2927 Ross Clark Cir - Storefront FOR SALE


Dothan, AL 36301
$1,751,000 USD
813-434-8278
2927 Ross Clark Cir, Dothan, AL for Sale
$1,751,000 USD
Storefront - FOR SALE
1/10
null | 6.5% Cap Rate

2927 Ross Clark Cir
Dothan, AL 36301


HIGHLIGHTS

  • Recently Extended Lease | Options To Extend | Annual Rental Increase | Established Tenant
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Nearby National Credit Tenants | High Traffic Counts | Excellent Visibility & Access
  • New Amazon Distribution Facility | Strong Regional Connectivity New Developments | Infrastructure Improvements
  • Strong Demographics In Immediate Trade Area

OVERVIEW

• AT&T recently exercised its option and extended the lease through 2032 • Established credit tenant operating at the site since 1996 • Lease features 2% annual rental increases, steadily growing NOI and providing a hedge against inflation

FOR SALE DETAILS

PRICE

$1,751,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT&T - Dothan AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

Commercial

APN/PARCEL ID

09-05-22-3-002-002-003

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

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