PORTICO - Building A

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30294388
Property Subtypes: Mixed Use, Street Retail, Other
Building Status: Under Construction
Contiguous Space: 1,352 - 3,826 SF
Total Available: 6,026 SF
Gross Building Area: 12,000 SF
Gross Land Area: 3.50 Acres
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $2,816 - 7,970
Lease Types: NNN
Building Name: PORTICO - Building A
Usable Size (USF): 12,000 SF
Last Updated: 12/13/2018

Overview / Comments

PORTICO is an exciting new mixed-use development to be prominently positioned on over 500’ of frontage along Fairhope Avenue - the gateway to downtown Fairhope, Alabama. Within walking distance of great restaurants, boutiques, parks and services, PORTICO will ultimately consist prime commercial space and luxury residential condominiums. The architectural design and features of PORTICO will set a new standard of quality for the growing market, appealing to discriminating business owners and residents alike.
Phase I / Building A is now under construction, and will consist of approximately 12,000 square feet of commercial space on 2 floors fronting Fairhope Avenue. T Delivery is anticipated early 2019. Contact Jeff Barnes, Stirling Properties, at 251-975-8222, for more information about commercial leasing.

COMMERCIAL SPACE AVAILABLE-PHASE I / BUILDING A

Unit A-102: 1,264 +/- RSF / center unit, with 40' along Fairhope Ave.
Unit A-103: 2,200 +/- RSF / end-cap unit, with drive-up window option
Unit A-203: 1,352 +/- RSF / 2nd floor office space
Base Rental Rate: $25.00 PSF
Annual Increases: 3%
CAM, Taxes & Insurance: TBD
Anticipated Delivery Date: Early 2019

Expand All 3 Spaces Available

Suite: A-103 2,200 SF $25 PSF (Annual) NNN
Suite: A-202 1,352 SF $25 PSF (Annual) NNN
Suite: A-203 2,474 SF $25 PSF (Annual) NNN

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County, AL / Fairhope
Tax ID/APN: 05-46-03-37-0-007-076.517
Zoning: MIXED-USE
Retail Clientele: General, Business, Tourist
Property Located Between: Fairhope Post Office
Property Visibility: Excellent
Largest Nearby Street: Fairhope Avenue
Highway Access: PORTICO is located approximately 7/10 mile from U.S. Highway 98
Airports: Fairhope Municipal Airport is located 5 miles from the site
Site Description: 3.5 acres, fronting Fairhope Ave
Area Description: Fairhope, AL is a trendy coastal town, positioned on the eastern shore of Mobile Bay. The bustling downtown area is home to numerous restaurants, boutiques, parks, schools, and services - all supported by both tourists and permanent residents.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 5,924 SF
Year Built: 2018
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 2 story buildings, incorporating painted brick exterior and prominent finishes enhancing store front facades for commercial tenants.
Total Parking Spaces: 179
Parking Type: Surface
Parking Description: Parking will be located along Fairhope Avenue, as well as surface lots within the development. Parking to be shared with residential condos.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Commercial spaces to be delivered in a shell condition.
Zoning Description: Mixed-use
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,127 13,274 31,182
Median Age: 51.27 46.47 43.16
Households: 2,039 5,981 12,679
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.