108 S Westover Blvd - Freestanding FOR SALE


Albany, GA 31707
$12,425,053 USD
407-234-4111
108 S Westover Blvd, Albany, GA for Sale
$12,425,053 USD
Freestanding - FOR SALE
1/14
null | 4.75% Cap Rate

108 S Westover Blvd
Albany, GA 31707


HIGHLIGHTS

  • Investment Grade Credit Rating "AA" - S&P/Fitch
  • Four (4), Five-Year Tenant Renewal Options w/ increases
  • Walmart fuel and convenience store
  • Walmart went through a substantial renovation and expansion in 2024

OVERVIEW

Collison Capital is pleased to present a net leased Walmart Neighborhood Market located at 108 S. Westover Blvd. in Albany, Georgia. Built in 2014 and situated on 6.99 acres of land, the Walmart Neighborhood Market is comprised of 41,963 square feet of retail space which includes a drive-thru pharmacy and a convenience store with fuel pumps. This Walmart Neighborhood Market is subject to a 20-year modified NNN lease with 9 years remaining and 4, 5-year options. The property is adjacent to Albany State University's West Campus spanning 186 acres and including the Darton College of Health Professionals. In 2024, Walmart invested heavily in this property enhancement and expansion showing their commitment to the site.

FOR SALE DETAILS

PRICE

$12,425,053 USD

PRICE/SF

$304 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.99 AC

LAND SF

304,484 SF

ZONING

C, C1

APN/PARCEL ID

00306-00017-019,00306-00017-022

ASK ABOUT THIS PROPERTY

Carter CollisonCollison CapitalMore Info
407-234-4111

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Carter CollisonCollison CapitalMore Info
407-234-4111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.