1515 Radium Springs Rd | Albany, GA 31705
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1515 Radium Springs Rd
Albany, GA 31705
Dollar General · Retail Property For Sale
Investment Highlights
- 6.5 Years Remaining in Existing Term (Lease Exp: 06/30/2031)
- Dollar General Has Been Operating at this Location for 23+ Years Since 2001
- Store Remodel | Tenant Remodeled the Subject Property in September 2024 at their Sole Cost & Expense
- Tenant Just Exercised their Next 5-Year Option Period | Renewal Notice Was Sent 18 Months Prior to the Required Deadline to Renew
- NN Lease - Landlord Responsibilities Limited to Roof, Parking Lot, HVAC & Structure
- Low Rent/PSF | Tenant Paying $7.30 PSF
Executive Summary
Schuchert Retail Group and Brian Brockman (Bang Realty-Georgia, Inc.) are pleased to exclusively present for sale the 8,000 SF Dollar General located at 1515 Radium Springs Road, Albany, GA 31705.
In Conjunction With: Brian Brockman (Bang Realty-Georgia, Inc) - License #378952
GA License #378952
In Conjunction With: Brian Brockman (Bang Realty-Georgia, Inc) - License #378952
GA License #378952
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Year Built
2001
Price
$1,114,020 CAD
Price Per SF
$139 CAD
Cap Rate
7.50%
NOI
$83,551 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.20 AC
Opportunity Zone
Yes
PROPERTY TAXES
Parcel Number | 00227-00000-35D | Improvements Assessment | $167,685 CAD |
Land Assessment | $34,326 CAD | Total Assessment | $202,011 CAD |
PROPERTY TAXES
Parcel Number
00227-00000-35D
Land Assessment
$34,326 CAD
Improvements Assessment
$167,685 CAD
Total Assessment
$202,011 CAD
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