PRICE IMPROVEMENT! 28791 US Highway 98

Retail-Commercial for Sale
Catylist Listing ID: 30866884
Building Size (RSF): 2,280 SF
Gross Building Area: See Agent
Gross Land Area: 1.95 Acres
Sale Price: $1,799,000
Unit Price: $789.04 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Last Updated: 4/9/2024

Overview / Comments

This investment property is listed with a single national tenant - One Water Marine/ Legendary Marine that operates "Sunrise Marine Daphne" business at that location.
The property is located on US 98 within one mile of I-10 and is strategically positioned in the main retail corridor in Daphne, AL right next to a busy car wash and alongside to many national hospitality, restaurant, and retail tenants: Home Depot, Bass Pro Shop, Dick's Sporting Goods, Waffle House, Zaxby's, etc.
Traffic count is 37,500 AADT.
The property sits on 1.95 acres with an easy access from US-98 through a service road and has one permanent building and one temporary building: temporary sales office (~1000 sqft) and a maintenance/ service facility (~2,280 sqft building).
The lease is onhand and can be sent to interested parties. The tenant has a first right of refusal to any offers that are accepted. No signage on the property at owner's request. All showing requests need to contact Joe Courtney 251-604-7189 or Manning Courtney 251-622-3590.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-43-03-06-0-004-010.002|1
Zoning: B2
Retail Clientele: Other
Property Visibility: Excellent
Largest Nearby Street: US 98
Tenancy: Single Tenant
Total Number of Buildings: 1
Year Built: 2017
Parking Type: Surface
Zoning Description: B2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,987 19,656 31,237
Median Age: 37.73 40.51 41.02
Households: 1,760 8,263 12,519

Contact

Photograph of Listing Agent

Manning Courtney

Courtney & Morris Real Estate, Inc. Gulf Coast CMLS Member
Photograph of Listing Agent

Joe Courtney

Courtney & Morris, Inc. Gulf Coast CMLS Member
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