Dothan, AL - AT&T

Description:

• AT&T recently exercised its option and extended the lease through 2032
• Established credit tenant operating at the site since 1996
• Lease features 2% annual rental increases, steadily growing NOI and providing a hedge against inflation

• The site is located within a dominant retail corridor featuring major national tenants including HomeGoods, Office Depot, Lowe’s Home Improvement, Sam’s Club, Hobby Lobby, Publix, and more
• The property benefits from direct frontage and visibility along Ross Clark Circle, which sees an average of 34,000 vehicles per day, making it one of Dothan’s primary thoroughfares
• AT&T also benefits from the strong traffic counts along W Main Street (Highway 84), which sees an average of 45,000 vehicles per day

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Listing ID: a28TP000002mJiLYAU