2434 Mckenzie St Foley, AL 36535
This exceptional Class A retail property, Foley Square/Riviera Square, presents a unique leasing opportunity in Foley, Alabama. Located at 2434 S McKenzie St, 36535, this 219,888 square foot, two-building community center offers a junior anchor space of 10,027 contiguous square feet currently available for lease. Built in 2018, the single-story complex sits on a 16.7-acre lot and benefits from a highly desirable location near the intersection of Highway 59 and County Road 20. Boasting impressive visibility and convenient access, the property features three signalized entrances on Highway 59 and shared access with a Walmart Supercenter parking lot, ensuring high traffic flow. The property's strategic location within Baldwin County, the fastest-growing county in Alabama and 7th fastest-growing in the US, provides access to a robust and expanding consumer base. Annual traffic counts at the site reached 34,769 in 2022. The property is zoned commercial (APN: 05-61-03-05-1-001-012.006) and includes premium national tenants. This grocery-anchored neighborhood center presents a compelling investment opportunity for businesses seeking high visibility and strong consumer traffic in a rapidly growing market. The minimum divisible space is 10,027 square feet.
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Orenda Originals Boutique Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.