3340 Ross Clark Cir Dothan, AL 36303

This exceptional investment opportunity features a 10,483-square-foot Golden Corral restaurant in Dothan, Alabama, built in 2001. The property is a Class A, single-tenant, net-lease (NNN) investment with a strong franchisee tenant. The current lease, commenced March 1, 2002, has a remaining term of approximately 7.3 years, expiring March 1, 2032, with two 5-year renewal options at a 15% rent increase. The property boasts a 6.75% cap rate, with an additional 5% percentage rent bonus not included in the cap rate. The asking price is $4,000,000, resulting in a price per square foot of $381.57. The property sits on a 2.66-acre lot with 200 parking spaces and enjoys 100% occupancy. The annual net operating income (NOI) is $270,000. Located at 3340 Ross Clark Cir, Dothan, AL 36303, this high-visibility location benefits from a daily traffic count of 33,179 vehicles. The property's modern design and ample parking make it an attractive investment for discerning buyers seeking a stable, high-return asset in a thriving market. The one-story building offers a flexible layout suitable for various retail and dining concepts. This is a rare opportunity to acquire a well-established, high-performing NNN property with significant upside potential.