Single-Tenant NNN
For Sale
Contact for pricing
Pending
3431 Ross Clark Cir, Dothan, AL 36303
Corporate-backed restaurant lease includes annual rent increases and multiple renewal options.
Property SizeContact for details
Days on Market142
Property Features for 3431 Ross Clark Cir
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 12:32AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This single-tenant restaurant property is leased under an absolute NNN structure to Cracker Barrel. The lease began in 2020 with a 20-year term, includes 1.00% annual rent escalations, and has 15 years remaining. The tenant also holds ten five-year renewal options, providing a defined long-term lease framework.
Located at 3431 Ross Clark Cir in Dothan, Alabama, the property recorded more than 333,000 visits annually and ranks within the top 28% of Cracker Barrel locations nationwide, based on Placer.ai data. The lease is supported by a corporate guarantee from the restaurant chain.
Located at 3431 Ross Clark Cir in Dothan, Alabama, the property recorded more than 333,000 visits annually and ranks within the top 28% of Cracker Barrel locations nationwide, based on Placer.ai data. The lease is supported by a corporate guarantee from the restaurant chain.
Key Highlights
- Absolute NNN lease with 15 years remaining
- Lease commenced in 2020 with a 20‑year initial term
- 1.00% annual rental escalations
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
737k
Monthly Visits Nearby
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?
NNN property - Corporate-backed restaurant lease includes annual rent increases and multiple renewal options.
Where is this nnn property located?
The property is located at 3431 Ross Clark Cir Dothan, AL.
What are key features of this property?
This property features: Absolute NNN lease with 15 years remaining; Lease commenced in 2020 with a 20‑year initial term; 1.00% annual rental escalations
