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Outparcel & Retail Space for Lease 24701 State St 26,100 SF of Retail Space Available in Elberta, AL 36530
Highlights
- Prime retail leasing opportunity
- Outparcel opportunities available
- Multi-tenant retail building with flexible suite configurations
- High visibility and accessibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 26,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
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.
Site Plan
Property Facts
| Total Space Available | 26,100 SF | Gross Leasable Area | 26,100 SF |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 26,100 SF |
| Property Type | Retail |
| Gross Leasable Area | 26,100 SF |
| Construction Status | Proposed |
About the Property
The property is planned as a modern retail shopping center designed to accommodate a diverse mix of tenants, featuring a primary multi-tenant retail building complemented by additional pad sites for flexible use. The layout incorporates multiple storefronts with strong visibility, convenient access points, and thoughtfully designed traffic flow to support customer ease and circulation. Ample on-site parking is distributed throughout the development, along with dedicated areas that can support drive-thru or quick-service concepts. Market Overview: • Baldwin County AL is the sixth-fastest -growing metro area in the United States with a population increase of 51.05% between 2010-2020. • According to the 2020 U.S. Census, the population of Baldwin County was officially recorded at 231,767 residents. While the county has fourteen incorporated municipalities, ranging in size & density, most of the Baldwin's population resides in the rural, unincorporated areas. • 2026 Estimated population is 276,610, reflecting a 2.79% growth rate. • The Property is located on Highway 98 a major connection between Pensacola and Foley AL with Traffic counts increasing to 14,455 VPD in 2024 from 10,792 VPD in 2020(33.9% over 4 years) • Baldwin County boasts 680,000+ workers in the regional labor force and access to top-tier education and training programs. The community provides the talent that businesses need to thrive today and tomorrow.
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Outparcel & Retail Space for Lease | 24701 State St
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