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6251 Monroe St
Daphne, AL 36526
Office Property For Sale
Investment Highlights
- Excellent location with easy access from exit 35 of Interstate 10
- Close to high quality shopping: Town Center, Bass Pro Shop, Jubilee Square, and Eastern Shore Centre
Property Facts
Property Type
Office
Building Size
15,200 SF
Building Class
B
Year Built
1989
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,621 SF
Slab To Slab
10’
Building FAR
0.32
Lot Size
1.10 AC
Zoning
R4
Parking
57 Spaces (3.74 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Kitchen
- Air Conditioning
About 6251 MONROE ST , DAPHNE, AL 36526
8.05% cap rate; 100% leased with corporate guarantee by Carr Allison; Long-term lease (10x year term with 2x 5-yr renewal options); Full service lease with base year expense stop; 1% annual rent bumps; Excellent location with easy access from Exit 35 off I-10; Close to high quality shopping including Town Center, Bass Pro Shop, Jubilee Square, and Eastern Shore Centre; Baldwin County - a top growth county in the State of Alabama
Property Taxes
| Parcel Number | 43-03-06-0-004-032.003 | Improvements Assessment | $482,120 |
| Land Assessment | $89,000 | Total Assessment | $571,120 |
Property Taxes
Parcel Number
43-03-06-0-004-032.003
Land Assessment
$89,000
Improvements Assessment
$482,120
Total Assessment
$571,120
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