107 Apple ave - Retail FOR SALE


Dothan, AL 36303
$1,834,756 USD
516-477-7026
107 Apple ave, Dothan, AL for Sale
$1,834,756 USD
Retail - FOR SALE
1/2
null | 6.75% Cap Rate

107 Apple ave
Dothan, AL 36303


HIGHLIGHTS

  • Demographics Supporting Long-Term QSR Demand
  • Nearby Schools and Education-Based Demand
  • Regional Access and Airport Connectivity
  • Dense National Retail and Restaurant Co-Tenancy

OVERVIEW

Surmount is pleased to present the exclusive listing for a Popeyes located at 107 Apple Avenue, Dothan, AL 36303. The site consists of roughly 2,695 rentable square feet of building space on an estimated .93-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $123,846 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$1,834,756 USD

PRICE/SF

$681 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

APN/PARCEL ID

0904170000004059

ASK ABOUT THIS PROPERTY

James WesterbergSurmountMore Info
516-477-7026

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James WesterbergSurmountMore Info
516-477-7026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.