19686 Greeno Rd - Retail FOR SALE


Fairhope, AL 36532
$3,450,000 USD
251-510-2277
19686 Greeno Rd, Fairhope, AL for Sale
$3,450,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

19686 Greeno Rd
Fairhope, AL 36532


HIGHLIGHTS

  • Strong Center with Diverse Tenant Mix and Drive-Thru
  • Located Just 1-Mile North of Fairhope High School and 1-Mile South of Thomas Hospital
  • Commercial Frontage on Greeno Road, the City’s Major Roadway That Runs through the Heart of Fairhope
  • Surrounded by National Retailers and New Construction Projects
  • Rare Opportunity to Buy a New-Construction Neighborhood Center in Highly-Sought After Fairhope Market
  • Located in Baldwin County – the Fastest Growing County in the State of Alabama

OVERVIEW

Herrington Realty is pleased to present the opportunity to acquire Polo Crossing, a multi-tenant retail center located at 19686 Greeno Road in Fairhope, Alabama. Constructed in 2023, the center offers 9,429 square feet of gross leasable area (GLA) on 1.78 acres and is fully occupied (100%) by 5 diverse tenants—one of which features a drive-thru lane. Polo Crossing has great visibility with commercial frontage on Greeno Road, which sees over 25,500 VPD and is one of Fairhope’s main roadways. The subject property is located just 1-mile north of Fairhope High School and 1-mile south of Thomas Hospital. The property is surrounded by major retailers and new construction projects. Fairhope is a vibrant city renowned for its high quality of life and dynamic local economy, frequently celebrated by Southern Living magazine as one of the top small towns in the South for its coastal charm, thriving arts community, and spirited community events. With a growing population and rising retail sales, Fairhope has become home to some of the most sought-after property in the entire state which makes this offering a prime opportunity for investors looking to enter one of the fastest growing markets in the state of Alabama.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Polo Crossing - Fairhope, Alabama

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

Commercial

APN/PARCEL ID

05-46-05-21-0-000-012.000

ASK ABOUT THIS PROPERTY

Tim HerringtonHerrington Realty, Inc.More Info
251-510-2277

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Tim HerringtonHerrington Realty, Inc.More Info
251-510-2277

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.