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Cobb Theatre 3780 Gulf Shores Pky 53,170 SF of Retail Space Available in Gulf Shores, AL 36542



Highlights
- Large-Format ±53,170 SF Freestanding Building – Rare opportunity to secure a single-tenant, high-capacity retail asset in the Gulf Shores market.
- Expansive ±7.15-Acre Site – Provides strong building presence, excellent circulation, and ample surface parking capacity, ideal for high-traffic
- Prime Gulf Shores Parkway Frontage – Positioned along one of the area’s primary commercial corridors.
- Former Movie Theater with Efficient Open Layout – Existing infrastructure and expansive floor plate support entertainment, experiential retail.
- Exceptional Parking Ratio – Approximately 18.96 spaces per 1,000 SF, accommodating large crowds and peak demand during seasonal tourism periods
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 53,170 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
3780 Gulf Shores Parkway is a prominent freestanding retail building totaling approximately 53,170 SF and situated on a ±7.15-acre site along one of Gulf Shores’ primary commercial corridors. Constructed in 2005, the property was formerly occupied by a movie theater and offers a large, open floor plate that lends itself well to entertainment, retail, recreational, fitness, or adaptive re-use concepts. The space is currently being marketed as retail and is offered as a single availability with negotiable lease terms and rental rate available upon request, with projected availability beginning February 1, 2026. The property benefits from excellent visibility and access along Gulf Shores Parkway, a heavily traveled artery that serves both year-round residents and significant seasonal tourist traffic. Site enhancements include prominent signage opportunities, a dedicated turn lane, and ample surface parking with an estimated parking ratio of approximately 18.96 spaces per 1,000 SF, supporting high-traffic and destination users. The expansive site allows for efficient ingress and egress and strong on-site circulation, making it suitable for high-volume operators or users requiring substantial parking capacity. Located in immediate proximity to major retail, hospitality, and residential destinations, the property is positioned to capitalize on strong tourism demand and consistent local consumer traffic. Its size, visibility, and infrastructure provide a unique opportunity for tenants seeking a large-format presence in one of Alabama’s most active coastal markets
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Movie Theater
- Space is an outparcel at this property
- Central Air Conditioning
- Security System
- Wheelchair Accessible
- ±53,170 SF freestanding retail building
- Former movie theater
- Situated on approximately ±7.15 acres,
- Outstanding parking ratio of approximately 18.96
- Prominent frontage along Gulf Shores Parkway
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.
Select Tenants at Cobb Theatre
- Tenant
- Description
- US Locations
- Reach
- CMX Cinemas
- Cinema
- 43
- National
| Tenant | Description | US Locations | Reach |
| CMX Cinemas | Cinema | 43 | National |
Property Facts
| Total Space Available | 53,170 SF | Total Land Area | 7.15 AC |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Movie Theater | Parking Ratio | 18.96/1,000 SF |
| Gross Leasable Area | 53,170 SF |
| Total Space Available | 53,170 SF |
| Property Type | Retail |
| Property Subtype | Movie Theater |
| Gross Leasable Area | 53,170 SF |
| Total Land Area | 7.15 AC |
| Year Built | 2005 |
| Parking Ratio | 18.96/1,000 SF |
About the Property
3780 Gulf Shores Parkway is a highly visible, freestanding retail property totaling approximately 53,170 square feet and situated on a ±7.15-acre site within one of Gulf Shores’ primary commercial corridors. Constructed in 2005, the property was formerly operated as a movie theater and offers a large, open interior layout that can accommodate a wide range of high-capacity and destination-oriented uses, including entertainment, fitness, recreational, and experiential retail concepts. The space is currently marketed as retail, with lease terms negotiable and rental rate available upon request, and is expected to be available for occupancy beginning February 1, 2026. The property benefits from significant frontage along Gulf Shores Parkway, providing strong exposure to both local traffic and the area’s substantial seasonal tourism base. Site attributes include a dedicated turn lane, efficient ingress and egress, and prominent signage opportunities, enhancing accessibility and brand visibility for future tenants. The expansive site supports ample surface parking, with an estimated parking ratio of approximately 18.96 spaces per 1,000 SF, making the property well-suited for high-volume users and large public venues. Surrounded by established retail, hospitality, and residential development, 3780 Gulf Shores Parkway offers a rare large-format opportunity in a supply-constrained coastal market. Its scale, infrastructure, and strategic location position the property as an attractive option for users seeking a dominant presence in one of Alabama’s most active leisure and tourism-driven trade areas.
- Dedicated Turn Lane
- Signage
Nearby Major Retailers
Presented by
Cobb Theatre | 3780 Gulf Shores Pky
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