24369 Canal Rd - Freestanding FOR SALE


Orange Beach, AL 36561
$3,290,000 USD
704-379-1985
24369 Canal Rd, Orange Beach, AL for Sale
$3,290,000 USD
Freestanding - FOR SALE
1/6
null | 7.5% Cap Rate

24369 Canal Rd
Orange Beach, AL 36561


HIGHLIGHTS

  • Corporate lease | West Marine Products, Inc. | 240+ locations across the US and Puerto Rico
  • Great visibility & access from Canal Rd | 26,400 VPD
  • Located inside of dense retail corridor | 1.3M SF within a 2-mile radius
  • Long operating history | Leased since 2013
  • Large parcel | 1.39 acres
  • Affluent surrounding area | $126,964 average household income within a 1-mile radius

OVERVIEW

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale West Marine in Orange Beach, Al. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$3,290,000 USD

PRICE/SF

$252 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Marine

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

Commercial

APN/PARCEL ID

65-03-06-0-000-002.187

ASK ABOUT THIS PROPERTY

Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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