Multi-Tenant Industrial Investment Opportunity

704 Murray Rd, Dothan, AL 36303

  • For Sale $1,255,459
  • Property Type Industrial - Flex - Industrial
  • Property Size 18,000 SF
  • Units 1
  • Lot Size 4 Acre
  • Year Built 1968
  • Year Renovated 2024
  • Date Updated Apr 12, 2025
  • Grade Level Doors 6
  • Office Area 2,000 SF
  • HVAC None
704 Murray Rd, Dothan, ALThis fully leased, multi-tenant investment property features an 18,000 Sq. Ft. industrial service building with 14 overhead doors, 20' ceiling height and 7 offices. Located on the NE side of Dothan, just one block from Ross Clark Circle. This investment opportunity offers 4 long-standing tenants with strong regional/national credit and NNN leases in place.2 metal buildings with office space available for lease consisting of 8,000 Sq. Ft. located at 704 Murray Rd, Dothan, AL.
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Highlights

  • Cap Rate: 8.5%
  • 18,000 SF total building area (shop + office space)
  • 4 acres with ample yard and dedicated trailer parking
  • All roll-up doors replaced/repaired in 2024
  • Office interiors updated with new flooring, lighting, paint and ceiling repair
  • Repaved/resurfaced asphalt millings on NE corner of lot for improved trailer parking area
  • 4 tenants - Ingram Equipment Company occupies 10,000 SF and Parks Truck Repair occupies 8,000 SF
  • Ashley Distribution Services and Bluebell Refrigerated Trucks have maintained tenancy here for the past approx 7-10 years
  • Multiple revenue streams and positive co-working relationships between tenants strengthen their long-term occupancy

Contacts

broker
Shannon Auty

NAI TALCOR

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent

  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dothan, AL
  • Zip Code 36303

Points of Interest

  • Kangaroo

    0.54 miles

  • Inland

    0.61 miles

  • Chevron

    0.63 miles

  • BP

    0.80 miles

  • Spirit

    1.06 miles

  • Fuel 24

    1.11 miles

  • Marathon

    1.30 miles

  • Circle K

    1.46 miles

  • A W Herndon

    1.49 miles

  • RaceWay

    1.58 miles

  • McDonald's

    0.60 miles

  • Popeyes

    0.64 miles

  • Zack's Family Restaurant

    0.65 miles

  • Jack's

    1.39 miles

  • Richie B's

    1.72 miles

  • Chuck E. Cheese

    1.73 miles

  • Red Lobster

    1.74 miles

  • Waffle House

    1.78 miles

  • Checkers

    1.79 miles

  • Long John Silver's

    1.82 miles

  • Plaza North Shopping Center

    0.76 miles

  • Piggly Wiggly

    1.33 miles

  • Wiregrass Commons Mall

    1.57 miles

  • Big Lots

    1.66 miles

  • TJ Maxx

    1.75 miles

  • Publix

    1.91 miles

  • Winn-Dixie

    1.99 miles

  • Walmart Supercenter

    2.62 miles

  • Kohl's

    2.68 miles

  • Ross

    2.75 miles

  • Dothan Fire Station 9

    0.71 miles

  • Walgreens

    2.01 miles

  • Dothan Police Department

    2.28 miles

  • Houston County Sheriff's Office

    2.36 miles

  • Dothan Fire Station 10

    2.50 miles

  • Dothan Fire Station 5

    2.67 miles

  • Dothan Fire Station 1

    2.71 miles

  • Dothan Fire Station 6

    3.08 miles

  • Southeast Health Surgery Clinic

    3.42 miles

  • Southeast Health Pain Management

    3.46 miles

Frequently Asked Questions

How much does Multi-Tenant Industrial Investment Opportunity cost?

The space currently listed for sale at Multi-Tenant Industrial Investment Opportunity asks for $1,255,459.

What is the total square footage of Multi-Tenant Industrial Investment Opportunity?

Multi-Tenant Industrial Investment Opportunity totals 18,000 square feet.

When was this property built?

Multi-Tenant Industrial Investment Opportunity was built in 1968.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Shannon Auty

NAI TALCOR

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