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462 N Section St 600 SF of Retail Space Available in Fairhope, AL 36532
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 600 SF | 1-30 Years | $40.00 /SF/YR $3.33 /SF/MO $24,000 /YR $2,000 /MO | Triple Net (NNN) |
1st Floor
Welcome to 462 North Section Street, a beautifully finished 600 sq ft standalone building accompanied by an additional 900 sq ft structure available for lease directly behind it. Located less than a quarter mile from Downtown Fairhope and just steps from Mobile Bay, this property offers a rare combination of visibility, charm, and coastal proximity. The front 600 sq ft building features an open floor plan with a centrally located high-end sink and counter, making it ideal for retail, boutique, or showroom concepts. The additional 900 sq ft building, with rent negotiated separately or together with the 600 sq ft, includes three distinct areas: a welcoming entry, a large main space, and a back section equipped with a three-bay commercial sink—offering flexibility for a variety of business uses. This structure serves as a blank canvas for tenant vision. The Landlord is open to contributing toward tenant improvements, with participation based on the specifics of each proposal, allowing the future tenant to tailor the space to meet their operational needs. Commercial spaces with this level of location, view, and flexibility are rarely available on Section Street. Schedule your showing today before this opportunity is gone!
- 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.
SELECT TENANTS AT 462 N SECTION ST, FAIRHOPE, AL 36532
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Occasional Wife
- Public Administration
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Occasional Wife | Public Administration | 1 | - |
PROPERTY FACTS
| Total Space Available | 600 SF | Gross Leasable Area | 1,500 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Freestanding | Parking Ratio | 1.33/1,000 SF |
| Total Space Available | 600 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,500 SF |
| Year Built | 1960 |
| Parking Ratio | 1.33/1,000 SF |
ABOUT THE PROPERTY
Welcome to 462 North Section Street, a beautifully finished 600 sq ft standalone building accompanied by an additional 900 sq ft structure available for lease directly behind it. Located less than a quarter mile from Downtown Fairhope and just steps from Mobile Bay, this property offers a rare combination of visibility, charm, and coastal proximity. The front 600 sq ft building features an open floor plan with a centrally located high-end sink and counter, making it ideal for retail, boutique, or showroom concepts. The additional 900 sq ft building, with rent negotiated separately or together with the 600 sq ft, includes three distinct areas: a welcoming entry, a large main space, and a back section equipped with a three-bay commercial sink—offering flexibility for a variety of business uses. This structure serves as a blank canvas for tenant vision. The Landlord is open to contributing toward tenant improvements, with participation based on the specifics of each proposal, allowing the future tenant to tailor the space to meet their operational needs. Commercial spaces with this level of location, view, and flexibility are rarely available on Section Street. Schedule your showing today before this opportunity is gone!
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462 N Section St
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