1515 Radium Springs Rd - Freestanding FOR SALE


Albany, GA 31705
$730,200 USD
925-549-1155
1515 Radium Springs Rd, Albany, GA for Sale
$730,200 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

1515 Radium Springs Rd
Albany, GA 31705


HIGHLIGHTS

  • NEARBY NATIONAL TENANTS – Family Dollar, Food Lion, Subway, Circle K, Advance Auto Parts and many other regional and local tenants
  • BELOW MARKET RENT – Dollar General is only paying $7.65/SF, Costar estimates that the Market Overall rent is $14.23/SF
  • ALBANY GA + SURROUNDING AREA – The City of Albany is home to over ±52,915 residents
  • RECENTLY EXTENDED LEASE + REMODEL – Dollar General has been operating at this location since 2001
  • CORPORATE GUARANTEE – Dollar General Boasts an Investment credit rating of BBB (S&P) and a ±25 Billion market cap
  • ESSENTIAL RETAILER – Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies

OVERVIEW

Bill Pedersen License No. 80041 (GA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$730,200 USD

PRICE/SF

$91 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

Commercial

APN/PARCEL ID

00227-00000-35D

ASK ABOUT THIS PROPERTY

Tarik FattahMatthews Real Estate Investment ServicesMore Info
925-549-1155

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Tarik FattahMatthews Real Estate Investment ServicesMore Info
925-549-1155

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