3340 Ross Clark Cir - Restaurant FOR SALE


Dothan, AL 36303
$3,200,000 USD
202-775-4663
3340 Ross Clark Cir, Dothan, AL for Sale
$3,200,000 USD
Restaurant - FOR SALE
1/16
null | 7.5% Cap Rate

3340 Ross Clark Cir
Dothan, AL 36303


HIGHLIGHTS

  • Attractive 7.5% in-place cap rate
  • 10% Rent Increase, every 5 years
  • Daily traffic count, 33,179

OVERVIEW

ONE Street Commercial Properties in association with Bang Realty is excited to present this exceptional opportunity for retail and restaurant investors. New 10 Year Absolute NNN Lease just signed by the Tenant who has operated out of the property since 2002. This 10,483 SF building, constructed in 2001, with Golden Corral as the current tenant offers a modern and spacious setting ideally suited for diverse retail and dining concepts. Boasting a strategic location with high visibility, the property ensures prominent exposure to potential customers. With a flexible layout and ample parking on the 2.66 acre lot, this well-maintained space provides an inviting and convenient environment for businesses to prosper. Its contemporary construction and prime positioning make it an attractive choice for investors aiming to establish or expand their presence in the dynamic Dothan market, presenting ample potential for the realization of retail and culinary ventures. Highlights - Attractive 7.5% in-place cap rate - 10% Rent Increase, every 5 years - Daily traffic count, 33,179

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden Corral

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

116,000 SF

ZONING

-

APN/PARCEL ID

09-05-15-2-001-021-000

ASK ABOUT THIS PROPERTY

Kevin BrandesSamson Commercial Properties, Broker | ONE StreetMore Info
202-775-4663

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Kevin BrandesSamson Commercial Properties, Broker | ONE StreetMore Info
202-775-4663

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