Wells Fargo Ground Lease
3051 Montgomery Hwy, Dothan, AL 36303
Long-term NNN ground lease with corporate guarantee and rental increases.
Type:Retail
Property size:
4,539 SFLot size:
1.10 AcresPrice / SF:
$663/SF- Added:
- May 11, 2026
- Days on Market:
- 20
- Last Refresh:
- May 14 at 9:29 pm
Property Features for 3051 Montgomery Hwy
General Information
- Standard status
- Active
- Size
- 4,539 SF
- Lot size
- 1.10 Acres
- Property subtype
- Retail
Listing agent Vincent Aicale License #CA 01728696
Listing office Cushman & Wakefield - Sacramento, California
Listing date May 11, 2026
Source Crexi
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 Cushman & Wakefield - Sacramento, California
HighLights
- Long‑term (14 years remaining) absolute NNN ground lease with corporate guarantee from Wells Fargo (S&P: A+ | Moody's: Aa2).
- 10% rental increases every five (5) years in the initial term and three (3) option periods, ensuring consistent income growth.
- Tenant (Wells Fargo) covers all taxes, insurance, and maintenance (including roof, structure, and parking lot), providing a fully passive investment.
- Located on highly visible and easily accessible Montgomery Highway (37,000+ AADT) as an outparcel to a Publix, The Home Depot, and Hobby Lobby anchored shopping center.
- Strong demographics with 65,320 residents within five miles and high average annual household income of $89,203 within one mile.
- Features a 3,951‑SF building on a 1.10‑acre parcel with a drive‑thru for added customer convenience.
Overview
This Wells Fargo ground lease property in Dothan, Alabama, is available for purchase. The property is under a long-term corporate-guaranteed absolute NNN ground lease to Wells Fargo, the fourth-largest bank in the United States by total assets. The lease has 14 years remaining. The property features 10% rental increases every five years in the initial term and three option periods of five years each. The tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot. The 3,951-SF building sits on a 1.10-acre parcel and features a drive-thru. The property is visible and accessible along Montgomery Highway (37,000+ AADT) and serves as an outparcel to a Publix, The Home Depot, and Hobby Lobby anchored multi-tenant shopping center. The site is surrounded by a mix of local and national retailers and is within walking distance from Wiregrass Commons Mall (approximately 70 stores, 638,000-SF of retail). Dothan benefits from a populous and affluent demographic base with 65,320 residents within five miles and high average annual household income of $89,203 within one mile. The market is poised for steady growth with projected population and income increases over the next five years.
Location Intelligence
Current Use by Public Records
Wells Fargo Bank
Bank
Wells Fargo ATM
Atm
Wells Fargo Advisors
Financial Advisor
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.428476
- Latitude
- 31.250783
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - Long-term NNN ground lease with corporate guarantee and rental increases.
Where is this bank located?
The property is located at 3051 Montgomery Hwy Dothan, AL.
What is the asking price?
The asking price for this property is $3,010,000.
What are key features of this property?
This property features: Long‑term (14 years remaining) absolute NNN ground lease with corporate guarantee from Wells Fargo (S&P: A+ | Moody's: Aa2).; 10% rental increases every five (5) years in the initial term and three (3) option periods, ensuring consistent income growth.; Tenant (Wells Fargo) covers all taxes, insurance, and maintenance (including roof, structure, and parking lot), providing a fully passive investment.
