30500 Al-181 - Movie Theatre FOR SALE


Spanish Fort, AL 36527
$5,200,000 USD
251-458-8202
30500 Al-181, Spanish Fort, AL for Sale
$5,200,000 USD
Movie Theatre - FOR SALE
1/17
null | Request Cap Rate

30500 Al-181
Spanish Fort, AL 36527


HIGHLIGHTS

  • Prime location in Eastern Shore Centre on State Highway 181 in Baldwin County
  • Great re-development opportunity
  • 41,965 SF building with 14 theatres
  • Flexible terms with potential seller financing available
  • Nearly 8-acre parcel offering excellent visibility and access
  • Modern tilt-up concrete construction with 32-foot clear height

OVERVIEW

This exceptional retail re-development opportunity features a 44,965 SF Premiere Cinema located in Eastern Shore Centre in Spanish Fort, Alabama. Positioned on nearly 8 acres, the property offers outstanding visibility as one of the largest merchants in the Eastern Shore Centre. Built in 2008 with durable tilt-up concrete construction and a flat slab-on-grade foundation, the building boasts a 32-foot clear height and an efficient layout with no interior support walls, allowing for versatile future configurations. The cinema includes 14 theatres and modern infrastructure, making it ideal for continued entertainment use or adaptive reuse for retail, specialty, or mixed-use concepts. With flexible terms and potential seller financing, this asset presents a compelling opportunity for investors seeking a stable, income-producing property in a high-growth market. Spanish Fort benefits from strong demographics, proximity to Mobile and Pensacola, and easy access to major highways, ensuring consistent traffic and long-term value. Flexible terms with potential seller financing available. Eastern Shore Centre has over 50 merchants including Dillards, Belk, Stock & Trade Design Co., Barnes & Noble, Ware Jewelers and 5 restaurants.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Premiere Cinema

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

800

LAND DETAILS

LAND ACRES

7.9 AC

LAND SF

344,124 SF

ZONING

B3

APN/PARCEL ID

32-07-26-0-000-021.052

ASK ABOUT THIS PROPERTY

David MilsteadBellator Real Estate LLCMore Info
251-458-8202

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David MilsteadBellator Real Estate LLCMore Info
251-458-8202

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