For Lease
$25/SF/YR

1203 US-98 Daphne, AL 36526

Executive suites & coworking in thriving Market Place.

Source: https://www.saltercompany.com

Overview

Added:
Mar 11
Days on market:
48
This exceptional 9,216 square foot commercial property in Daphne, Alabama, presents a unique investment opportunity. Located at 1203 US-98, 36526, this freestanding building complex offers versatile space currently configured as executive suites and coworking areas. Boasting a high occupancy rate of 95-100%, the property generates strong, consistent income. The current lease structure is a gross lease with an annual rate of $25 per square foot. The building features multiple common areas, providing ample space for tenant interaction and collaboration. Its adaptable design allows for a variety of uses, making it ideal for both its current configuration and future retail or commercial ventures. The property's location within the bustling Market Place ensures high visibility and accessibility. With its proven track record and flexible layout, this property is an excellent choice for investors seeking a stable and potentially expanding income stream. The total usable square footage mirrors the rentable square footage at 9,216 square feet. This property is a turnkey operation ready for immediate income generation.

Highlights

  • 9,216 square feet of executive suites and coworking space available for lease.
  • Located in Daphne, Alabama, offering versatile space for various business needs.
  • Currently boasts 95-100% occupancy, presenting a strong investment opportunity.

Property Details for 1203 US-98

Property type
Office properties, Coworking space
Lease Type
Gross
RSF (Rentable sq. ft)
9,216 SF
USF (Usable sq. ft)
9,216 SF
Class
C
Year Built/Renovated
1980/2019
Buildings
1
Stories
2
Elevators
N/A
Lease Type
Gross

Location Insight

City
Daphne
County
Baldwin
State
Alabama

FAQs

What type of property is this?
Office property - Executive suites & coworking in thriving Market Place.
Where is the office property located?
The property is located at 1203 US-98 Daphne, AL.
What is the lease rate?
The lease rate is $25/SF/YR.
What are key features of this property?
This property features: 9,216 square feet of executive suites and coworking space available for lease.; Located in Daphne, Alabama, offering versatile space for various business needs.; Currently boasts 95-100% occupancy, presenting a strong investment opportunity.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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1203 US-98
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