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Thriving Strip Mall on Highway

3820-3840 AL-59, Foley, AL

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For Sale

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Fully occupied 12,000 SF strip mall on Highway 59.

Type:RETAIL

Property size:

12,000 SF

Lot size:

1.08 Acres

Price / SF:

$241/SF

HighLights

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.
Recent Upgrades: Roof and flooring replaced in 2021, and parking lot LED lighting upgraded in 2022.
Ample Parking: Provides convenience for customers and tenants.
Income‑Producing Sign: Additional revenue stream from the sign on the south end of the property.

We can help!

Listing Contact

Heather Harp

Learn more

For Sale

Contact for pricing

Fully occupied 12,000 SF strip mall on Highway 59.

Type:RETAIL

Property size:

12,000 SF

Lot size:

1.08 Acres

Price / SF:

$241/SF

Added:: Nov 30, 2023
Days on Market:: 926
Last Refresh:: May 20 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

We can help!

Listing Contact

Heather Harp

Listing agent Heather Harp License #new

Listing office Re/Max of Orange Beach

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

HighLights

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.
Recent Upgrades: Roof and flooring replaced in 2021, and parking lot LED lighting upgraded in 2022.
Ample Parking: Provides convenience for customers and tenants.
Income‑Producing Sign: Additional revenue stream from the sign on the south end of the property.

Overview

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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For sale
Strip malls
AL
Foley
3820-3840 AL-59

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.

3820-3840 AL-59, Foley, AL

Fully occupied 12,000 SF strip mall on Highway 59.

Property Features for 3820-3840 AL-59

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Foley RV Park Opportunity

Mobile Home Park Property

Motor Coach Resort Casita and Pavilion

Lakefront Motor Coach Resort Lot

Motor Coach Resort Pull-Through Lot

RV Resort Lot in Planned Development

Lakefront RV Resort Lot

RV Resort Lakefront Lot

Pull-Through Motor Coach Lot

Foley Commercial Space For Sale

RV Resort Motor Coach Lot

Motor Coach Resort Premium Lot

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