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    320 Eastern Shore Shopping Ctr Fairhope, AL 36532

    For Lease
    $28 SF/Yr

    Prime Fairhope location, flexible space available

    Lot size:
    85,529 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail and restaurant opportunity is located at 320 Eastern Shore Shopping Center in Fairhope, Alabama, 36532, within Baldwin County. The property, Eastern Shore Shopping Center, offers a total of 85,529 square feet of space, with 4,550 square feet currently available for lease. The space is adaptable and can be subdivided to accommodate a tenant's specific needs, with sizes ranging from 2,000 to 4,550 square feet. Currently configured as restaurant space, it will be delivered as a "vanilla shell," allowing for complete customization to suit the tenant's vision. The landlord is actively planning a significant exterior facelift to modernize and upgrade the building's facade, enhancing the overall aesthetic appeal and curb appeal. This prime location offers excellent visibility and accessibility, situated directly across from a newly constructed Starbucks, ensuring high foot traffic and brand synergy. The landlord is open to subdividing the 4,550 square foot space based on the tenant's creditworthiness. This presents a unique chance to establish a thriving business in a vibrant and growing Fairhope community.

    Property Features for 320 Eastern Shore Shopping Ctr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,529 SF
    Total Rate
    199567.67

    Unit(s) available at that property

    Space
    Restaurant Space For Lease in Fairhope
    Size
    4,550 SF
    Rate per SF
    $28

    HighLights

    • 4,550 SF retail/restaurant space available for lease in Fairhope, AL's Eastern Shore Shopping Center.
    • Space is divisible from 2,000 SF to 4,550 SF, delivered as a vanilla shell.
    • Located across from a new Starbucks, offering high visibility and foot traffic.
    • Landlord is planning exterior renovations to enhance curb appeal.
    • Excellent opportunity in a growing Fairhope community.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Sunflower Cafe Health Food Restaurant Eastern Shore Village ... Business Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.885199616756
    Latitude
    30.522199053394

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    FAQs

    What type of property is this?
    Restaurant - Prime Fairhope location, flexible space available
    Where is this restaurant located?
    The property is located at 320 Eastern Shore Shopping Ctr Fairhope, AL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 4,550 SF retail/restaurant space available for lease in Fairhope, AL's Eastern Shore Shopping Center.; Space is divisible from 2,000 SF to 4,550 SF, delivered as a vanilla shell.; Located across from a new Starbucks, offering high visibility and foot traffic.
    Request Owner's contact information
    320 Eastern Shore Shopping Ctr Fairhope, AL 36532
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    Fairhope, AL 36532
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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
    320 Eastern Shore Shopping Ctr Fairhope, AL 36532
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