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32638652
32638654

26000 Bass Pro Drive, Spanish Fort, AL 36527

RB
TX 580152
SRS Real Estate Partners - Global Company
Listed by SRS Real Estate Partners - Global Company
Unpriced
34 days on market
Updated 9 days ago

Spanish Fort Town Center | Retail & Development Land

Details
Property Type Retail, Land
Sub Type Restaurant, Shopping Center (+1)
Square Footage 67,768
Units 644
NOI $275,847
Occupancy 49%
Tenancy Multi
Lease Type NNN
Year Built 2008
Acreage 155.000
Zoning B-3 General Business
Parking Spaces 644 spaces
Parking Per SqFt 9.50
Investment Type Value Add
Ground Lease No

Value-Add Shopping Center with Development Land

Marketing description

SRS Capital Markets is pleased to exclusively offer Spanish Fort Town Center, a premier investment opportunity in Spanish Fort, Alabama. The development is a dominant mixed-use retail and lifestyle destination, strategically positioned at the high-profile intersection of IH-10 and US-90/98. The 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.

Investment highlights

Institutional-Quality Asset with scale, visibility, and long-term relevance in a supply-constrained coastal Alabama market.

2nd Fastest Growing Market in Alabama benefiting from rapid residential growth and population in-migration throughout Eastern Mobile Bay and Baldwin County. Population within a 1-mile radius expected to grow 8.1% from 2025-2030.

Strong Demographics with average annual household incomes over $110,000 within a 3-mile radius of the Development.

Regional Retail Destination with Strategic Interstate Location at the IH-10 / US 90/98 interchange, one of Baldwin County’s most heavily traveled corridors, with more than 85,000 cars passing the site daily.

Strong Shadow Anchor Tenant Lineup that includes Bass Pro Shops, DR Horton Custom Homes, Cavender’s, and La-Z-Boy, driving consistent traffic and destination-oriented visits.

Value-Add Upside through development with remaining developable land parcels suitable for retail pads, restaurants, office, hospitality, or additional mixed-use components.

Expansion & Densification Potential allowing an investor to enhance NOI through phased development, tenant re-mixing, or strategic pad sales.

Live-Work-Play Environment supported by adjacent residential, office, hospitality, and recreational uses within the Town Center.

Long-Term Growth Opportunity from continued corridor development, increased interstate traffic counts, and future commercial densification

Listing Contacts

RB
TX 580152
SRS Real Estate Partners - Global Company
Listed by SRS Real Estate Partners - Global Company

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Loan Amount
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$275,847.00
$22,987.25/mo

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Additional Information

Name
Martin Smith
License
AL License No. 000070431
Brokerage
SRS Real Estate Partners, LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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