Hardee's Triple-Net
For Sale
Contact for pricing
Pending
3471 Ross Clark Circle, Dothan, AL 36303
Hardee's restaurant offered on a new 20-year triple-net lease with scheduled rental increases.
Property SizeContact for details
Days on Market132
Property Features for 3471 Ross Clark Circle
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 20 at 1:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
The property is a Hardee’s restaurant consisting of 3,524 square feet of building space on approximately 0.78 acres of land. The tenant will enter into a brand new 20-year triple-net (NNN) lease with absolutely no landlord responsibilities upon close of escrow. The lease includes 10.00% rental increases every five years through the base term and into four, five-year tenant renewal options. The lease also carries a franchisee guaranty from Phase Three Star, an 85-unit operator.
The asset is located at 3471 Ross Clark Circle in Dothan, Alabama. The offering is presented as an exclusive sale listing by Marcus & Millichap.
This is a specialty, NNN-focused restaurant investment structure tied to a long-term, triple-net lease framework with periodic rent escalations and tenant renewal options.
The asset is located at 3471 Ross Clark Circle in Dothan, Alabama. The offering is presented as an exclusive sale listing by Marcus & Millichap.
This is a specialty, NNN-focused restaurant investment structure tied to a long-term, triple-net lease framework with periodic rent escalations and tenant renewal options.
Key Highlights
- Hardee's restaurant at 3471 Ross Clark Cir, Dothan, AL, offered with a brand new 20‑year triple‑net (NNN) lease
- 3,524 SF building on approximately 0.78 acres of land
- Tenant lease includes 10.00% rental increases every five years through the base term and into four, five‑year renewal options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
737k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 28%
Shops & Services 28%
Superstores 19%
Apparel 12%
Sam's Club
Superstores
107,191 visits/mo
0.2 miles
T.J. Maxx
Apparel
64,650 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
56,174 visits/mo
0.3 miles
Chick-fil-A
Dining
47,421 visits/mo
0.1 miles
Publix
Groceries
37,366 visits/mo
0.2 miles
Demographics for 36303, AL
31,080
Population
14,622
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
58.9 sq mi
ZIP Area
528
Density / Sq Mi
$53,006
Median Household Income
$34,504
Median Earnings
$855
Median Rent
$175,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Hardee's restaurant offered on a new 20-year triple-net lease with scheduled rental increases.
Where is this conventional restaurant located?
The property is located at 3471 Ross Clark Circle Dothan, AL.
What are key features of this property?
This property features: Hardee's restaurant at 3471 Ross Clark Cir, Dothan, AL, offered with a brand new 20‑year triple‑net (NNN) lease; 3,524 SF building on approximately 0.78 acres of land; Tenant lease includes 10.00% rental increases every five years through the base term and into four, five‑year renewal options
