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