Shopping Strip
Metro West Plaza
2855 Ross Clark Cir, Dothan, AL 36301
Listing Price: $3,450,000
Investment Overview
Nestled within the vibrant commercial landscape of Dothan, Alabama, this 32,000 square foot shopping center stands as a beacon of opportunity for investors. Boasting a prime location in a bustling area with high foot traffic, the center offers excellent visibility and accessibility for tenants and customers alike. Its diverse mix of retail stores, restaurants, and service providers caters to the varied needs of the local community, ensuring steady foot traffic and consistent rental income. With a history of strong occupancy rates and long-term lease agreements, the center presents a stable investment opportunity with the potential for value appreciation in Dothan's thriving retail market.
Investment Highlights
- Value-Add Retail Center With Owner Financing Option
- Low Rents Compared To Market
- Affluent Demographics | 40,000 Vehicles Per Day
- $110.73 per Square Foot |Below Replacement Cost
- Proforma Cap Rate | 9.96%
Broker of Record
Financing By
Listing Price: $3,450,000
Investment Highlights
- Value-Add Retail Center With Owner Financing Option
- Low Rents Compared To Market
- Affluent Demographics | 40,000 Vehicles Per Day
- $110.73 per Square Foot |Below Replacement Cost
- Proforma Cap Rate | 9.96%
Investment Overview
Nestled within the vibrant commercial landscape of Dothan, Alabama, this 32,000 square foot shopping center stands as a beacon of opportunity for investors. Boasting a prime location in a bustling area with high foot traffic, the center offers excellent visibility and accessibility for tenants and customers alike. Its diverse mix of retail stores, restaurants, and service providers caters to the varied needs of the local community, ensuring steady foot traffic and consistent rental income. With a history of strong occupancy rates and long-term lease agreements, the center presents a stable investment opportunity with the potential for value appreciation in Dothan's thriving retail market.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments