2616 Dawson Rd - Bank FOR SALE


Albany, GA 31707
$3,667,000 USD
470-344-2586
2616 Dawson Rd, Albany, GA for Sale
$3,667,000 USD
Bank - FOR SALE
1/13
null | 4.5% Cap Rate

2616 Dawson Rd
Albany, GA 31707


HIGHLIGHTS

  • Brand New 20-Year Lease | Options To Extend | Corporate Signed | 10% Rental Increases | 2026 Construction
  • Absolute NNN (Ground Lease) | Land Ownership | Zero Landlord Responsibilities
  • Along Dawson Rd | Across from Albany Mall | Dense Trade Area | Several National/Credit Tenants | Double Drive-Thru Equipped
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

• Brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site • Lease is signed by the corporate entity, Raising Cane’s Restaurants, LLC • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation • Raising Cane’s is an established, nationally recognized brand with over 975 locations and one of the fastest growing chains in the U.S.

FOR SALE DETAILS

PRICE

$3,667,000 USD

PRICE/SF

$508 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Raising Cane's - Albany GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

2.67 AC

LAND SF

116,305 SF

ZONING

C2

APN/PARCEL ID

00300-00002-003

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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