Stirling Properties announces a new Tom Thumb development planned for The Wharf mixed-use property in Orange Beach, Alabama.
Tom Thumb recently purchased 3.94 acres of land located at the intersection of Canal Road and Wharf Parkway East in Orange Beach for the development of a Tom Thumb convenience store, gas pumps and car wash. Other planned improvements for the property will also incorporate a Burger King and Cinnabon. Construction is expected to commence soon.
Jeff Barnes, CCIM, Senior Advisor with Stirling Properties, represented the seller in the transaction. Lydia Franz, with Re/Max of Orange Beach, represented Tom Thumb.
Positioned on 222 acres along the south side of the Intracoastal Waterway in Orange Beach, Alabama, The Wharf is one of the most dynamic and inviting mixed-use destinations along the Gulf Coast. Consisting of more than 380,000 square feet of commercial lease space, the current mix of tenants includes retail shopping, entertainment, bar and restaurant options, office and professional services, a 15-screen movie theater, a 10,000-seat amphitheater, a 112′ Ferris wheel, residential condominiums, convention space, meeting facilities, a 170-slip marina, and a 132-room SpringHill Suites by Marriott. Sites and land for additional development and build-to-suit also exist.