NNN Retail
For Sale
Contact for pricing
Pending
3489 Ross Clark Cir, Dothan, AL 36303
Ground-leased Home Depot location with corporate backing and investment-grade credit support.
Property SizeContact for details
Days on Market142
Property Features for 3489 Ross Clark Cir
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
JLL - Atlanta, Georgia
(949) 942-6585
Listed By:
Brad Buchanan · License #GA 351151
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Apr 12 at 5:48PM
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 - Atlanta, Georgia
Investment Insights
Based on property information with market context.
This NNN retail property is occupied by Home Depot under a ground lease. The tenant uses 104,105± SF, with approximately 5.5 years left in the initial lease term. The agreement includes six additional 5-year options, and rent increases by 5.00% at the start of each option period.
The property is positioned along Ross Clark Circle, identified as US-231/AL-210, at the western quadrant of its intersection with Montgomery Highway, or AL-53. Ross Clark Circle extends around Dothan and serves as the city’s primary traffic route. Montgomery Highway connects northwest toward Montgomery. The site is adjacent to Northside Mall, anchored by Publix, Hobby Lobby, and 2nd & Charles, and sits across from Wiregrass Mall and Shops on the Circle, where retailers include T.J.Maxx, PetSmart, Old Navy, Big Lots, and Shoe Carnival.
The lease is corporately guaranteed by The Home Depot (NYSE: HD), which carries an S&P investment-grade credit rating of A.
The property is positioned along Ross Clark Circle, identified as US-231/AL-210, at the western quadrant of its intersection with Montgomery Highway, or AL-53. Ross Clark Circle extends around Dothan and serves as the city’s primary traffic route. Montgomery Highway connects northwest toward Montgomery. The site is adjacent to Northside Mall, anchored by Publix, Hobby Lobby, and 2nd & Charles, and sits across from Wiregrass Mall and Shops on the Circle, where retailers include T.J.Maxx, PetSmart, Old Navy, Big Lots, and Shoe Carnival.
The lease is corporately guaranteed by The Home Depot (NYSE: HD), which carries an S&P investment-grade credit rating of A.
Key Highlights
- 104,105± SF occupied by Home Depot
- Approximately 5.5 years remaining on the initial lease term
- Six 5‑year extension options with 5.00% increases at each option start
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
849k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 27%
Dining 26%
Apparel 17%
Superstores 16%
Sam's Club
Superstores
107,191 visits/mo
0.3 miles
T.J. Maxx
Apparel
64,650 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
56,174 visits/mo
0.1 miles
Chick-fil-A
Dining
47,421 visits/mo
0.3 miles
Publix
Groceries
37,366 visits/mo
0.0 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 - Ground-leased Home Depot location with corporate backing and investment-grade credit support.
Where is this nnn property located?
The property is located at 3489 Ross Clark Cir Dothan, AL.
What are key features of this property?
This property features: 104,105± SF occupied by Home Depot; Approximately 5.5 years remaining on the initial lease term; Six 5‑year extension options with 5.00% increases at each option start
