La Strada

151 W Main St Dothan, AL 36301

151 W Main St, Dothan, AL, 36301
151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301 151 W Main St, Dothan, AL, 36301
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Oct 18, 2024

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Highlights

  • Pre-Leasing Now! Projected completion by end of year
  • 5 customizable first generation ground floor retail spaces - buildout and TIA negotiable
  • Ideal spaces for alfresco dining, engaging storefronts and outdoor seating
  • Significant visibility and exposure on Main Street with access to S. Oates & S. Foster Street
  • Seamless pedestrian connection from Main St to rear parking via alleyway
  • Part of a rapidly redeveloping downtown area with new cultural and infrastructure projects
  • W. Main Street Traffic Counts: 26,525 VPD with projected population and economic growth
  • Prime location across from the Houston Co. Courthouse and future site of the new City Hall
  • Adjacent to Foster Street, featuring boutiques, cafes, brewery, green spaces, and KBC eatery, owned by the Top Chef Season 16 winner
  • 2 miles from SE Health (Level II Trauma Center serving the Tri-State Region)
  • 4 miles to ACOM (AL College of Osteopathic Medicine) 620+ students
  • Join downtown Dothan and benefit from a thriving medical and robust community

Description

Introducing La Strada: A mixed-use redevelopment of a landmark building in the heart of downtown Dothan with projected completion by end of year. Phase I features 5,875 sq. ft. of premier, first-generation retail space on the ground floor with luxury apartments on the top floor with a concierge lobby and gym. Choose from 5 unique customizable retail spaces, including Main Street storefronts or charming alleyway suites, each offering significant visibility and exposure. Versatile and customizable suites with alfresco dining and outdoor seating options - perfect for shops, cafes and restaurants needing the flexibilty to tailor their own space.

A dedicated retail alleyway will seamlessly connect Main Street to the rear parking lot with access to S. Oates and S. Foster Street, enhancing accessibility and increasing foot traffic for both customers and tenants. The building's close proximity to Foster Street, featuring the entrance to the new Porter Park (gateway to the new city center developments) adds to its appeal. Downtown Dothan is undergoing substantial transformation to include a new amphitheater, opera house enhancements, new Wiregrass Arts & Innovation Center, green spaces, hotel and mixed-use developments, and a new Main Street roundabout.

With 2023 traffic counts of 26,525 VPD on W. Main Street and projected population and economic growth, this location offers a prime opportunity to create a personalized business space in a vibrant downtown setting. Retailers and tenants can take full advantage of the luxury residential units being developed for the top floors, tapping into an affluent customer base and benefiting from increased foot traffic and community engagement. This unique and dynamic environment provides an ideal platform for retailers to establish a prominent presence in the heart of the city.

Address: 151 W. Main Street, Dothan, AL 36301. Situated between S. Oates Street and S. Foster Street with frontage on W. Main Street.

Building Size: 13500sq ft
Lot Size: 1.1 acres


Documents

La Strada Retail Brochure

Units for Lease

151 W. Main Street
Space Available: 5875 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $25.00 - $30.00
Retail Suite #10
Space Available: 1547 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $30.00
Retail Suite #20
Space Available: 1187 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $25.00
Retail Suite #30
Space Available: 1238 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $27.00
Retail Suite #40
Space Available: 885 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $30.00
Retail Suite #50
Space Available: 1019 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $27.00

Map of 151 W Main St, Dothan, AL, 36301

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.