Multi-Tenant Industrial

For Sale

704 Murray Rd, Dothan, AL 36303

This Dothan property for sale is located at 704 Murray Rd. The current listed sale price for Multi-Tenant Industrial is $1,255,459. Multi-Tenant Industrial is situated on a lot that is 4 acre in size.

Contacts

broker
Shannon Auty

NAI TALCOR

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 18,000 SF
  • Units 1
  • Lot Size 4 Acre
  • Year Built 1968
  • Year Renovated 2024
  • Date Updated Apr 15, 2025
  • Grade Level Doors 6
  • Office Area 2,000 SF
  • HVAC None
704 Murray Rd, Dothan, ALThis 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.2 metal buildings with office space available for lease consisting of 8,000 Sq. Ft. located at 704 Murray Rd, Dothan, AL.
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Highlights

  • Cap Rate: 8.5%
  • 18,000 SF total building area (shop + office space)
  • 4 acres with ample yard and dedicated trailer parking
  • All roll-up doors replaced/repaired in 2024
  • Office interiors updated with new flooring, lighting, paint and ceiling repair
  • Repaved/resurfaced asphalt millings on NE corner of lot for improved trailer parking area
  • 4 tenants - Ingram Equipment Company occupies 10,000 SF and Parks Truck Repair occupies 8,000 SF
  • Ashley Distribution Services and Bluebell Refrigerated Trucks have maintained tenancy here for the past approx 7-10 years
  • Multiple revenue streams and positive co-working relationships between tenants strengthen their long-term occupancy

Getting around

  • 29/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Dothan, AL
  • Zip Code 36303

Points of Interest

  • Kangaroo

    0.54 miles

  • Inland

    0.61 miles

  • Chevron

    0.63 miles

  • BP

    0.80 miles

  • Spirit

    1.06 miles

  • Fuel 24

    1.11 miles

  • Marathon

    1.30 miles

  • Circle K

    1.46 miles

  • A W Herndon

    1.49 miles

  • RaceWay

    1.58 miles

  • Express Car Wash

    4.65 miles

  • McDonald's

    0.60 miles

  • Popeyes

    0.64 miles

  • Zack's Family Restaurant

    0.65 miles

  • Jack's

    1.39 miles

  • Richie B's

    1.72 miles

  • Chuck E. Cheese

    1.73 miles

  • Red Lobster

    1.74 miles

  • Waffle House

    1.78 miles

  • Checkers

    1.79 miles

  • Long John Silver's

    1.82 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.

Contact Listing Broker
broker
Shannon Auty

NAI TALCOR

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