Applebee’s Absolute NNN
For Sale
Contact for pricing
3050 Ross Clark Circle, Dothan, AL 36301
Absolute NNN lease includes annual 1% rent increases and two 5-year renewal options.
Property SizeContact for details
Days on Market141
Property Features for 3050 Ross Clark Circle
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
(925) 348-1844
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 29 at 10:19PM
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 The Kase Group
Investment Insights
Based on property information with market context.
This offering is an Applebee’s Grill + Bar occupied under an absolute NNN lease. The lease provides for annual 1% rent increases and includes two 5-year option periods, with annual 1% increases continuing during the options.
The property is located at 3050 Ross Clark Circle in Dothan, Alabama. Lease operations are associated with Neighborhood Restaurant Partners, which owns and operates 119 neighborhood Applebee’s restaurants. The established restaurant platform provides the operating context for this single-tenant offering.
The property is located at 3050 Ross Clark Circle in Dothan, Alabama. Lease operations are associated with Neighborhood Restaurant Partners, which owns and operates 119 neighborhood Applebee’s restaurants. The established restaurant platform provides the operating context for this single-tenant offering.
Key Highlights
- Applebee’s Grill + Bar at 3050 Ross Clark Circle, Dothan, Alabama
- Absolute NNN lease structure
- Annual 1% rent increases during the initial lease term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
283k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Apparel 20%
Shops & Services 15%
Home Improvements & Furnishings 11%
Krispy Kreme Doughnuts
Dining
33,876 visits/mo
0.3 miles
HomeGoods
Home Improvements & Furnishings
31,108 visits/mo
0.2 miles
Burlington
Apparel
25,311 visits/mo
0.4 miles
Burger King
Dining
17,862 visits/mo
0.3 miles
Metro Diner
Dining
16,175 visits/mo
0.3 miles
Demographics for 36301, AL
38,447
Population
17,872
Households
2.2
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
89.2 sq mi
ZIP Area
431
Density / Sq Mi
$49,124
Median Household Income
$35,333
Median Earnings
$886
Median Rent
$156,100
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?
NNN property - Absolute NNN lease includes annual 1% rent increases and two 5-year renewal options.
Where is this nnn property located?
The property is located at 3050 Ross Clark Circle Dothan, AL.
What are key features of this property?
This property features: Applebee’s Grill + Bar at 3050 Ross Clark Circle, Dothan, Alabama; Absolute NNN lease structure; Annual 1% rent increases during the initial lease term
