Space AvailabilityTotal: 17
| Unit Name | Floor | Unit No | Size | Term | Lease Rate | Condition |
|---|---|---|---|---|---|---|
557-559 Fairhope Ave Fairhope | Suite 107 - 559 | 1,360 SF | 5+ years | $40/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 209 - 559 | 1,107 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhop | Suite 106 - 559 | 1,424 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhop | Suite 108 - 557 | 1,360 SF | 5+ years | $40/SF/YR | ||
557-559 Fairhope Ave Fairhop | Suite 110 - 557 | 1,373 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhop | Suite 109 - 557 | 1,424 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 206 - 559 | 2,115 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 105 - 559 | 1,373 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 212 - 557 | 665 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 111 - 557 | 1,192 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 208 - 559 | 686 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 211 - 557 | 805 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 213 - 557 | 845 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 205 - 559 | 866 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 207 - 559 | 686 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | Suite 214 - 557 | 820 SF | 5+ years | $39/SF/YR | ||
557-559 Fairhope Ave Fairhope | 1st | Suite 104 - 559 | 1,642 SF | 5+ years | $39/SF/YR |
Highlights
•Retail: Prime retail opportunities with direct frontage on Fairhope Avenue, featuring wide sidewalks, courtyard access, parking, and excellent visibility. Units begin at 1,192 SF. •Office: Nine office suites available, ranging from 665 SF to 2,115 SF, each fully improved and delivered in turn-key condition. •Rates & Expenses: Base rate of $39.00–$40.00/SF with 3% annual increases; estimated expenses at $7.00/SF for Year 1.
Description
The final phase of PORTICO in Downtown Fairhope, AL features two mixed-use buildings designed for retail and office use, separated by a thoughtfully designed common courtyard that provides attractive outdoor space. The ground floor offers approximately 11,148 SF of retail space, while the second floor provides around 13,000 SF of office space. Currently under construction, the anticipated completion is February 2026. The buildings’ architecture aligns with the high-quality design of the previous PORTICO phases, which include over 15,000 SF of commercial/office space and 12 luxury residential cottages.
Lease Details
- Lease Length
Long Term (>3 Years)
- Category
mixed-use-retail / mixed-use-office
- Tenancy
Multiple
- Space Name
Portico
- Lease Type
Triple Net (NNN)
- Lease Model
Direct
- Lease Rate Type
Yearly
- Total Lease Rate
Undisclosed
- Vacant Area
22,235 SF
- Lot Size
2.06 AC
- No of Buildings
2
- No of Stories
2
- Maximum Contiguous
2,115 SF
- Space Location
557 Fairhope Ave, Fairhope, AL 36532
Property Details
- Total Building Space
25,000 SF
- No of Spaces/Suites
17
- Minimum Divisible
665 SF
- Year Built
2025