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Chipotle - Daphne AL 914 Van Ave

2,226 SF 100% Leased Retail Building Daphne, AL 36526 $3,069,000 ($1,379/SF) 5% Cap Rate

Restaurants Alabama Daphne 914 Van Ave, Daphne, AL 36526

Investment Highlights

  • 15-Year Lease | Corporate Guaranty | 2024 Construction | Scheduled Rental Increases | Leading Fast-Casual Chain
  • Off Signalized, Hard Corner Intersection | Fronting US Hwy 98 | Surrounding Retailers | Drive-Thru Equipped

Executive Summary

2024 CONSTRUCTION | QSR WITH DRIVE-THRU | CORPORATE GUARANTY

Attachments

Daphne AL - Chipotle

Property Facts

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,226 SF
Year Built
2024
Price
$3,069,000
Price Per SF
$1,379
Cap Rate
5%
NOI
$153,450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Land Acres
0.65 AC
Zoning
B-2 - GENERAL BUSINESS
Parking
5 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
612 FT on Van Avenue
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Nearby Major Retailers

The First Bank
Regions Bank
Waffle House
Flagstar Bank N.A.
WW
Taziki’s Mediterranean Café
Starbucks
Hancock Whitney Bank
Chicken Salad Chick
Anytime Fitness
(954) 302-7365

  • Listing ID: 32557515

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 914 Van Ave, Daphne, AL 36526

More public record information on 914 Van Ave, Daphne, AL 36526

The Retail Property at 914 Van Ave, Daphne, AL 36526 is currently available For Sale. Contact SRS Real Estate Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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914 Van Ave, Daphne, AL for sale Primary Photo- Image 1 of 9
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914 Van Ave, Daphne, AL for sale Building Photo- Image 7 of 9
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Chipotle - Daphne AL | 914 Van Ave
(954) 302-7365 x

Chipotle - Daphne AL | 914 Van Ave

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Patrick Nutt

(954) 302-7365

(954) 302-7365

William Wamble

(813) 371-1079

(813) 371-1079

Jarrett Slear

(813) 683-5115

(813) 683-5115

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