope Ave Fairhope, AL 36532
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    557 - 559 Fairhope Ave
    Fairhope, AL 36532
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    557 - 559 Fairhope Ave Fairhope, AL 36532
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.