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Portico
557 Fairhope Ave, Fairhope, AL 36532
Available Now
Undisclosed
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1 / 2
FOR LEASEMixed Use / Retail + Office
Total Building Space
25,000SF
Lot Size
2.06AC
Year Built
2025
Vacant Area
22,235SF
Maximum Contiguous
2,115SF
Minimum Divisible
665SF
Listing Contacts
1 / 2
More property details
No of Buildings
2
No of Stories
2
No of Spaces/Suites
17
Tenancy
Multiple
Lease Type
Triple Net (NNN)
Lease Rate Type
Yearly
Category
Mixed Use Retail / Mixed Use Office
Lease Model
Direct
Lease Length
Long Term (>3 Years)
Available
Sep 3, 2025
Space Availability
Total: 17Unit Name
Floor
Unit No
Size
Term
Lease Rate
Condition
Location
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Portico
About the location
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.
Location 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.