Multi-Tenant Industrial
$1,255,459
704 Murray Rd, Dothan, AL 36303
For Sale
Industrial
Flex Space
Active
Last Updated: 04/23/2025
18,000 sqft
Building Size
4 acres
Lot Area
Details:
Building Size: 18,000 sqft
Lot Area: 4 acres
Units: 1
Year Built: 1968
Floors: 2
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
Description:
This 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.
704 Murray Rd, Dothan, AL
1 Space Available
704 Murray Rd , Suite 2, 2 Unknown Sub Type
Available:
Immediately
Sublease:
No
SQFT
8,000
Documents:
| Title | ||
|---|---|---|
| 704 Murray Rd, 8,000 SF Lease Flyer | ||
| 704_Murray_Rd_Sale_Brochure.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
