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Popeyes 2231 Ross Clark Cir 2,143 SF Retail Building Dothan, AL 36301 $2,241,481 ($1,045.95/SF) 6.75% Cap Rate
Investment Highlights
- Demographics Supporting Long-Term QSR Demand
- High-Traffic Exposure
- Nearby Schools and Education-Based Demand
- Dense National Retail and Restaurant Co-Tenancy
Executive Summary
Surmount is pleased to present the exclusive listing for a Popeyes located at 2231 Ross Clark Circle, Dothan, AL 36301. The site consists of roughly 2,143 rentable square feet of building space on an estimated .62-acre parcel of land. Popeyes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $151,300 and has scheduled increases of 2.00 % Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,143 SF
Building Class
C
Year Built
2025
Price
$2,241,481
Price Per SF
$1,045.95
Cap Rate
6.75%
NOI
$151,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.62 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-07-35-4-000-016-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $122,740 |
Property Taxes
Parcel Number
09-07-35-4-000-016-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$122,740
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Popeyes | 2231 Ross Clark Cir
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