Retail Development Site with Advance Auto
3800 Gulf Shores Pkwy Gulf Shores, AL 36542
New
For Sale
Contact for pricing
Retail development opportunity along Gulf Shores Parkway, minutes from the Gulf Shores beaches.
Property Size6,889 SF
Price / SF$350.44
Days on Market3
Property Features for 3800 Gulf Shores Pkwy
General Information
Standard status
Active
Size
6,889 SF
Property subtype
RETAIL
Listing Agency:
Trinity Real Estate Investment Services - Corporate
(817) 584-2000
Listed By:
Chance Hales · License #697980
(806) 679-9776
Source:
Moodyscre
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 10:00PM
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 Trinity Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
Trinity Real Estate Investment Services presents a retail development opportunity for an Advance Auto Parts in Gulf Shores, AL. The property size is 6,889 SF and is positioned for a retail tenant seeking a high-visibility Parkway corridor.
The site is located along Gulf Shores Parkway and is described as minutes away from the Gulf Shores beaches, supporting retail demand from visitors and local shoppers alike.
Broker of Record is Brian Brockman with Bang Realty-Alabama Inc (AL#119315).
The site is located along Gulf Shores Parkway and is described as minutes away from the Gulf Shores beaches, supporting retail demand from visitors and local shoppers alike.
Broker of Record is Brian Brockman with Bang Realty-Alabama Inc (AL#119315).
Key Highlights
- 6,889 SF retail development site
- Advance Auto Parts development opportunity
- Located along Gulf Shores Parkway
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 | $115.7k | $16.80 |
| − Vacancy | −$9.8k | −$1.43 |
| EGI | $105.9k | $15.37 |
| − OpEx | −$31.8k | −$4.61 |
| NOI | $74.1k | $10.76 |
6,889 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.06M
$926.6K – $1.24M
NOI $74,128 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,967 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail development opportunity along Gulf Shores Parkway, minutes from the Gulf Shores beaches.
Where is this retail space located?
The property is located at 3800 Gulf Shores Pkwy Gulf Shores, AL.
What is the asking price?
The asking price for this property is $2,414,166.
What are key features of this property?
This property features: 6,889 SF retail development site; Advance Auto Parts development opportunity; Located along Gulf Shores Parkway
