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Single-Tenant NNN Retail Property
For Lease
$1,511,000 NNN

1808 Us Highway 98, Daphne, AL 36526

O'Reilly Auto Parts occupies a retail building under a net lease with no landlord responsibilities.

Space SizeContact for details
Property Size6,800 SF
Lot Size0.56 Acres
Days on Market116

Property Features for 1808 Us Highway 98

General Information

Standard status Active
Size 6,800 SF
Lot size 0.56 Acres
Property subtype Retail
Net Operating Income $102,000

Additional Details

Space Use Retail

Building Details

Year Built 2006
Building Size 6,800 SF
Tenancy Single
Listing Agency: Bang Realty
Listed By: Robert Bender · License #BRK.200900214
Source: Fortisnetlease
Added: May 7 Changed: Aug 30 Last Checked: Aug 30 at 5:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty

Investment Insights

Based on property information with market context.

The property includes a 6,800-square-foot retail building completed in 2006 on a 0.56-acre parcel. O'Reilly Auto Parts is the sole occupant, and the lease is structured as NNN with zero landlord responsibilities. A five-year extension has been executed, and the agreement includes 8.0% rent increases every five years during the base term and renewal options.

The property is located at 1808 US-98 in Daphne, Alabama, along a retail corridor described as well trafficked and highly visible. Its position on US-98 provides a defined commercial setting for the existing automotive retail operation.

Key Highlights

  • Single‑tenant O'Reilly Auto Parts occupancy
  • 6,800‑square‑foot retail building on 0.56 acres
  • NNN lease with zero landlord responsibilities

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service HVAC Service Plumbing Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby
187k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 43% Dining 34% Shops & Services 14% Office Supplies 3%
Target Superstores
81,528 visits/mo 0.3 miles
Chick-fil-A Dining
27,916 visits/mo 0.4 miles
Shell Shops & Services
9,614 visits/mo 0.3 miles
SONIC Drive In Dining
7,369 visits/mo 0.3 miles
Chicken Salad Chick Dining
6,387 visits/mo 0.2 miles

Demographics for 36526, AL

35,720
Population
14,074
Households
2.5
Avg Household Size
40
Median Age
43%
College-Educated
94%
High-School Grad
37.7 sq mi
ZIP Area
947
Density / Sq Mi
$90,733
Median Household Income
$50,049
Median Earnings
$1,353
Median Rent
$311,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - O'Reilly Auto Parts occupies a retail building under a net lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 1808 Us Highway 98 Daphne, AL.
What is the lease rate?
The lease rate is $1,511,000.
What are key features of this property?
This property features: Single‑tenant O'Reilly Auto Parts occupancy; 6,800‑square‑foot retail building on 0.56 acres; NNN lease with zero landlord responsibilities
More about this property
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