Foley, AL Strip malls for sale

Updated: Oct 17, 2025

Foley Strip Center on Highway

3820-3840 State Highway 59, Foley, AL 36535

$2,900,000

12,000 sqft

100% Occupancy Rate with Stellar Tenant Mix
High‑Traffic Location on Hwy 59 in Foley
Versatile Retail Landscape with 13 Rental Spaces (450 to over 2000 sqft)
Recently Replaced Roof and New Flooring (2021)
Upgraded Parking Lots with LED Light Fixtures (2022)

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This listing looks promising.

Here's a quick look at some key insights for

3820-3840 State Highway 59, Foley, AL 36535

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Est. Cap Rate

4.5%
NOI ÷ price
Est. NOI

$129K
Annual
Price @ 7% Cap

$1.84M
Suggested

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Updated: Nov 30, 2023

Thriving Strip Mall on Highway

3820-3840 AL-59, Foley, AL

Contact for pricing

12,000 sqft 1.08 AC lot

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.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Foley, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Pensacola Retail Investment Opportunity

5800 N W St, Pensacola, FL 32505

Contact for pricing

31,850 sqft 1.92 AC lot

Multi-tenant strip center in high-traffic Pensacola location.

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Multi-Tenant Retail Shopping Center

569 HOLCOMBE AVE, Mobile, AL 36606

Contact for pricing

4,592 sqft

Fully occupied neighborhood shopping center with multi-tenant retail spaces, ample on-site parking, and prominent frontage.

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Retail Space in Pensacola, FL

4828-4830 W Jackson St, Pensacola, FL

Contact for pricing

1,968 sqft 0.74 AC lot

Retail space available for lease in Pensacola, Florida.

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Strip Center with Pharmacy Anchor

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000

2.85 AC lot

Multi-tenant strip center with a pharmacy anchor and additional small retail shops on a signalized corner.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pensacola Land Investment Opportunity

2300 Gloria Circle, Pensacola, FL 32514

$200,000

1.00 AC lot

Land for sale in a rapidly growing Pensacola area.

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Pensacola Land Investment Opportunity

2300 BLK Gloria Cir, Pensacola, FL 32514

$200,000

1.10 AC lot

Commercial potential in a rapidly growing Pensacola location.

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Prime Development Parcel Near Gulf

1088 Cr 386 S, Mexico Beach, FL 32456

$2,900,000

15.00 AC lot

15+/- acres, 3,600' to Gulf, ideal for development.

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Retail Property with Income Potential

1319 S Brundidge St, Troy, AL 36081

$2,200,000

8,800 sqft 14.00 AC lot

14-acre retail property with two buildings and highway frontage.

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Off-Market Properties in Foley, AL

Consider similar Off-Market properties in Foley, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOPPING CENTER, STRIP CENTER

2410 Mckenzie St, Foley, AL 36535-3404

Value Estimation by Request

63,096 sqft 7.20 AC lot

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SHOPPING CENTER, STRIP CENTER

2524 Mckenzie St, Foley, AL 36535-3406

$2,130,000

Estimated value

69,845 sqft 10.00 AC lot

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SHOPPING CENTER, STRIP CENTER

2498 Mckenzie St, Foley, AL 36535-3404

$735,000

Estimated value

17,999 sqft 2.96 AC lot

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SHOPPING CENTER, STRIP CENTER

Mckenzie S St, Foley, AL 36535

$1,065,000

Estimated value

57,864 sqft 5.40 AC lot

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SHOPPING CENTER, STRIP CENTER

804 Mckenzie St, Foley, AL 36535-1811

$1,000,000

Estimated value

53,454 sqft 5.50 AC lot

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SHOPPING CENTER, STRIP CENTER

2450 Mckenzie St, Foley, AL 36535-3404

$940,000

Estimated value

22,301 sqft 6.00 AC lot

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SHOPPING CENTER, STRIP CENTER

612 Mckenzie St, Foley, AL 36535-3541

$1,070,000

Estimated value

31,334 sqft 2.25 AC lot

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SHOPPING CENTER, STRIP CENTER

1104 Mckenzie St, Foley, AL 36535-1817

$1,120,000

Estimated value

62,552 sqft 6.00 AC lot

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Foley, AL Strip Malls Market Trends and Statistics

Explore 10 strip malls for sale in Foley, AL on our real estate platform. These investment opportunities span a total of 24,000 square feet of properties for sale, with an estimated market value of $2,900,000.

Sale prices for retail strips in Foley, AL average $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
36535	$2.9M

Neighborhood

Average Price

36535

$2.9M