Your email has been sent.
Retail & Turnkey Restaurant Space Hwy 231 N 5031 Montgomery Hwy 1,100 - 3,900 SF of Retail Space Available in Dothan, AL 36303
HIGHLIGHTS
- 2 end-cap spaces available: turnkey restaurant with drive-thru and retail space
- Situated in one of Dothan’s higher income communities with an avg. household income of $78,874 within 1 mi radius
- Hwy 231 N is Dothan's primary retail corridor with Wiregrass Commons Mall, Academy Sports, Walmart, & Dothan Pavilion within 1.5mi radius
- Multiple signalized access points on Hwy 231 N with traffic count of 30,464 VPD (2023 ALDOT)
- Multiple luxury hotels nearby + newly constructed SpringHill Suites by Marriot directly across the highway
- Excellent visibility from Hwy 231
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,100 SF | 3-5 Years | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $33,781 CAD/YR $2,815 CAD/MO | Triple Net (NNN) | ||
| Ground | 2,800 SF | 3-5 Years | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $85,989 CAD/YR $7,166 CAD/MO | Triple Net (NNN) |
Ground
Available end-cap space in retail center with Sports Clips and KIKU Asian Express with excellent highway visibility and access. Located on Hwy 231N adjacent to major retail hub of the Wiregrass at The Dothan Pavilion. Join National retailers nearby featuring: Target, Lowe's, BestBuy, Dick's Sporting Goods, Kohls, AMC Theater, Michaels, ULTA, and more.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Excellent visibility and access
- Multiple signalized access points on Hwy 231
- Traffic count of 30,464 VPD (2023 AADT)
- Adjacent to newly built Home2 Suites by Hilton
- Across from newly built Springhill Suites
Ground
Existing Kiku Asian Express - do not disturb. Located at 5031 Montgomery Hwy in Dothan, this end-cap restaurant space offers 2,800 Sq Ft, complete with a convenient drive-thru for seamless service. The space offers 73 +/- interior seating capacity, complemented by an outdoor patio with additional seating. The property is located on Dothan's primary retail corridor on US-HWY 231 N and offers excellent visibility and access. This site benefits from being near the thriving retail hub of the Wiregrass at Dothan Pavilion amidst National retailers such as Target, Lowe's, BestBuy, Cold Stone Creamery, Dick's Sporting Goods, Kohls, AMC Theater, Michaels, ULTA, and more. With Hwy 231 N traffic counts of 30,300 vehicles per day (2022 AADT), this location provides great exposure and significant foot traffic in the area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Drive Thru
- 2 end-cap spaces available - retail/restaurants
- Multiple signalized access points on Hwy 231
- Traffic count of 30,299 VPD (2022)
- Adjacent to newly built Home2 Suites by Hilton
- Across from newly built Springhill Suites
- Excellent visibility and access
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,900 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Storefront | Parking Ratio | 4/1,000 SF |
| Total Space Available | 3,900 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,000 SF |
| Year Built | 2015 |
| Parking Ratio | 4/1,000 SF |
ABOUT THE PROPERTY
This site benefits from being near the thriving retail hub of the Wiregrass at Dothan Pavilion amidst National retailers such as Target, Lowe's, BestBuy, Cold Stone Creamery, Dick's Sporting Goods, Kohls, AMC Theater, Michaels, ULTA, and more. With Hwy 231 N traffic counts of 30,464 vehicles per day (2023 AADT), this location provides great exposure and significant foot traffic in the area.
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Retail & Turnkey Restaurant Space Hwy 231 N | 5031 Montgomery Hwy
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.