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    1701 US-98 Daphne, AL 36526

    Source: https://www.saltercompany.com
    For Lease
    $23 SF/Yr ($3,892 /Mo)

    High-visibility retail space available in new development.

    Lot size:
    2,031 SF

    Description

    Added:
    Mar 5, 2025
    Days on Market:
    285
    This 2,031 square foot retail space (Suite H) is located within the M&A Center, a new development in Daphne, Alabama. Situated on approximately 290 feet of frontage along the west side of US Highway 98, this property offers exceptional visibility and convenient access via a median cut. The M&A Center will ultimately encompass over 22,000 square feet of prime retail and commercial space. This location benefits from its proximity to major retailers such as Target and Chick-fil-A, ensuring high traffic and exposure. Phase I of the construction is slated for completion in late 2023. The space is a "vanilla box" delivery, allowing for complete tenant customization. Current tenants include Sanctuary Salon, Custom Beauty Nail Salon, Nothing Bundt Cake, Fyzical Therapy, and Teak House, creating a vibrant and diverse retail environment. The lease type is NNN, with an annual rate of $23 per square foot. Detailed floor plans are available upon request. This is an exceptional opportunity for businesses seeking a high-traffic, highly visible location in a thriving Daphne community.

    Property Features for 1701 US-98

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    2,031 SF
    USF (Usable sq. ft)
    2,031 SF
    Elevators
    N/A
    Total Rate
    3892.75

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 2,031 sq ft retail space available in Daphne, AL's M&A Center.
    • High‑visibility location on US Hwy 98, across from Target and Chick‑fil‑A.
    • NNN lease; Vanilla box delivery; joins established businesses in a new development.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Daphne
    State
    Alabama
    Longitude
    -88.228145
    Latitude
    30.694227

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    FAQs

    What type of property is this?
    Other retail property - High-visibility retail space available in new development.
    Where is this other retail property located?
    The property is located at 1701 US-98 Daphne, AL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 2,031 sq ft retail space available in Daphne, AL's M&A Center.; High-visibility location on US Hwy 98, across from Target and Chick-fil-A.; NNN lease; Vanilla box delivery; joins established businesses in a new development.
    (251) 342-7229
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    Daphne, AL 36526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 US-98 Daphne, AL 36526
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