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Metro West Plaza 2855 Ross Clark Cir 32,043 SF 26% Leased Retail Building Dothan, AL 36301 $3,394,000 ($105.92/SF)
Investment Highlights
- With 25.75% occupancy in a high-traffic, 3.3%-vacancy corridor, the property offers a new owner strong stabilization and cash-flow upside
- The property is priced well below replacement cost and received a new roof in 2021, a clear path to stabilization and lease up for a new owner
- Metro West Plaza has 396 feet of frontage on Ross Clark Circle with 33,549 AADT, providing strong location fundamentals in a tight trade area
- The property offers 23,792 square feet of vacancy in 1,250–4,300 SF units, providing highly desirable spaces for local and regional tenants
- Located at 2855 Ross Clark Circle between I-231 and Montgomery Highway, the property benefits from strong local activity and regional through-traffic
- The asset sits in a heavily trafficked commercial corridor surrounded by hotels, national restaurants, apartments, and medical offices
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
32,043 SF
Building Class
C
Year Built
1986
Price
$3,394,000
Price Per SF
$105.92
Percent Leased
26%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
2.68 AC
Parking
135 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
396’ on Ross Clark Cir.
Space Availability
- Space
- Size
- Space Use
- Position
- Available
rest. is fully eq. and furnished ready to open.
- 104
- 1,728 SF
- Retail
- In-Line
- Now
- 110a
- 7,276 SF
- Office
- -
- Now
$1565/mo
- 111
- 8,000 SF
- Retail
- In-Line
- Now
$1565/mo
$1565/mo
$4910/mo
| Space | Size | Space Use | Position | Available |
| 100 | 3,850-8,000 SF | Restaurant | In-Line | Now |
| 104 | 1,728 SF | Retail | In-Line | Now |
| 110a | 7,276 SF | Office | - | Now |
| 110b | 1,488 SF | Restaurant | - | Now |
| 111 | 8,000 SF | Retail | In-Line | Now |
| 112 | 1,500 SF | Retail | In-Line | Now |
| 114 | 1,500 SF | Retail | In-Line | Now |
| 116 | 3,547 SF | Retail | In-Line | Now |
100
| Size |
| 3,850-8,000 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
104
| Size |
| 1,728 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
110a
| Size |
| 7,276 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
110b
| Size |
| 1,488 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
111
| Size |
| 8,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
112
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
114
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
116
| Size |
| 3,547 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
100
| Size | 3,850-8,000 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
rest. is fully eq. and furnished ready to open.
110b
| Size | 1,488 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
$1565/mo
112
| Size | 1,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
$1565/mo
114
| Size | 1,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
$1565/mo
116
| Size | 3,547 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
$4910/mo
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-05-22-3-002-007-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $237,400 |
Property Taxes
Parcel Number
09-05-22-3-002-007-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$237,400
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Metro West Plaza | 2855 Ross Clark Cir
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