1720 Alabama 59 Gulf Shores, AL 36542

This 53,038 square foot shopping center is located at 1720 Alabama 59 in Gulf Shores, Alabama, zip code 36542. Situated on a 6.82-acre lot, the multi-tenant property benefits from a high daily traffic count of 47,000 vehicles and excellent visibility on Highway 59. The center is anchored by a newly constructed Publix supermarket, operating under a 20-year lease commencing in 2024. AutoZone also occupies space with a 10-year lease starting in 2024-2025. The property's projected net operating income is $371,600. Significant infrastructure improvements are underway, including the completion of Highway 59 widening and enhancements in 2026, providing improved access to the Publix with seven ingress/egress points. Furthermore, the area is experiencing substantial growth, with the construction of an $85 million Embassy Suites hotel (1.7 miles away, completion July 2025) and the recently completed $140 million Lodge at Gulf State Park (within 3 miles). The property is zoned BG – General Business District, allowing for a variety of commercial uses. High barriers to entry for new retail development further enhance the property's long-term value. The property is 100% occupied and contains 46,780 square feet.