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    2558 Mckenzie St Foley, AL 36535

    Source: https://www.saltercompany.com
    For Lease
    $18 SF/Yr ($15,040 /Mo)

    High-traffic retail suite, 10,027 SF, NNN lease.

    Lot size:
    10,027 SF

    Description

    Added:
    Mar 24, 2025
    Days on Market:
    265
    This exceptional 10,027-square-foot retail space, located in Suite 2524 of Foley Square/Riviera Square in Foley, Alabama, presents a prime opportunity for businesses seeking high visibility and accessibility. Situated near the intersection of Highway 59 and County Road 20, this property benefits from impressive traffic counts of 37,947 vehicles daily (2023 ALDOT data). The location within Foley Square and Riviera Square offers an unparalleled advantage, capitalizing on its placement in Baldwin County, the fastest-growing county in Alabama and the 7th fastest-growing in the United States. The property boasts exceptional visibility and convenient access, enhanced by three signalized entrances on Highway 59 and convenient cross-access to the Walmart Supercenter parking lot. This strategic location ensures easy access from Baldwin County's busiest thoroughfare. The lease is a NNN (Net, Net, Net) arrangement with an annual rate of $18 per square foot. The suite is ideal for a variety of retail uses and offers a strong foundation for business growth in a thriving market. This is a rare opportunity to secure a prominent retail presence in one of Alabama's fastest-growing areas.

    Property Features for 2558 Mckenzie St

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    10,027 SF
    USF (Usable sq. ft)
    10,027 SF
    Elevators
    N/A
    Total Rate
    15040.5

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1

    HighLights

    • 10,027 sq ft retail suite available for lease in Foley, AL.
    • High‑traffic location near Hwy 59 & CR 20, boasting 37,947 daily vehicles (2023 ALDOT data).
    • Located in rapidly growing Foley, AL, offering premium visibility and easy access.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    State
    Alabama
    Longitude
    -88.249824
    Latitude
    30.404392

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    FAQs

    What type of property is this?
    Other retail property - High-traffic retail suite, 10,027 SF, NNN lease.
    Where is this other retail property located?
    The property is located at 2558 Mckenzie St Foley, AL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 10,027 sq ft retail suite available for lease in Foley, AL.; High-traffic location near Hwy 59 & CR 20, boasting 37,947 daily vehicles (2023 ALDOT data).; Located in rapidly growing Foley, AL, offering premium visibility and easy access.
    (251) 344-1444
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    2558 Mckenzie St Foley, AL 36535
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    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
    2558 Mckenzie St Foley, AL 36535
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