Offering Memorandum
Property Highlights
- BRAND-NEW LONG-TERM NET LEASE
- CORPORATE LEASE GUARANTEE (1,100+ UNITS)
- ABSOLUTE TRIPLE-NET LEASE
- STRONG UNIT LEVEL REAL ESTATE FUNDAMENTALS
- PROXIMITY TO 95TH PERCENTILE, NATIONALLY RANKING SHOPPING CENTER - WIREGRASS COMMONS MALL
- LOCATED IN 7TH MOST POPULOUS ALABAMA METRO - DOTHAN, AL
- Price: $3,333,000
- Lot Size: 1.03 AC
- Cap Rate: 5.50%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 1997
- Building SF: 3,629 SF
- Status: Sold
- Guarantor: Corporate