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Property profile & analytics
OFF-MARKET
Lifestyle centers

1701 Us-98 Daphne, AL 36526

24,795 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Lifestyle centers
Total area 24,795 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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