2812 Hartford Hwy | Dothan, AL 36305
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This Office Property is no longer advertised on LoopNet.com.
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
- General Retail Drugstore
- General Retail Freestanding
- General Retail Storefront Retail/Office
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
Links
PROPERTY TAXES
Parcel Number | 09-08-28-4-000-005-006 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $167,620 |
PROPERTY TAXES
Parcel Number
09-08-28-4-000-005-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$167,620
Learn More About Investing in Office Space
Listing ID: 28894466
Date on Market: 6/30/2023
Last Updated:
Address: 2812 Hartford Hwy, Dothan, AL 36305
The Office Property at 2812 Hartford Hwy, Dothan, AL 36305 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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