1511 Radium Springs Rd - Retail FOR SALE


Albany, GA 31705
$1,500,000 USD
229-405-2483
1511 Radium Springs Rd, Albany, GA for Sale
$1,500,000 USD
Retail - FOR SALE
1/7
null | 11.65% Cap Rate

1511 Radium Springs Rd
Albany, GA 31705


HIGHLIGHTS

  • Value-add retail center anchored by national grocery store. 11.6% OAR based in in-place tenants. Priced at only $31.19/sf

OVERVIEW

Tremendous value-add opportunity for this Food Lion anchored neighborhood shopping center. Priced to sell quickly at only $31.19/sf and offered at an 11.6% OAR with in-place tenancy (at 67% occupancy)based on pro-forma. Only national grocery store serving this neighborhood/area.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

11.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

267

LAND DETAILS

LAND ACRES

7.65 AC

LAND SF

333,234 SF

ZONING

C7

APN/PARCEL ID

00227-00000-035

ASK ABOUT THIS PROPERTY

Mike EverettSouthCore Real EstateMore Info
229-405-2483

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Mike EverettSouthCore Real EstateMore Info
229-405-2483

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