3820-3840 AL-59 Foley, AL
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Fully occupied 12,000 SF strip mall on Highway 59.
Type:RETAIL
Property size:
12,000 SFLot size:
1.08 AcresPrice / SF:
$241/SF- Added:
- Nov 30, 2023
- Days on Market:
- 881
- Last Refresh:
- Apr 5 at 8:53 pm
Property Features for 3820-3840 AL-59
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 1.08 Acres
- Property subtype
- RETAIL
Listing agent Heather Harp License #new (251) 533-6677
Listing office Re/Max of Orange Beach (251) 533-6677
Listing date Nov 30, 2023
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 Re/Max of Orange Beach
Overview
Thriving Strip Mall on Highway
Parkway Plaza is a strip mall strategically positioned along Highway 59. The complex comprises 13 rental spaces, ranging from 450 to over 2000 square feet, creating a versatile retail landscape. The property has a 100% occupancy rate and a tenant mix. This 12,000 square foot property has long-term lessees, easy access, and ample parking. An income producing sign is located on the south end of the property. The building's roof was replaced in 2021, and new flooring was installed the same year. Additionally, all parking lots were upgraded with LED light fixtures in 2022.
Location Intelligence
Current Use by Public Records
Strip malls
Map
- City
- Foley
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.6994
- Latitude
- 30.3929
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FAQs
What type of property is this?
Strip mall - Fully occupied 12,000 SF strip mall on Highway 59.
Where is this strip mall located?
The property is located at 3820-3840 AL-59 Foley, AL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 100% Occupancy Rate: Demonstrates strong and consistent income generation.; Strategic Location: Positioned along Highway 59, offering high visibility and accessibility.; Versatile Retail Landscape: Comprises 13 rental spaces ranging from 450 to over 2000 sqft, attracting a diverse tenant base.
