Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Hammered Crab located at 1220 Gulf Shores Pkwy in Gulf Shores, AL. This single-tenant retail property consists of 3,757 SF of building space on 0.5 acres of land, recently renovated in 2024. The property is strategically positioned on Gulf Shores Pkwy (Hwy 59), a high-traffic corridor with an annual average daily traffic count of 46,741 vehicles, ensuring excellent visibility and accessibility with 75 feet of frontage. It is surrounded by national retailers including Walmart, Publix, Rouses Markets, Walgreens, and many others, creating a vibrant commercial hub. Notably, it is just 1 mile from the Gulf Shores Public Beach, a major tourist attraction, making it ideal for both locals and visitors. Gulf Shores is a premier tourist destination, attracting millions of visitors each year who significantly boost the local economy. In 2022, the area welcomed 6.4 million visitors who spent $6.6 billion, and recent data shows continued strength in tourism revenue, with record retail sales exceeding $1.4 billion in 2023. This robust tourism economy ensures a steady flow of customers, particularly benefiting restaurants and retail in high-visibility locations like this one. The area also boasts a strong average household income of $95,195 within a 1-mile radius, indicating a financially capable local population that complements seasonal tourist traffic. With its prime location and the thriving economic environment of Gulf Shores, this property offers investors a unique opportunity to acquire a high-performing asset in a growing market. The combination of a bustling location, strong financial metrics, and proximity to both commercial amenities and tourist attractions makes it an attractive option for immediate returns and long-term growth