For Sale
$4,000,000
3340 Ross Clark Cir Dothan, AL 36303
High-yield, 10,483 SF QSR/Restaurant
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 6.75% current cap rate.
- 5% percentage rent bonus (not included in cap rate).
- Three-year remaining lease term.
- Two, five-year lease extension options.
- 15% rent increases upon extension.
- 33,179 daily traffic count.
Property Details for 3340 Ross Clark Cir
- Property type
- Retail properties, Restaurants
- Square Feet
- 10,483 SF
- Class
- A
- Year Built
- 2001
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 115,870 SF
Location Insight
- City
- Dothan
- County
- Houston
- State
- Alabama
- Latitude
- 31.239865166998
- Longitude
- -85.43022569046
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, 10,483 SF QSR/Restaurant
- Where is the retail property located?
- The property is located at 3340 Ross Clark Cir Dothan, AL.
- What is the asking price?
- The asking price for this property is $4,000,000.
- What are key features of this property?
- This property features: 6.75% current cap rate.; 5% percentage rent bonus (not included in cap rate).; Three-year remaining lease term.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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