2855 Ross Clark Cir - Storefront FOR SALE
Dothan, AL 36301 |
$3,394,000 USD
904-378-6228
2855 Ross Clark Cir
Dothan, AL 36301
HIGHLIGHTS
- With 25.75% occupancy in a high-traffic, 3.3%-vacancy corridor, the property offers a new owner strong stabilization and cash-flow upside
- The property offers 23,792 square feet of vacancy in 1,250–4,300 SF units, providing highly desirable spaces for local and regional tenants
- The property is priced well below replacement cost and received a new roof in 2021, a clear path to stabilization and lease up for a new owner
- Located at 2855 Ross Clark Circle between I-231 and Montgomery Highway, the property benefits from strong local activity and regional through-traffic
- Metro West Plaza has 396 feet of frontage on Ross Clark Circle with 33,549 AADT, providing strong location fundamentals in a tight trade area
- The asset sits in a heavily trafficked commercial corridor surrounded by hotels, national restaurants, apartments, and medical offices
FOR SALE DETAILS
PRICE
$3,394,000 USD
PRICE/SF
$103 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Metro West Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
135
LAND DETAILS
LAND ACRES
2.68 AC
LAND SF
116,741 SF
ZONING
-
APN/PARCEL ID
09-05-22-3-002-007-002
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904-378-6228
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904-378-6228
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