3820-3840 State Highway 59, Foley, AL 36535
sale
$2,900,000
|
Retail
Courtesy Of Re/Max of Orange Beach
13 Tenant Strip Center on Hwy 59 in Foley (High Traffic Area)Parkway Plaza, is an eye catching strip mall strategically positioned along Highway 59. This complex comprises 13 rental spaces, ranging from 450 to over 2000 sqft., ensuring a versatile retail landscape. With a 100% occupancy rate and a stellar tenant mix, this 12,000 sqft haven thrives with long-term lessees easy access, ample parking, and an income producing sign on the south end of the property. The building's roof was replaced in 2021, and new flooring was installed the same year. Additionally, all parking lots were upgraded wit LED light fixtures in 2022. Buyer to verify all information during due diligence.
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Property Features
- Age: 21-30 Years Old
- Floors: 1
- Heating System: Electric (Heating)
- Legal Description: 200 X 250 Irr Fm Ne1 4 Of Se1 4 Of Se1 4 Of Sec 8 Run Th W 50, Th S 610 For Pob Th Run W 200, Th S 250, Th E 200, Th S 250 To Pob In The City Of Foley Sec 8-T8s-R4e (Wd)
- MLSID: 386646
- Roof Type: Metal
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