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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

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Year Built
2001
Price
£622,581
Price Per SF
£78
Net Initial Yield
7.50%
NOI
£46,693
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
1.20 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

PROPERTY TAXES

Parcel Number 00227-00000-35D Improvements Assessment £93,968
Land Assessment £19,236 Total Assessment £113,204

PROPERTY TAXES

Parcel Number
00227-00000-35D
Land Assessment
£19,236
Improvements Assessment
£93,968
Total Assessment
£113,204
 

  • Listing ID: 34135744

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 1515 Radium Springs Rd, Albany, GA 31705

The Retail Property at 1515 Radium Springs Rd, Albany, GA 31705 is currently available for sale. Contact Schuchert Retail Group for more information.

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1515 Radium Springs Rd, Albany, GA for sale Primary Photo- Image 1 of 8
DG - Albany, GA - Offering Memorandum_Page_01
1515 Radium Springs Rd, Albany, GA for sale Building Photo- Image 2 of 8
DG - Albany, GA - Offering Memorandum_Page_02
1515 Radium Springs Rd, Albany, GA for sale Aerial- Image 3 of 8
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1515 Radium Springs Rd, Albany, GA for sale Aerial- Image 4 of 8
DG - Albany, GA - Offering Memorandum_Page_06
1515 Radium Springs Rd, Albany, GA for sale Aerial- Image 5 of 8
DG - Albany, GA - Offering Memorandum_Page_07
1515 Radium Springs Rd, Albany, GA for sale Aerial- Image 6 of 8
DG - Albany, GA - Offering Memorandum_Page_08
1515 Radium Springs Rd, Albany, GA for sale Building Photo- Image 7 of 8
DG - Albany, GA - Offering Memorandum_Page_15

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