704 Murray Rd - Warehouse FOR SALE


Dothan, AL 36303
$1,255,459 USD
334-406-1161
704 Murray Rd, Dothan, AL for Sale
$1,255,459 USD
Warehouse - FOR SALE
1/7
null | 8.5% Cap Rate

704 Murray Rd
Dothan, AL 36303


HIGHLIGHTS

  • 18,000 SF total building area (shop + office space)
  • 4 total tenants - long term NNN leases + mo-mo parking leases
  • Multiple revenue streams and positive co-working relationships between tenants strengthen long-term occupancy
  • Office interiors updated with new flooring, lighting, paint and ceiling repairs
  • All roll-up doors replaced/repaired in 2024
  • 4 acres with ample yard and dedicated trailer parking

OVERVIEW

This fully leased, multi-tenant investment property features an 18,000 Sq. Ft. industrial service building with 14 overhead doors, 20' ceiling height and 7 offices. Located on the NE side of Dothan, just one block from Ross Clark Circle. This investment opportunity offers 4 long-standing tenants with strong regional/national credit and NNN leases in place.

FOR SALE DETAILS

PRICE

$1,255,459 USD

PRICE/SF

$70 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

19

LAND DETAILS

LAND ACRES

4

LAND SF

174,240

ZONING

H-1

APN/PARCEL ID

09-01-01-3-000-006-000

ASK ABOUT THIS PROPERTY

Shannon AutyNAI TALCORMore Info
334-406-1161

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Shannon AutyNAI TALCORMore Info
334-406-1161

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