321 Nypro Ln Dothan, AL 36305
This exceptional 10,400-square-foot warehouse, built in 2024, is situated on a one-acre lot in Dothan, AL's desirable industrial submarket, near Highway 84 West and Woodburn Drive. The property boasts a single-tenant occupancy and is classified as Class A. The building features a 16-foot ceiling height (20 feet at the peak), a 175-foot frontage, and ample parking with 15 spaces. Loading and unloading are facilitated by one dock-high door with a hydraulic leveler and a separate drive-in door. The warehouse space itself offers approximately 8,500 square feet of clear span, featuring finished six-inch concrete floors. In addition, there's approximately 1,500 square feet of finished office space, including two ADA-compliant bathrooms (one with a shower), vinyl plank flooring, and a separate unfinished showroom or retail area. The office space has 9-foot ceilings. Power is provided by a 200 AMP, 3-phase 120/208 service, with a separate 150 AMP panel for the offices. The building is zoned Industrial (L-1) and is conveniently located near Grove Park, Chapelwood, Xtreme Air Mega Park, and Dothan Boat & RV Storage Facility, as well as Cross Fit Embrace and Move-it Storage. While the building does not have a wet pipe fire suppression system (not required), it offers a long-term triple-net (NNN) lease option with a minimum three- or five-year initial term and available extensions with 4% annual rental increases. Common area maintenance (CAM), property taxes, and insurance are estimated at approximately $1.85 per square foot annually, added to the base rent and paid monthly. Utilities and garbage collection are not included in the base rent.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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