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3780 Gulf Shores Parkway - Pelican Place at Craft Farms - Cobb Theatre, Gulf Shores, AL

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3780 Gulf Shores Parkway - Pelican Place at Craft Farms - Cobb Theatre

leasehold interest
Gulf Shores, AL 36542-2750 - Baldwin County Submarket


Property Type:Retail Sub Type:Movie Theatre Status:Existing Year Built:2005
Building Size:53,170 SF Land Area:-
For Sale Price:$8,526,533 Price/SF:$160.36
Cap Rate:8.25 %
Parking:Free Surface spaces are available; Ratio of 18.96/1,000 SF
Features:Dedicated Turn Lane, Signage


This is the leasehold interest of a ground lease. The leased fee interest is held by the City of Gulf Shores.

Sale Notes:
Sands Investment Group is pleased to present for sale the Cobb Theatres located at 3780 Gulf Shores Parkway in Gulf Shores, Alabama. This is a Triple Net (NNN) Lease investment opportunity with limited Landlord responsibilities. The building is approximately 53,170 SF.

Sands Investment Group Charleston, LLC
Clifton McCrory
(844) 474-4666

Chris Sands
(844) 474-4666

  
Sands Investment Group Santa Monica, LLC
Daniel Hoogesteger
(310) 853-1419




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