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128 S Washington St
40,000 - 41,000 SF of Office Space Available in Albany, GA 31701
Highlights
- Building is also available For Sale!
- One of the most beautiful buildings in Albany, Georgia
- Over 72,767 people live within five miles and spend $594,782,849 annually with retail trade seeing an above US average market growth of 4.13%.
- Build to Suit for long term lease is also available
- In historic Downtown near the Albany Civic Center, the Ray Charles Memorial, and the Flint RiverQuarium. 32,000 Traffic Count
- Corner building in opportunity zone with potential tax incentives and less than ten minutes from the Southwest Georgia Regional Airport.
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 40,000-41,000 SF | 12 ft - 21 ft | 10-30 Years | £3.13 /SF/PA £0.26 /SF/MO £33.73 /m²/PA £2.81 /m²/MO £128,461 /PA £10,705 /MO | Triple Net |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Law Office
- 50 Private Offices
- 8 Conference Rooms
- Finished Ceilings: 12 ft - 21 ft
- Space is in Excellent Condition
- Central Air and Heating
- Kitchen
- Fully Carpeted
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 128 S Washington St , Albany, GA 31701
| Min. Divisible | 40,000 SF | Gross Internal Area | 41,000 SF |
| Property Type | Retail | Year Built/Renovated | 1961/1995 |
| Property Subtype | Freestanding | Parking Ratio | 1.27/1,000 SF |
| Min. Divisible | 40,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 41,000 SF |
| Year Built/Renovated | 1961/1995 |
| Parking Ratio | 1.27/1,000 SF |
About the Property
The property is available for Lease and for Sale. For Lease: $4 sq ft per year, NNN (40,000 sq ft). It can be divided. For Sale: $1,900,000 (owner financing available) Build-to-Suit is also available! Designed in 1961 by architect, Harry A. “Bo” MacEwen (http://www.macewen.com) The property is ideal for a National Franchise (Cracker Barrel, Starbucks, Panera Bread, TGI Fridays, Outback Steakhouse, LongHorn Steakhouse, Olive Garden, Applebee’s, Chili’s, Red Lobster, The Cheesecake Factory, Ruby Tuesday, McDonald's, Burger King, Pizza Hut, Dunkin' etc.) This property is nestled in the heart of downtown Albany. Located on the corner of S. Washington and Oglethorpe Blvd, this is one of the most unique and arresting structures in Southwest Georgia. Centrally located this property is within walking distance of all Albany's governmental buildings, Turtle Grove Park, The Flint Riverquarium, Petoria Farms Brewery (coming soon!) and has outstanding exposure to the public, with over 32,000 vehicles passing it per day, Oglethorpe Blvd over 29,700 and S. Washington over 2,000 traffic count) Property Facts Property Type: Retail Property Sub type: Freestanding Building Size: 41,000 SF Building Class: B Year Built/Renovated: 1961/1995 Tenancy: Multiple Building Height: 3 Stories Building FAR: 0.62 Land Acres: 1.33 AC Zoning: C-2 - Commercial Parking: 52 Spaces (1.27 Spaces per 1,000 SF Leased)
- Bus Route
- Corner Lot
- Fireplace
- Security System
- Signage
- Drive Thru
- Air Conditioning
Nearby Major Retailers
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128 S Washington St
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