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Improved Property

Foley Retail Properties LLC

151 9th Ave, Foley, Alabama 36535

Sold: $4,795,000
$149.05 / SF
Updated Oct 1, 2026
Categories Retail

About this property

Two multi-tenant buildings located adjacent to the Wal Mart Super Center at 151-171 and 201-225 W. 9th Ave in Foley AL. Many national credit tenants including: Dollar Tree, Cato, Firehouse Subs, Sally Beauty Supply, Advance America, Boost Mobile, Hobby Town, Rent A Center, Baldwin Prints (open May 2021), H&R Block & Acceptance Insurance. The property has multiple access drives to Hwy 59 (S. McKenzie St) and W. 9th Ave, including direct interior access drive to Wal Mart. Two small suites available of 1200 & 1680 sf with upside to actual 12/31/2020 NOI of $335,219. Projected NOI of $366,000 m/l for 2021. 96% occupancy

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
32,170 sqft
Land Size
3 acres
Sewer
Yes
Water
Yes
Zoning
Commercial
Electric
Yes
Year Built
2003
Parking
177
Construction
Masonry & steel
Traffic Counts
45,000

Documents 1 file

Site-Plan.pdf 849 KB

Last updated: Oct 1, 2026

Location

Address
151 9th Ave
Foley, Alabama 36535
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.