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26731727
26731726

27267 Perdido Beach Blvd, Orange Beach, AL 36561

$1,829,000
280 days on market
Updated 3 days ago

5-Suite Retail Package in SanRoc Cay, Orange Beach, AL

Details
Property Type Mixed Use, Office (+1)
Sub Type Storefront
Square Footage 5,900
Net Rentable (SqFt) 5,900
Units 5
NOI $98,142
Tenancy Multi
Year Built 1998

Retail | 5,900 SqFt

Marketing description

This investment presents a rare opportunity to acquire a fully leased retail condominium package within SanRoc Cay Marina, a designated Waterfront Entertainment District in Orange Beach, Alabama. Buyers have the option to acquire Parcel 1, Parcel 2, or both parcels together. Acquired together, the two offerings would comprise five suites and approximately 5,900 square feet, creating a diversified, multi-tenant retail portfolio within this high-traffic marina and entertainment district.

SanRoc Cay Marina is a mixed-use destination along Perdido Beach Boulevard, combining ground-level shops and restaurants with office and residential condominiums above. The development draws steady foot traffic from popular establishments such as Louisiana Lagniappe, Pelican Grill, Pizza at the Pass, Serenity at the Beach Salon & Spa, and the Tipsy Pelican outdoor bar. The property benefits from ample surface and underground parking, as well as direct access to the marina, which supports charter fishing boats, dolphin cruises, and the Reel Surprise Dock Store—offering fuel, bait, ice, and boating necessities.

The marina and retail center creates a vibrant coastal district blending shopping, dining, entertainment, and waterfront recreation. Boutiques add variety with resort wear, swimwear, jewelry, and specialty fashion. The courtyard at the heart of the property serves as a central gathering space, highlighted by live music events, the Tipsy Pelican bar, and the Silver Sailfish statue—a well-known local landmark and photo spot.

Located in Baldwin County on Alabama’s Gulf Coast, Orange Beach is a thriving resort city with about 8,095 residents (2020 census). Its population swells to over 100,000 during peak tourist season, driven by its 32 miles of sugar-white sand beaches, Gulf State Park’s 6,000 acres of trails and fishing pier, and attractions like The Wharf entertainment district. Known for both tourism and retirement appeal, Orange Beach offers a moderate cost of living, favorable tax benefits, and a high percentage of retirees (28.5% of residents are 65+).

All information provided herein is deemed reliable but is not guaranteed. Buyers are strongly advised to independently verify all facts, figures, representations, and conditions, including but not limited to square footage, zoning, taxes, leases, income, expenses, and any other pertinent information, during their due diligence. The seller and listing agent make no warranties or representations, express or implied, and shall not be held responsible for any inaccuracies. Seller is a licensed agent in the state of Alabama.

Investment highlights

  • Fully leased retail condo package within SanRoc Cay Marina

  • Prime location with frontage along Perdido Beach Boulevard, near Perdido Pass

  • SanRoc Cay courtyard offers live music and entertainment anchored by the Tipsy Pelican outdoor bar

  • Peak seasonal population exceeds 100,000, creating strong customer demand

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$98,142.00
$8,178.50/mo

Valuation Metrics

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DSCR
5.37%
Cap Rate
5.37%
ROI

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*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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