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1808 US Highway 98
Daphne, AL 36526

$1,511,000 USD

Freestanding For Sale  •  6,800 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,800 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 2006
  • Tenancy Single
  • Zoning B-2
40 Walk Score

Highlights

Long-Term NNN Lease: 5 year extension executed with zero landlord responsibilities
Credit Tenant: Leased to O'Reilly Auto Parts, a nationally recognized and established automotive retailer
Attractive Returns: Offered at a 6.75% cap rate
Rent Growth: Built-in 8.0% rent increases every five years throughout the base term and renewal options
Strategic Location: Positioned along US-98 in Daphne, AL, a well trafficked retail corridor with strong visibility
Efficient Asset Size: ±6,800 SF building situated on a 0.56-acre parcel, ideal for long-term single-tenant occupancy

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Mobile International 27 min - 17.3 mi
Mobile Regional 47 min - 26.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Robert Bender 248-254-3406 Fortis Net Lease
Robert Bender 248-254-3406 Fortis Net Lease