For Sale
$1,150,000
0 Us-98Fairhope, AL 36532
Prime Fairhope retail center, high visibility.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Class A, 6,000 SF shopping center in Fairhope, AL.
- 100% occupied, four-unit building with a 10-year remaining lease term, net lease structure.
- 8.9-acre lot (plus 1-acre income-producing parcel and 4 acres for future development).
- High-visibility location on US-98, near proposed intersection with high traffic counts.
- 5.00% cap rate, $1,150,000 asking price; owner financing available.
- Includes billboard generating additional income; APN 05-56-05-22-0-000-018.001, Commercially zoned.
Property Details for 0 Us-98
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 6,000 SF
- Class
- A
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 387,684 SF
- Units
- 4
Location Insight
- City
- Fairhope
- County
- Baldwin
- State
- Alabama
- Latitude
- 30.41995351149
- Longitude
- -87.853150551181
Us-98, Fairhope, Alabama
Nearby Similar for Sale
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