1841 Honeysuckle Rd - Office FOR SALE


Dothan, AL 36305
$1,954,000 USD
404-504-0023
1841 Honeysuckle Rd, Dothan, AL for Sale
$1,954,000 USD
Office - FOR SALE
1/6
null | 7% Cap Rate

1841 Honeysuckle Rd
Dothan, AL 36305


HIGHLIGHTS

  • Lease guaranteed by the U.S.A. Government (AA+ Credit Rating – S&P Global Ratings)
  • ±9.6 Year Lease - Firm Term Remaining with Ability to Remain at the Site for an Additional 5 Years
  • Excellent Access & Visibility Along Honeysuckle Road (12,715 VPD)

OVERVIEW

CBRE is pleased to exclusively offer for sale the 3,804-square-foot Internal Revenue Service (IRS) facility situated on 1.03 acres in Dothan, AL (MSA Population: 153,928). The site is leased to The United States of America—through its representative, the General Services Administration—under a gross lease with ±9.6 years of firm term remaining and the ability to remain at the site for an additional 5 years.

FOR SALE DETAILS

PRICE

$1,954,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Internal Revenue Service (IRS): Dothan, AL

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

-

APN/PARCEL ID

09-08-27-3-000-002-006

ASK ABOUT THIS PROPERTY

Ty GrenierCBREMore Info
404-504-0023

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Ty GrenierCBREMore Info
404-504-0023

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