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    1701 Us-98 Daphne, AL 36526

    For Lease
    $23 SF/Yr

    High-Visibility Retail Space in Daphne, AL

    Lot size:
    24,795 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail center, the M&A Center, offers 24,795 square feet of prime commercial space in Daphne, Alabama. Strategically located on US Highway 98, boasting approximately 290 feet of frontage, it benefits from high visibility and easy access. Currently undergoing renovations completed in 2023, the single-story building features eight spaces, with a minimum divisible space of 1,462 square feet and a maximum contiguous space of 2,031 square feet. 3,493 square feet are currently vacant. The property sits on a 2.24-acre lot and enjoys a prime location directly across from Target and Chick-fil-A, ensuring high traffic and excellent exposure. The center is a "vanilla box" delivery, offering flexibility for tenant build-outs. Current tenants include Sanctuary Salon, Custom Beauty Nail Salon, Nothing Bundt Cake, Fyzical Therapy, and Teak House. This is an unparalleled opportunity to secure retail space in a thriving Baldwin County location. Phase I of the development is expected to be completed in late 2023.

    Property Features for 1701 Us-98

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,795 SF
    Total Rate
    47523.75

    Building Details

    Year Renovated
    2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite H
    Size
    2,031 SF
    Rate per SF
    $23
    Space
    Suite I
    Size
    1,462 SF
    Rate per SF
    $23

    HighLights

    • 24,795 square feet of retail space in Daphne, AL.
    • High‑visibility location on US Highway 98 with approximately 290 feet of frontage.
    • Recently renovated (2023), single‑story building with eight suites.
    • Minimum 1,462 SF and maximum 2,031 SF contiguous spaces available; 3,493 SF currently vacant.
    • Located on a 2.24‑acre lot across from Target and Chick‑fil‑A.
    • Vanilla box delivery, offering tenant build‑out flexibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.89829708
    Latitude
    30.60194579

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    FAQs

    What type of property is this?
    Lifestyle center - High-Visibility Retail Space in Daphne, AL
    Where is this lifestyle center 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: 24,795 square feet of retail space in Daphne, AL.; High-visibility location on US Highway 98 with approximately 290 feet of frontage.; Recently renovated (2023), single-story building with eight suites.
    Request Owner's contact information
    1701 Us-98 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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