Drive-Through Restaurant
1708 Westgate Parkway Dothan, AL 36303
For Sale
$2,598,000
COMMERCIAL - Dothan, AL
Property Size7,875 SF
Lot Size2.43 Acres
Price / SF$329.90
Days on Market317
Property Features for 1708 Westgate Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
0902033001022002
Lot size
2.43 Acres
Building Details
Year built
2020
Floors in Building
1
Listing Agency:
The Real Estate Group
(334) 797-7373
Listed By:
Donnie Wells · License #0000922690
(334) 618-3239
Added: Sep 17, 2025
Changed: Jul 29
Last Checked: Jul 30 at 7:06AM
MLS# 205228
Copyright © 2026 Southeast Alabama Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This former restaurant property is a highly visible commercial building with a functional interior layout that includes a dining area, bar, full kitchen, and multiple storage rooms. The space is equipped with existing kitchen equipment, tables, chairs, booths, and benches, along with a drive-through window for service flow. Exterior features include wrap-around porches and exterior signage, supported by on-site parking for up to 124 vehicles and an RV hookup.
The property fronts Westgate Parkway and is directly across from Wiregrass Commons Mall, with scenic pond views.
Zoned for commercial use, the building offers an adaptable foundation for business uses beyond its prior restaurant configuration.
The property fronts Westgate Parkway and is directly across from Wiregrass Commons Mall, with scenic pond views.
Zoned for commercial use, the building offers an adaptable foundation for business uses beyond its prior restaurant configuration.
Key Highlights
- High‑visibility location on Westgate Parkway, directly across from Wiregrass Commons Mall.
- Large 7,875 sq ft building on 2.43 acres with 124 parking spaces.
- Functional layout with dining area, bar, full kitchen, and existing equipment (tables, chairs, booths, benches).
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.1k | $15.00 |
| − Vacancy | −$8.3k | −$1.05 |
| EGI | $109.9k | $13.95 |
| − OpEx | −$27.5k | −$3.49 |
| NOI | $82.4k | $10.46 |
7,875 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.37M
NOI $82,392 @ 7.0% cap · market cap 3.17%
Second Best
Industrial
$441.8K
$386.6K – $515.4K
NOI $30,925 @ 7.0% cap · market cap 1.19%
Theoretical Best
Healthcare Medical
$1.39M
$1.22M – $1.62M
NOI $97,433 @ 7.0% cap · market cap 3.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant building with a drive-through window, existing kitchen equipment, and commercial zoning on Westgate Parkway.
Where is this drive through restaurant located?
The property is located at 1708 Westgate Parkway Dothan, AL.
What is the asking price?
The asking price for this property is $2,598,000.
What are key features of this property?
This property features: High‑visibility location on Westgate Parkway, directly across from Wiregrass Commons Mall.; Large 7,875 sq ft building on 2.43 acres with **124 parking spaces**.; Functional layout with dining area, bar, full kitchen, and existing equipment (tables, chairs, booths, benches).
