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1588 AL-210
Dothan, AL 36301
SLIM CHICKENS | FAVORABLE 2% ANNUAL INCREASES · Retail Property For Sale
Investment Highlights
- 20 Year Absolute Net Sale Leaseback (Zero Landlord Obligations) featuring 2% Annual Rental Increases throughout the Initial Term and Options.
- Within Cottonwood Corners - a 69k+ Sq.Ft. Community Shopping Center Anchored by the City’s first Publix Supermarket.
- Situated in Alabama’s Fastest-Growing Micropolitan Area with Strong Demographic Fundamentals and Expanding Retail Base.
- High-Visibility Corner Location Along AL-210 – Dothan’s Main East-West Artery Connecting Residential Neighborhoods to Major Retail Hubs.
- Located Minutes from Troy University’s Dothan Campus and Wallace Community College – Strong Student, Faculty, and Visitor Base.
- Less than two Miles from Southeast Health Medical Center – 420-Bed Regional Hospital Employing Over 3,000 Healthcare Professionals.
Executive Summary
Slim Chickens | 20 Year Absolute Net Sale Leaseback | with Favorable 2% Annual Rental Increases | Brand New 2025 High Quality Construction | Along AL-210 - Dothan’s Main East-West Artery | W/in the City’s first Publix Anchored Retail Center | Situated in Alabama’s Fastest-Growing Micropolitan Area
Alabama Broker of Record: Eddie Greenhalgh | 800 Shades Creek Parkway, Ste. 815 Birmingham, AL 35209 | P: (205) 510-9200 | Lic #: 000088298-0 Eddie.Greenhalgh@MarcusMillichap.com
Alabama Broker of Record: Eddie Greenhalgh | 800 Shades Creek Parkway, Ste. 815 Birmingham, AL 35209 | P: (205) 510-9200 | Lic #: 000088298-0 Eddie.Greenhalgh@MarcusMillichap.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$3,948,941 CAD
Price Per SF
$1,410.34 CAD
Cap Rate
6.25%
NOI
$246,809 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.54 AC
Zoning
C1 - Commercial
Property Taxes
| Parcel Number | 10-09-31-1-000-004-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $142,655 CAD |
Property Taxes
Parcel Number
10-09-31-1-000-004-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$142,655 CAD
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