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Highlights
- Downtown OWA suites are located along a pedestrian only boulevard that features views of the lake and fountain plus a family friendly splashpad.
Space Availability (11)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 A South OWA | 3,521 SF | 14’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 101-B South OWA Blvd | 1,511 SF | 12’ - 14’ | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 101-C South OWA Blvd | 2,531 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 101-D South OWA Blvd | 1,256 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 101-J South OWA Blvd | 1,568 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 103-A South OWA Blvd | 5,267 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 200-C North OWA Blvd | 4,688 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 200-E North OWA Blvd | 1,080 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 200-F North OWA Blvd | 1,142 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 202-A North OWA Blvd | 3,371 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 203-A North OWA Blvd | 13,464 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 101 A South OWA
High-visibility end-cap space available in the heart of Downtown OWA. Positioned across from Starbucks at a primary entrance into the district, this vanilla shell offers excellent exposure for entertainment or general retail users. Space includes private restroom access, employee entry, and dual customer access from both inside the district and exterior storefront. Flexible leasing structures available for qualified tenants. Price: Base Rent: $14.00-20.00 CAM: $3.00-5.00 Marketing: $1.50 Flexible deal structures available for qualifed operators.
- Highly Desirable End Cap Space
- Anchor Space
- Central Air and Heating
- Freezer Space
- Wi-Fi Connectivity
- Corner Space
- High Ceilings
- Drop Ceilings
- After Hours HVAC Available
- Finished Ceilings: 14’
- Yard
- Display Window
- Wheelchair Accessible
- Central location, lots of windows.
1st Floor, Ste 101-B South OWA Blvd
Prime inline retail space available in the heart of Downtown OWA. Formerly occupied by a retail user, this second-generation space features private restroom access, employee entry, and custom built-in display cabinetry ideal for showcasing merchandise. Positioned near a primary entrance into the district with excellent foot traffic and visibility. Flexible leasing options available for qualified tenants. Price: Base Rent: $8.00-10.00 CAM: $3.00-5.00 Marketing: $1.50 Marketing: $1.50
- Located in-line with other retail
- Central Air Conditioning
- High Ceilings
- Drop Ceilings
- Emergency Lighting
- After Hours HVAC Available
- Finished Ceilings: 12’ - 14’
- Display Window
- Wheelchair Accessible
- Central location, Fenced rear access.
1st Floor, Ste 101-C South OWA Blvd
Versatile inline space available near the main entry point into Downtown OWA, a free open-air entertainment district. This second-generation former office space features a vanilla shell layout with private restroom, employee entrance, and an extended glass storefront offering excellent natural light and visibility. Suitable for office, retail, or specialty concepts. Flexible deal structures available for qualified operators. Price: Base Rent: $8.00-10.00 CAM: $3.00-5.00 Marketing: $1.50 Flexible deal structures available for qualified operators.
- Highly Desirable End Cap Space
1st Floor, Ste 101-D South OWA Blvd
Turnkey quick-service restaurant opportunity in the heart of Downtown OWA. Previously operated as a bakery, this inline space includes existing food and beverage infrastructure with commercial sink, mop sink, private office, employee access, and private restroom. The shotgun-style floorplan provides an efficient operational layout, while the location across from the island entry delivers excellent foot traffic exposure. Flexible leasing options available for qualified tenants. Price: Base Rent: $8.00-10.00 CAM: $3.00-5.00 Marketing: $1.50
- Located in-line with other retail
1st Floor, Ste 101-J South OWA Blvd
Exceptional end-cap leasing opportunity within Downtown OWA’s thriving entertainment district. This highly visible two-story former restaurant space is located adjacent to Tropic Falls at OWA and includes valuable existing restaurant improvements such as venting, hood system, grease trap, and walk-in coolers. Features also include private restrooms and employee access. Ideal for restaurant, bar, or experiential dining concepts. Flexible deal terms available for qualified operators. Price: Base Rent: $14.00-20.00 CAM: $3.00-5.00 Marketing: $1.50
- Highly Desirable End Cap Space
1st Floor, Ste 103-A South OWA Blvd
Exceptional freestanding F&B opportunity inside Downtown OWA’s vibrant entertainment district. This former restaurant space offers third-generation restaurant buildout with optional FF&E, private male and female restrooms, hood system, grease trap, venting, and walk-in coolers already in place. Additional highlights include a lakeside outdoor bar, multiple patio seating areas, and a covered performance stage ideal for live entertainment and guest engagement. Flexible deal terms available for qualified operators. Price: Base Rent: $17.00-20.00 CAM: $3.00-5.00 Marketing: $1.50
- Space is an outparcel at this property
1st Floor, Ste 200-C North OWA Blvd
