Foley Retail Properties LLC

  SOLD July 2021 for $4,795,000

151 9th Ave, Foley, Alabama 36535


Documents
Building Size32,170 Square Feet
Land Size3 Acres
ZoningCommercial
Parking177
WaterYes
SewerYes
ElectricYes
Year Built2003
ConstructionMasonry & steel
Traffic counts45,000

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


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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