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English Village - 3753 & 3763 Ross Clark Cir 3753 Ross Clark Cir 20,000 SF 100% Leased Retail Building Dothan, AL 36303 $2,825,000 ($141.25/SF) 7.60% Cap Rate
Investment Highlights
- Two-building retail asset totaling 20,000 SF located along Ross Clark Circle
- Built-in contractual rent increases provide organic NOI growth and future upside potential
- Dothan serves as a regional hub for Southeast Alabama, drawing consumers from surrounding Georgia and Florida markets
- 100% occupied with four tenants, including State Farm, Veterans Affairs Clinic, Mexican restaurant, and escape room
- Positioned along Ross Clark Circle (US-84) with strong visibility, accessibility, and traffic counts exceeding 26,000 VPD
- Market serves as regional hub for healthcare, logistics, and professional services, supporting long-term retail demand
Executive Summary
English Village & 3763 Ross Clark Circle is a stabilized multi-tenant retail investment totaling approximately 20,000 SF along Ross Clark Circle (US-84), one of Dothan’s primary commercial corridors. The property is 100% occupied by a diversified mix of medical, restaurant, insurance, and experiential tenants, anchored by the VA – Dothan Clinic, providing stable cash flow and daily consumer traffic. The asset produces a stabilized NOI of approximately $214,632 and benefits from built-in contractual rent increases that support organic income growth and future upside potential.
Positioned along a corridor with traffic counts exceeding 26,000 VPD, the property benefits from strong visibility, accessibility, and a regional draw extending into Georgia and Florida. Dothan serves as a regional hub for healthcare, logistics, and professional services, supporting long-term retail demand. Favorable demographics include over 66,000 residents within five miles and average household incomes approaching $80,000 with continued projected growth, making the property an attractive combination of in-place yield and long-term stability.
Positioned along a corridor with traffic counts exceeding 26,000 VPD, the property benefits from strong visibility, accessibility, and a regional draw extending into Georgia and Florida. Dothan serves as a regional hub for healthcare, logistics, and professional services, supporting long-term retail demand. Favorable demographics include over 66,000 residents within five miles and average household incomes approaching $80,000 with continued projected growth, making the property an attractive combination of in-place yield and long-term stability.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
C
Year Built
2001
Price
$2,825,000
Price Per SF
$141.25
Cap Rate
7.60%
NOI
$214,632
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.79 AC
Zoning
C-2 - Highway Commercial
Frontage
300’ on Ross Clark Circle
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Reflecti Hair Design S
- Services
- -
- -
- -
- Supermeracado El Torito
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Reflecti Hair Design S | Services | - | - | - | ||
| Supermeracado El Torito | Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-01-11-2-001-007-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $187,020 |
Property Taxes
Parcel Number
09-01-11-2-001-007-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$187,020
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