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23000 Town Center Ave - Development Land + Spanish Fort Town Center Lot • Terrain commercial • 155 Acres • Spanish Fort, AL 36527
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Faits saillants de l'investissement
- Institutional-Quality Asset with scale, visibility, and long-term relevance in a supply-constrained coastal Alabama market
- Regional Retail Destination with Strategic Interstation Location at the IH-10/US-98 interchange, with more than 85,000 cars passing the site daily
- Expansion & Densification Potential - enhance in-place NOI through phase development, tenant re-mixing, or strategic pad sales.
- 2nd Fastest Growing Market in Alabama benefiting from rapid residential growth throughout Eastern Mobile Bay and Baldwin County
- Value-Add Upside through development, with remaining buildable land parcels suitable for retail, restaurant, hospitality, etc.
- Long-Term Growth Opportunity from continued corridor development, increased interstate traffic counts, and future commercial densification
Résumé de l'annonce
SRS Capital Markets is pleased to exclusively offer Spanish Fort Town Center, a premier investment opportunity in Spanish Fort, Alabama. Spanish Fort Town Center is a dominant mixed-use retail and lifestyle destination strategically positioned at the high profile intersection of IH-10 and US-90/98. This 230-acre, master-planned development benefits from one of the most trafficked corridors in Baldwin County, delivering unrivaled visibility from IH-10, direct access via signalized intersections, and a continuous stream of regional consumers from the Mobile-Pensacola MSA.
Shadow anchored by a strong lineup of national and regional destination tenants, the center draws significant customer traffic and serves as a retail magnet for the area’s expanding trade base:
• Bass Pro Shops (not a part) - regional flagship destination retail driving visits from beyond the immediate market.
• Cavender’s Western Outfitter, La-Z-Boy, DR Horton Homes (not a part) and a curated mix of specialty, lifestyle and service tenants.
• Complementary nearby retailers include Ulta, Petco, Hobby Lobby, TJ Maxx, The Fresh Market, and Home Depot within the broader trade corridor.
With significant remaining land parcels still available within the 230-acre campus, Spanish Fort Town Center presents a compelling value-add and expansion opportunity for investors and developers. These parcels are ideally suited for:
• Restaurant, retail, office and hospitality pad development with build-to-suit capability.
• Additional mixed-use or entertainment concepts that capitalize on the existing daytime and weekend draw.
• Strategic densification of residential or workforce housing tied to the center’s retail, lifestyle, and service ecosystem.
The combination of a strong shadow anchor roster, robust regional traffic, premier highway visibility, and available developable acreage positions Spanish Fort Town Center as a top investment in one of Alabama’s fastest-growing trade areas -- offering both current cash flow and long-term growth upside.
Shadow anchored by a strong lineup of national and regional destination tenants, the center draws significant customer traffic and serves as a retail magnet for the area’s expanding trade base:
• Bass Pro Shops (not a part) - regional flagship destination retail driving visits from beyond the immediate market.
• Cavender’s Western Outfitter, La-Z-Boy, DR Horton Homes (not a part) and a curated mix of specialty, lifestyle and service tenants.
• Complementary nearby retailers include Ulta, Petco, Hobby Lobby, TJ Maxx, The Fresh Market, and Home Depot within the broader trade corridor.
With significant remaining land parcels still available within the 230-acre campus, Spanish Fort Town Center presents a compelling value-add and expansion opportunity for investors and developers. These parcels are ideally suited for:
• Restaurant, retail, office and hospitality pad development with build-to-suit capability.
• Additional mixed-use or entertainment concepts that capitalize on the existing daytime and weekend draw.
• Strategic densification of residential or workforce housing tied to the center’s retail, lifestyle, and service ecosystem.
The combination of a strong shadow anchor roster, robust regional traffic, premier highway visibility, and available developable acreage positions Spanish Fort Town Center as a top investment in one of Alabama’s fastest-growing trade areas -- offering both current cash flow and long-term growth upside.
Faits sur la propriété
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Nombre de lots | 1 | Utilisation proposée | |
| Type de propriété | Terrain | Taille totale du lot | 155,00 AC |
| Zonage | B-3 General Business | ||
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | |
| Taille totale du lot | 155,00 AC |
| Zonage | B-3 General Business |
1 Lot disponible
Lot
| Taille du lot | 155,00 AC |
| Taille du lot | 155,00 AC |
155 Total Acres at Spanish Fort Town Center, a 230-acre master planned retail development shadow anchored by Bass Pro Shops, DR Horton Custom Homes, and others. Offering includes existing Shopping Center located on 12 acres of land.
Description
Land Details: 155 Acres - total land area 71 Acres - net buildable 12 Acres - existing shopping center 19 - Total Parcels 9+ - Pad Sites under 3 Acres 3+ - Parcels greater than 3 acres Shopping Center portion was built 2008-2010. 67,768 Square Feet. 49% Occupancy. Existing Tenants NOI $275,847. Ample parking, with approximately 644 dedicated spaces surrounding the shopping center buildings.
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
20/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 417 674 $ CAD | |
| Évaluation du terrain | 384 750 $ CAD | Évaluation totale | 2 802 424 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
384 750 $ CAD
Évaluation des bâtiments
2 417 674 $ CAD
Évaluation totale
2 802 424 $ CAD
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23000 Town Center Ave - Development Land + Spanish Fort Town Center
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