Golden Corral Dothan Alabama

Highlights:

• - Attractive 6.75% in-place cap rate
• - 5% in place percentage rent bonus, NOT calculated in the cap rate
• - 3 years remaining on current lease term
• - Two, 5-year lease extensions available
• - 15% rent increases for triggered extensions
• - Daily traffic count, 33,179

Description:

ONE Street Commercial Properties in association with Bang Realty is excited to present this exceptional opportunity for NNN retail and restaurant investors in the Dothan area.

This 10,483 SF building, constructed in 2001, with Golden Corral as the current tenant offers a modern and spacious setting ideally suited for diverse retail and dining concepts. Boasting a strategic location with high visibility, the property ensures prominent exposure to potential customers. With a flexible layout and ample parking on the 2.66 acre lot, this well-maintained space provides an inviting and convenient environment for businesses to prosper. Its contemporary construction and prime positioning make it an attractive choice for investors aiming to establish or expand their presence in the dynamic Dothan market, presenting ample potential for the realization of retail and culinary ventures.

Positioned in the heart of the city, the area offers convenient access to Dothan Regional Airport, providing seamless connectivity for business travelers. Nearby, the Wiregrass Commons Mall offers abundant shopping and dining options, while the Dothan Area Botanical Gardens provides a tranquil retreat for relaxation and inspiration. With close proximity to cultural and recreational attractions such as the Wiregrass Museum of Art and Westgate Park, the location balances professional opportunities with leisure amenities. This thriving area presents an appealing prospect for office building investors seeking to establish a strategic presence in a vibrant community, with a wealth of resources and attractions to enrich the work environment.

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