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Property profile & analytics
FOR LEASE
Super regional malls

10200 Eastern Shore Blvd Spanish Fort, AL 36527

92,144 SF 35 ac lot Built 2005
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US03-1339453
Property summary
AI-generated overview

Eastern Shore Plaza, a ±265,000 square foot power center, presents a unique investment opportunity in Spanish Fort, Alabama's fastest-growing Baldwin County. This prime retail location boasts five available spaces ranging from 4,500 to 49,223 square feet, ideal for a variety of businesses. The property enjoys a highly desirable location at the intersection of I-10 and Highway 181, providing exceptional visibility and convenient access to Mobile, Fairhope, Gulf Shores, and Pensacola. Benefit from a high-income demographic and strong co-tenancy including nationally recognized retailers such as Best Buy, Ashley Furniture, Ross Dress for Less, and Old Navy. The center experiences significant traffic volume, with over 63,000 vehicles passing daily. This exceptional location offers unparalleled exposure and accessibility, making it an attractive proposition for businesses seeking a thriving retail environment in a rapidly expanding market. The property's size and prominent location within Eastern Shore Plaza ensure high visibility and significant foot traffic. This is a rare opportunity to secure space in a successful, established power center in a prime location.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2005
Total area 92,144 SF
Lot 35 ac (1,524,600 SF)
APN 32-07-26-0-000-022.001
UPID US03-1339453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
  • SimplyHair by Emi Hair Salon
  • Dollar Tree Discount Store
  • GNC (Bike/Boat/Book/etc) Store Pharmacy
  • Magnolia Sage Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.49M
Owner & transaction history
Eastern Shore Plaza LLC · 9 yrs held
Eastern Shore Plaza LLC
since 2016
2 recorded transactions
2016
$31.8M
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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