206 Troy StDothan, AL 36303
- Office properties
- 93,982 SF
For Sale
$7,850,000
View listing
Property Details for 206 Troy St
- Year built
- 1970
- Lot size
- 1.96 AC
- Property size (Sq ft)
- 93,982 SF
- Property type
- Office properties
- Property subtype
- Other office properties
Description
This exceptional 93,982 square foot creative office building, located at 206 W Troy St in Dothan, Alabama, presents a unique sale-leaseback opportunity. The property, built in 1970 and situated on a 1.96-acre lot, is zoned DT. The asking price is $7,850,000, translating to $83.53 per square foot. A significant portion of the building, approximately 58,750 square feet, is available under a triple-net leaseback arrangement with a tenant for a potential 15-20 year term, with options for extension. Lease terms, including rent escalations and specific options, are negotiable. The remaining 35,200 square feet, located on the third and fourth floors, offers considerable flexibility for the new owner
206 Troy St, Dothan, Alabama
Location Insight
- City
- Dothan
- County
- Houston
- State
- Alabama
- Latitude
- 31.2252
- Longitude
- -85.3948
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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