3501 Gulf Shores Pkwy - Palm South Strip Center, Gulf Shores, AL 36542

Commercial property for lease

• Description
• Fantastic Investment Opportunity on Hwy 59 in Gulf Shores! Central location convenient to Gulf Shores and Foley. Units 1-2-3-4 are available for $1,000,000.00 with a 3% commission to selling Agent/Broker. Each unit is an approved and recorded Office Condo. Annual rental income is $122,295.00, less average expenses of $15,352.00, for a net income of $105,143.00, which is a 10% Cap Rate. Current CAM is $1.49/SFThe Palm South Center as a whole, consisting of 10 units, can be purchased for $2,395,000.00. Cap Rate of 10% and current CAM is $1.49/SF Offering a 3% commission to the selling Agent/Broker.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	100
  Parking Type:	Surface

• Contact info
• Kenneth Montgomery

  Charter Landing, Inc.
• Note

• Details Info about this row that located on 3501 Gulf Shores Pkwy - Palm South Strip Center, Gulf Shores, AL 36542 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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