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Shopping Strip

Metro West Plaza

2855 Ross Clark Cir, Dothan, AL 36301

Listing Price: $3,750,000

Cap Rate
5.95%
Gross SF
33,412
Rentable SF
33,412
Price/Gross SF
$112.24
Lot Size
2.68 acres
Year Built
1986

Investment Overview

Nestled within the vibrant commercial landscape of Dothan, Alabama, this 34,000 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
  • $112 Per Square Foot | Below Replacement Cost

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Shopping Strip

Metro West Plaza

Listing Price: $3,750,000

Cap Rate
5.95%
Gross SF
33,412
Rentable SF
33,412
Price/Gross SF
$112.24
Lot Size
2.68 acres
Year Built
1986

Investment Highlights

  • Value-Add Retail Center With Owner Financing Option
  • Low Rents Compared To Market
  • Affluent Demographics | 40,000 Vehicles Per Day
  • $112 Per Square Foot | Below Replacement Cost

Investment Overview

Nestled within the vibrant commercial landscape of Dothan, Alabama, this 34,000 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

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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