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2812 Hartford Hwy
Dothan, AL 36305

Alabama Clinics | Abs. NNN MOB | 8.5 Yr Term · Office Property For Sale

Investment Highlights

  • Passive NNN Investment – Landlord will benefit from a “hands off” investment where the tenant takes care of all taxes, insurance, and maintenance
  • Annual Rental Increases – The lease features 2% annual increases, allowing investors to keep up with inflation and maximize rental income.
  • Highly Visible – Alabama Clinics is located at the corner of Hartford Hwy (13K+ VPD) and Honey Suckle Rd and provides a highly accessible location
  • Sticky Tenancy – Medical tenants rarely relocate due to high build out cost, difficulty retaining the same patient in a new location
  • Advantageous Return – At a 8.15% cap rate, this asset provides a return that is in line with today’s interest rate environment.
  • Nearby Hospital – Southeast Health Hospital has 353 beds and is less than 15 minutes away, providing a great potential referral base for the practice.

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
8,239 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,239 SF
Building FAR
0.11
Lot Size
1.77 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-08-28-4-000-005-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$167,620
  • Listing ID: 28894466

  • Date on Market: 6/30/2023

  • Last Updated:

  • Address: 2812 Hartford Hwy, Dothan, AL 36305

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