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
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
| Parcel Number | 09-08-28-4-000-005-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $167,620 |
