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Dothan, AL - Taco Bell

$2,743,000

3282 Reeves St, Dothan, AL 36303

Active
Last Updated: 10/11/2025

5.25

Cap Rate

144,000

NOI

Details:
Cap Rate:    5.25%
NOI:    $144,000
Building Size:    2,827 sqft
Lot Area:    1.15 acres
Occupancy:    100%
Year Built:    2023
Zoning:    B-2: Highway Commercial
Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Taco Bell investment property located in Dothan, Alabama. The tenant, Tacala, LLC recently signed a brand-new 25-year lease with six (5-year) options to extend, demonstrating their long-term commitment to the site, with 23 years remaining on the primary term. The property features Taco Bell’s latest prototype design and is backed by a lease guaranteed by Tacala, LLC, one of the largest and most experienced Taco Bell operators in the country with over 370 locations across the Southeast and Texas.

The lease is absolute NNN, with the tenant responsible for all taxes, insurance, maintenance, and CAM, resulting in zero landlord responsibilities and providing an ideal, management-free investment opportunity for a passive, out-of-state investor. This structure ensures predictable income and long-term stability for ownership. The property is strategically located adjacent to Dothan High School, benefiting from exceptional visibility, steady daily traffic, and consistent exposure to students, faculty, and visitors. The surrounding trade area features a strong mix of national and credit tenants including Harbor Freight, Rural King Tractors, Home Outlet, Circle K, and Wells Fargo Bank. This retail synergy creates significant cross-shopping potential and enhances the site’s long-term viability. The 5-mile trade area is supported by a population of more than 47,016 residents and 47,424 employees with an average household income of $71,116. These robust demographics provide a strong consumer base and reinforce the continued success of this high-performing Taco Bell location.

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