Miscellaneous
ABC Select Spirits (State of AL)
1514 Gulf Shores Pkwy, Gulf Shores, AL 36542
Listing Price: $1,393,000
Investment Overview
Marcus & Millichap is pleased to present ABC Select Spirits, a high-visibility retail investment located at 1514 Gulf Shores Parkway in Gulf Shores, Alabama. The property is leased to the Alabama Alcoholic Beverage Control Board (ABC), a State of Alabama–backed tenant, providing investors with strong
credit quality and highly reliable rent payments. This offering combines durable tenancy with premier coastal corridor exposure in one of Alabama’s most trafficked tourism markets.
ABC Select Spirits (State of AL)
Investment Highlights
- Long-Term State Credit Tenant: Leased to the Alabama Alcoholic Beverage Control Board, a State of Alabama–backed tenant, providing strong credit quality and highly reliable rent payments.
- High-Visibility Gulf Shores Parkway Location: Situated along Gulf Shores Parkway (Highway 59)—the primary commercial and commuter corridor connecting Interstate 10 to Gulf Shores and Orange Beach.
- Lease Term Through 2033: Approximately eight years of remaining primary term (through April 30, 2033).
Exclusively Listed By
Listing Price: $1,393,000
Investment Highlights
- Long-Term State Credit Tenant: Leased to the Alabama Alcoholic Beverage Control Board, a State of Alabama–backed tenant, providing strong credit quality and highly reliable rent payments.
- High-Visibility Gulf Shores Parkway Location: Situated along Gulf Shores Parkway (Highway 59)—the primary commercial and commuter corridor connecting Interstate 10 to Gulf Shores and Orange Beach.
- Lease Term Through 2033: Approximately eight years of remaining primary term (through April 30, 2033).
Investment Overview
Marcus & Millichap is pleased to present ABC Select Spirits, a high-visibility retail investment located at 1514 Gulf Shores Parkway in Gulf Shores, Alabama. The property is leased to the Alabama Alcoholic Beverage Control Board (ABC), a State of Alabama–backed tenant, providing investors with strong credit quality and highly reliable rent payments. This offering combines durable tenancy with premier coastal corridor exposure in one of Alabama’s most trafficked tourism markets.
Exclusively Listed By
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