Third-generation former eSports lounge space offering a flexible layout suited for entertainment, bar, or retail concepts. The space includes a private employee entry and a configurable cashwrap option, supporting efficient operations and adaptable customer flow. A striking warehouse-style façade paired with an expansive glass storefront creates strong street presence while maximizing transparency and interior visibility. The open floor plan provides a versatile foundation for experiential, hospitality, or retail-driven uses. Flexible deal structures available for qualified operators seeking a high-visibility opportunity in a dynamic environment. Price: Base Rent: $10.00-14.00 CAM: $3.00-5.00 Marketing: $1.50
- Located in-line with other retail
1st Floor, Ste 200-E North OWA Blvd
Inline grey-shell second-generation retail space offering a rare opportunity for tenant customization in a high-traffic destination setting. Former retail build-out includes a private employee entry and dedicated storage room, providing a strong operational foundation for a variety of concepts. The open-concept storefront features existing retail track lighting and a flexible layout ideal for efficient merchandising, dining, or experiential use. Positioned adjacent to a resort hotel, playground, and live performance theater, the space benefits from consistent foot traffic driven by both tourists and local visitors. Flexible deal structures available for qualified operators, allowing for creative leasing solutions to support long-term success in a dynamic entertainment district. Price: Base Rent: $8.00-10.00 CAM: $3.00-5.00 Marketing: $1.50
- Located in-line with other retail
1st Floor, Ste 200-F North OWA Blvd
Former QSR/snack and quick-serve beverage space offering a versatile grey-shell second-generation opportunity for a wide range of food, beverage, or retail concepts. The layout includes a private restroom, dedicated employee entry, storage room, and commercial sink, providing key back-of-house infrastructure already in place for efficient operations. Featuring an open-concept storefront with strong visibility and an efficient footprint, the space is well-suited for fast-casual, grab-and-go, or experiential retail uses. Ideally positioned within a high-traffic entertainment district adjacent to a resort hotel, playground, and live performance theater, the location benefits from consistent foot traffic throughout the day and evening. Flexible deal structures available for qualified operators seeking a prime opportunity in a dynamic, destination-driven environment. Price: Base Rent: $8.00-10.00 CAM: $3.00-5.00 Marketing: $1.50
- Located in-line with other retail
1st Floor, Ste 202-A North OWA Blvd
Rare freestanding 1st-generation opportunity with build-to-spec flexibility and stunning outdoor lakefront patio seating. Strategically located next to a live performance theater in a high-visibility setting with strong built-in traffic generators. Turnkey site advantages include no demolition requirements and flexible deal structures for qualified operators. Perfect for restaurant, bar, entertainment, or experiential concepts looking to establish a signature waterfront location. PRICE: Base Rent: $10.00-14.00/SF CAM: $3.00-5.00 Marketing: $1.50
- Space is an outparcel at this property
1st Floor, Ste 203-A North OWA Blvd
Freestanding anchor opportunity with FF&E options available, offering a highly desirable second-generation restaurant space with significant existing infrastructure in place. The layout includes private male and female restrooms, full venting, grease trap, hood system, and walk-in coolers, providing a strong operational foundation for a wide range of food and beverage concepts. Positioned as a high-visibility destination anchor, the building sits adjacent to a resort hotel and live performance theater, with direct connectivity to the pathway leading toward the OWA island entry bridge. The entire side elevation is lined with glass, delivering abundant natural light and sweeping lakeside views that enhance the guest experience and overall ambiance. Flexible deal structures available for qualified operators seeking a signature freestanding location within a premier entertainment and hospitality environment. Price: Base Rent: $17.00-20.00 CAM: $3.00-5.00 Marketing: $1.50
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 39,399 SF | Total Land Area | 99.96 AC |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Fast Food | Parking Ratio | 7.41/1,000 SF |
| Gross Leasable Area | 135,000 SF |
| Total Space Available | 39,399 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 135,000 SF |
| Total Land Area | 99.96 AC |
| Year Built | 2017 |
| Parking Ratio | 7.41/1,000 SF |
About the Property
OWA which includes Downtown OWA and OWA Parks & Resort is centered around Tropic Falls, featuring year-round island vibes in the region’s largest indoor water park plus outdoor wave pool and 23 theme-park attractions. Adjacent to Tropic Falls is Downtown OWA, Coastal Alabama’s go-to spot for dining, shopping and entertainment. OWA’s own TownePlace Suites and luxury RV park are on-site —all just minutes from Alabama beaches on the Foley Beach Express. Downtown OWA is open seven days a week; check website for Tropic Falls seasonal hours, special offers and calendar of events! visitowa.com
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Property Manager on Site
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Waterfront
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- On-Site Security Staff
Nearby Major Retailers
Contact the Leasing Agent
Downtown OWA | 101-203 N OWA Blvd




































