Listing Agency: Ted Hughes Real Estate Group t**@tedhughesregroup.com Show Phone

Listed By: Ted Hughes · License #80521-1 Show Phone

Source: Moodyscre

Added: Oct 14, 2024 Changed: Aug 9 Last Checked: Aug 10 at 5:08AM

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Investment Insights

Based on property information with market context.

This commercial property is an office building. The existing business is currently the tenant, with a renewable lease agreement in place until December 2026. According to the lease agreement, the tenant has the option to renew for two additional 36-month periods. The property encompasses a total area of 2,231 square feet.

Key Highlights

• Existing business as tenant provides immediate income.
• Renewable lease in place until December 2026.
• Tenant has option to renew for two additional 36‑month periods.

Property Analytics

Property Profile

Current Use

Bender Vacation Rentals Vacation Rental

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Storage Facility Furniture & Home Goods Bakery Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building for sale with tenant in place until 2026.

Where is this office building located?

The property is located at 956 W Beach Blvd Gulf Shores, AL.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Existing business as tenant provides immediate income.; Renewable lease in place until December 2026.; Tenant has option to renew for two additional 36‑month periods.