For Sale
$3,115,000
98 And Lavender Ln Daphne, FL 36526
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- New 15-year corporate ground lease with Whataburger; 9% rent increases every five years and renewal options.
- Brand new 2024 construction featuring the latest prototype with a dual-lane drive-thru.
- Absolute NNN lease; zero landlord responsibilities.
- Excellent location with high visibility: outparcel to Target, adjacent to Chick-fil-A and the Daphne Police Department, on a hard corner at a signalized intersection along US Hwy 98, experiencing 35,943 vehicles per day (VPD).
- Strong demographics: 78,246 residents in the primary trade area with an average household income of $108,554.
- High-growth market: Located in Daphne, Alabama's largest and second-fastest-growing city in Baldwin County, within the Mobile-Daphne-Fairhope MSA (13 miles to downtown Mobile), and surrounded by numerous K-12 schools with a combined 7,643 students.
Property Details for 98 And Lavender Ln
- Property type
- Retail properties, Restaurants
- Square Feet
- 3,305 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 49,223 SF
Location Insight
- City
- Daphne
- County
- Escambia
- State
- Florida
FAQs
- Where is the retail property located?
- The property is located at 98 And Lavender Ln Daphne, FL.
- What is the asking price?
- The asking price for this property is $3,115,000.
- What are key features of this property?
- This property features: New 15-year corporate ground lease with Whataburger; 9% rent increases every five years and renewal options.; Brand new 2024 construction featuring the latest prototype with a dual-lane drive-thru.; Absolute NNN lease; zero landlord responsibilities.
- How can I contact the broker?
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