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24951 Perdido Beach Blvd
Orange Beach, AL 36561
Asking Price
$5.95M
Asset Type
Executive Office Retail
Class
Class B
What's Special
Retail | 14,772 SqFt <ul><li>120’ Perdido Beach Blvd Frontage</li><li>2.1 Acres of premium General Business-zoned land</li><li>120 Feet of Frontage on Perdido Beach Blvd – Orange Beach’s main commercial artery</li><li>High-Visibility Site surrounded by retail, tourism, and booming development</li><li>Building #1 (Lot 1B – Front Parcel | ±0.79 Acres):</li><li>±11,172 SF Total / ±9,972 SF Net Rentable</li><li>Two-Story Low-Rise Office Building - Partially occupied by a tenant</li><li>Paved parking lot with 40
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NOI
$80,000
Cap Rate
1.34%
DSCR
0.23
Underwater
Cash-on-Cash
-15.31%
Monthly Payment
$29,437.354
Annual Cash Flow
$-273,248.243
