Large Office Building For Sale in Gulf Shores

Office for Sale
Catylist Listing ID: 30153387
Property Subtypes: Office Building
Building Size (RSF): 42,818 SF
Gross Building Area: 44,867 SF
Gross Land Area: 4 Acres
Sale Price: $3,500,000
Unit Price: $81.74 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 42,818 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2017

Overview / Comments

Gulf Shores Medical Park, located at 3620 Gulf Shores Parkway in Gulf Shores, Alabama is a ±44,867 square foot two-story office building on approximately four acres. The site contains ±42,818 square feet of rentable area. Built in 2008, the property is zoned BG-1, or General Business.
It is located in a highly trafficked area of Baldwin County; namely, just off of Highway 59 in Gulf Shores. Traffic counts on Highway 59 are over 56,300 as of 2015. The building is adjacent to a Microtel Inn and Suites and is visible from Highway 59. Baldwin County is the fastest growing county in Alabama, and has seen a recent boom in population, leading to the need for additional office space in the area.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-66-02-04-2-001-002.055
Zoning: BG, GENERAL BUSINESS DISTRICT
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2008
Roof Type: Flat
Construction/Siding: Concrete
Total Parking Spaces: 163
Passenger Elevators: 2
Zoning Description: BG, General Business District. Ideal for Retail, Office, Hotel, Motel, Condominiums & Multi-family.
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,761 16,059
Median Age: 40.16 40.23
Households: 5,689 7,059
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