Contacts

Kevin Brandes

ONE Street Commercial Properties

Property Details

Property Type Retail - Restaurant
Property Size 10,483 SF
Lot Size 2.66 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Year Built 2001
Date Updated Dec 8, 2024

Positioned in the heart of the city, the area offers convenient access to Dothan Regional Airport, providing seamless connectivity for business travelers. Nearby, the Wiregrass Commons Mall offers abundant shopping and dining options, while the Dothan Area Botanical Gardens provides a tranquil retreat for relaxation and inspiration. With close proximity to cultural and recreational attractions such as the Wiregrass Museum of Art and Westgate Park, the location balances professional opportunities with leisure amenities. This thriving area presents an appealing prospect for office building investors seeking to establish a strategic presence in a vibrant community, with a wealth of resources and attractions to enrich the work environment.ONE Street Commercial Properties in association with Bang Realty is excited to present this exceptional opportunity for NNN retail and restaurant investors in the Dothan area. 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.

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Highlights

- Attractive 6.75% in-place cap rate
- 5% in place percentage rent bonus, NOT calculated in the cap rate
- 3 years remaining on current lease term
- Two, 5-year lease extensions available
- 15% rent increases for triggered extensions
- Daily traffic count, 33,179

Attachments

Dothan, AL OM (PDF) opens in new window

Getting around

51/100
Walk Score ®
40/100
Bike Score ®

Powered by Walk Score ®

City Dothan, AL
Zip Code 36303

Points of Interest

Sam's Club

0.33 miles
Velocity

0.72 miles
Texaco

0.84 miles
Shell

0.93 miles
BP

0.99 miles
A W Herndon

1.24 miles
Walmart

1.33 miles
Spirit

1.36 miles
City of Dothan EV Charging Station

2.49 miles
Dothan Supercharger

4.47 miles

Golden Corral

0.00 miles
Olive Garden

0.07 miles
TGI Friday's

0.12 miles
Captain D's

0.26 miles
IHOP

0.29 miles
LongHorn Steakhouse

0.32 miles
Chick-fil-A

0.34 miles
Fazoli's

0.37 miles
Schlotzsky's

0.42 miles
Cracker Barrel

0.42 miles

TJ Maxx

0.56 miles
Publix

0.61 miles
Big Lots

0.66 miles
Burlington

0.74 miles
Wiregrass Commons Mall

1.03 miles
Walmart Neighborhood Market

1.33 miles
Winn-Dixie

1.37 miles
Plaza North Shopping Center

1.56 miles
Kohl's

1.88 miles
Piggly Wiggly

1.90 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.