M & A Center
Shopping Center
for Lease
Also listed as Retail-Commercial
| Catylist Listing ID: |
30842228 |
| Property Subtypes: |
Community Center, Strip Center
|
| Contiguous Space: |
1,462 - 5,555 SF |
| Total Available: |
10,505 SF |
| Gross Building Area: |
22,640 SF |
| Gross Land Area: |
2.60 Acres
|
| Lease Rate: |
$23 - 28 PSF (Annual)
|
| Base Monthly Rent: |
$2,802 - 4,247 |
| Lease Types: |
NNN |
| Building Name: |
M&A Center |
| Last Updated: |
4/19/2024 |
Overview / Comments
|
Prominently positioned on approximately 290' of frontage on the west side of US Highway 98 in Daphne, AL, M&A Center will ultimately consist of over 22,000 sf of prime retail and commercial space for lease. Located directly across from Target and Chick-Fil-A, the new development will have excellent visibility, and great access via the median cut on Hwy 98. Construction is currently underway, with Phase I expected to be delivered late 2023. See the attached floor plan for the proposed layout of the 8 spaces planned. Contact Stirling for additional details.
|
| Space Available: |
1,500 SF |
| Lease Rate: |
$28 PSF (Annual)
$3,500 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Retail space located in M & A Center fronting Hwy 98. Space to be delivered in vanilla box condition, to include restroom, janitorial closet, HVAC, painted demising walls, suspended ceiling system, and power meter. Last remaining space with Highway 98 frontage. Join Sanctuary Salon, Custom Beauty Nail Salon, and Nothing Bundt Cakes. |
| Date Available: |
6/1/2024 |
| Space Type: |
New |
| Tax Expenses |
$1.50 PSF (Annual) |
| Operating Expenses |
$1.25 PSF (Annual) |
| CAM Expenses |
$1.25 PSF (Annual) |
| Status: |
Pending |
| Space Available: |
3,450 SF |
| Lease Rate: |
$26 PSF (Annual)
$7,475 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Retail space located in M & A Center fronting Hwy 98. Building is currently being renovated and spaces E-H will be ready near May of 2024 in "vanilla shell" condition. |
| Date Available: |
4/1/2024 |
| Space Type: |
New |
| Space Available: |
2,216 SF |
| Max Contiguous: |
5,555 SF |
| Lease Rate: |
$23 PSF (Annual)
$4,247 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Commercial space located in M & A Center fronting Hwy 98. Vanilla box delivery by Landlord |
| Date Available: |
6/1/2024 |
| Space Type: |
New |
| Tax Expenses |
$1.50 PSF (Annual) |
| Operating Expenses |
$1.25 PSF (Annual) |
| CAM Expenses |
$1.25 PSF (Annual) |
| Space Available: |
1,877 SF |
| Max Contiguous: |
5,555 SF |
| Lease Rate: |
$23 PSF (Annual)
$3,597 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Commercial space located in M & A Center fronting Hwy 98. Vanilla Box delivery by Landlord. Join Sancturary Salon, Custom Beauty Nail Salon, Nothing Bundt Cake, Fyzical Therapy, and Teak House. |
| Date Available: |
6/1/2024 |
| Space Type: |
New |
| Tenant Improvements Allowance |
$1.50 |
| Moving Allowance |
$125 |
| Lease Buyout Allowance |
$1.25 |
| Space Available: |
1,462 SF |
| Max Contiguous: |
5,555 SF |
| Lease Rate: |
$23 PSF (Annual)
$2,802 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
New commercial space available in M&A Center. Vanilla Box delivery by Landlord. |
| Date Available: |
6/1/2024 |
| Space Type: |
Relet |
| Tax Expenses |
$1.50 PSF (Annual) |
| Operating Expenses |
$1.25 PSF (Annual) |
| CAM Expenses |
$1.25 PSF (Annual) |
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Baldwin County |
| Tax ID/APN: |
05-43-04-20-2-000-049.000 |
| Property Located Between: |
Sonic and Daphne Antique Galleria |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US Hwy 98 |
| Highway Access: |
Direct access from Hwy 98, with median cut |
| Site Description: |
2.6 acre site, with surface parking on the north side |
| Area Description: |
Vibrant retail corridor, with national retailers and restaurants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Renovated: |
2023 |
| Roof Type: |
Gable |
| Exterior Description: |
Totally renovated building, with new stucco facade, storefront, awnings |
| Parking Type: |
Surface |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Interior Description: |
Spaces to be delivered in vanilla box condition, to include restrooms, HVAC unit, power meter, and electrical. Tenants are responsible for painting, flooring, and interior improvements. |
| Lot Frontage: |
290 |
| Lot Depth: |
324 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,399 |
11,400 |
34,915 |
| Median Age: |
46.72 |
41.35 |
40.97 |
| Households: |
1,811 |
4,554 |
13,991 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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