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Polo Crossing - Fairhope, Alabama 19686 Greeno Rd 9,429 SF 100% Leased Retail Building Fairhope, AL 36532 $3,450,000 ($365.89/SF)
INVESTMENT HIGHLIGHTS
- Strong Center with Diverse Tenant Mix and Drive-Thru
- Commercial Frontage on Greeno Road, the City’s Major Roadway That Runs through the Heart of Fairhope
- Rare Opportunity to Buy a New-Construction Neighborhood Center in Highly-Sought After Fairhope Market
- Located Just 1-Mile North of Fairhope High School and 1-Mile South of Thomas Hospital
- Surrounded by National Retailers and New Construction Projects
- Located in Baldwin County – the Fastest Growing County in the State of Alabama
EXECUTIVE SUMMARY
Herrington Realty is pleased to present the opportunity to acquire Polo Crossing, a multi-tenant retail center located at 19686 Greeno Road in Fairhope, Alabama. Constructed in 2023, the center offers 9,429 square feet of gross leasable area (GLA) on 1.78 acres and is fully occupied (100%) by 5 diverse tenants—one of which features a drive-thru lane. Polo Crossing has great visibility with commercial frontage on Greeno Road, which sees over 25,500 VPD and is one of Fairhope’s main roadways. The subject property is located just 1-mile north of Fairhope High School and 1-mile south of Thomas Hospital. The property is surrounded by major retailers and new construction projects.
Fairhope is a vibrant city renowned for its high quality of life and dynamic local economy, frequently celebrated by Southern Living magazine as one of the top small towns in the South for its coastal charm, thriving arts community, and spirited community events. With a growing population and rising retail sales, Fairhope has become home to some of the most sought-after property in the entire state which makes this offering a prime opportunity for investors looking to enter one of the fastest growing markets in the state of Alabama.
Fairhope is a vibrant city renowned for its high quality of life and dynamic local economy, frequently celebrated by Southern Living magazine as one of the top small towns in the South for its coastal charm, thriving arts community, and spirited community events. With a growing population and rising retail sales, Fairhope has become home to some of the most sought-after property in the entire state which makes this offering a prime opportunity for investors looking to enter one of the fastest growing markets in the state of Alabama.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
9,429 SF
Year Built
2023
Price
$3,450,000
Price Per SF
$365.89
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.78 AC
Zoning
Commercial
NEARBY MAJOR RETAILERS
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Polo Crossing - Fairhope, Alabama | 19686 Greeno Rd
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